
Northern Alberta Business Incubator
Encyclopedia
The Northern Alberta Business Incubator is a mixed-use, not-for-profit, incubator that has served the needs of Edmonton area entrepreneurs for almost twenty years. As a mixed use incubator, NABI's focus is not limited to any specific sector, and the range of businesses that hold tenancy within the building is quite diverse.
in 1989, aptly named the St. Albert Business Development Centre. With a focus on expanding the local economy, the incubator focused on providing local entrepreneurs with a starting point to help establish their business. After operating for many years as the St. Albert Business Development Centre, the incubator switched the name to the Northern Alberta Business Incubator, or NABI. Since 1989, the incubator has contributed significantly to the local economy, allowing for over $100 million in economic development, with their current tenants generating $11 million in annual sales. In 2002, NABI was awarded with the Business Incubator
of the year award by the National Business Incubation Association in recognition of the impact that NABI has had on the local economy.

History
The incubator was launched by the city of St. Albert, AlbertaSt. Albert, Alberta
St. Albert is a suburban city in Alberta, located northwest of Edmonton, on the Sturgeon River. It was originally settled as a Métis community, and is now the second largest city in the Edmonton area. St...
in 1989, aptly named the St. Albert Business Development Centre. With a focus on expanding the local economy, the incubator focused on providing local entrepreneurs with a starting point to help establish their business. After operating for many years as the St. Albert Business Development Centre, the incubator switched the name to the Northern Alberta Business Incubator, or NABI. Since 1989, the incubator has contributed significantly to the local economy, allowing for over $100 million in economic development, with their current tenants generating $11 million in annual sales. In 2002, NABI was awarded with the Business Incubator
Business incubator
Business incubators are programs designed to accelerate the successful development of entrepreneurial companies through an array of business support resources and services, developed and orchestrated by incubator management and offered both in the incubator and through its network of contacts...
of the year award by the National Business Incubation Association in recognition of the impact that NABI has had on the local economy.