PRESS RELEASE

THE BUSINESS INCUBATOR CENTER
2591 B ¾ Road, Grand Junction, CO 81503 • 970/243-5242 • Fax 970/241-0771

FOR IMMEDIATE RELEASE:
DATE June 23, 2010
CONTACT - Chris Reddin (creddin@gjincubator.org) or Annalisa Pearson (apearson@gjincubator.org)
PHONE (970)243-5242

National Business Incubation Association Features Grand Junction’s own Business Incubator Center in “Best Practices in Action”

The Business Incubator Center is honored to be among 40 Incubator programs from across the world spotlighted in the National Business Incubation Association (NBIA) “Best Practices in Action, Guidelines for Implementing First-Class Business Incubation Programs.” What are “best practices?” Simply put, best practices are the standard by which the industry measures itself. They are also yardstick for stakeholders to evaluate if the programs they support are robust and viable.

In the foreword of the book Dinah Adkins, NBIA President Emerita, states, “We believe that the managers of the programs presented here have striven for excellence. They have aspired to be more than “good enough.” Far from being prescriptive, the examples here show the creative abundance that has emerged from programs devoted to serving entrepreneurs in the “highest and best” manner possible.”

Chris Reddin, the Executive Director at the Incubator Center, comments that, “it is an incredible honor to be recognized as one of the best practices in the International Incubation industry. Our program’s strength has been built year over year, getting better with each new business. This best-practice acknowledgment comes from more than two decades of growing companies and strengthening our local economy. The community that has supported our organization for all this time should be credited for much of our success.”

The Business Incubator Center serves a mission to support the launch, growth, stabilization and long-term success of business enterprises. We measure success by our ability to guide entrepreneurs through sound business decisions and our positive influence on economic growth in the region. Over our 23 year history, this structure has generated powerful results, including:
• the launch of more than 235 companies,
• the generation of more than $146 million in revenue by these companies,
• the funding of 260 businesses in the community,
• the creation of 9,625 jobs, and
• the investment of $51.1 million in capital.
For more information please contact either Chris Reddin or Annalisa Pearson or go to www.gjincubator.org.
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