Cybergroup Sponsors 23rd International Conference on Business Incubation

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Cybergroup is showing its support for entrepreneurial firms by sponsoring the National Business Incubation Association's (NBIA's) 23rd International Conference on Business Incubation April 19-22 in Kansas City, Mo.

Cybergroup is showing its support for entrepreneurial firms by sponsoring the National Business Incubation Association's (NBIA's) 23rd International Conference on Business Incubation April 19-22 in Kansas City, Mo.    

Business incubation programs facilitate the process of starting and growing companies by providing entrepreneurs with the expertise, networks and tools they need to make their ventures successful. NBIA estimates that in 2005 alone, North American incubators assisted more than 27,000 start-up companies that provided full-time employment for more than 100,000 workers and generated annual revenue of more than $17 billion. Approximately 5,000 business incubators operate worldwide.

"The business incubation industry represents an important segment of clients for Cybergroup, and therefore we have been a proud partner and sponsor of NBIA's for many years," said Greg Bean, Cybergroup CEO. "Our collaboration with NBIA on the 23rd International Conference on Business Incubation further strengthens Cybergroup's ability to develop products like incuTrack that address the specific needs of small businesses and the people who support them."

Developed specifically for business incubators by an incubated company, incuTrack (http://www.incutrack.com) offers solution-driven software to manage administrative and facility management challenges. The software allows facility managers to focus on a company's progress and success without the administrative headaches often associated with a facility's record keeping and reporting.

incuTrack offers a simple-to-use Web interface that tracks the administrative information necessary to measure the success of program participants and the incubator or technology center program. This information includes a company's lease, insurance, investments, business reviews, milestones and more.

The system not only tracks important information, but also displays it in a series of highly informative reports. For information a facility needs on an ad-hoc basis, incuTrack provides a unique report-writing capability.

"Our conference sponsors have recognized the key role that entrepreneurial companies play in American business and the nation's competitiveness," said Dinah Adkins, NBIA president and CEO. "We appreciate their help in spreading the word about the business incubation industry."

NBIA's conference brings together leading business incubation professionals, economic development officials, public policy makers, university administrators and business assistance experts from around the world to share the industry's best practices.

The four-day event at The Westin Crown Center in Kansas City will include nearly 60 workshops and roundtable discussions, exhibits and tours of area incubators. The theme of NBIA's 23rd International Conference is "Building on Best Practices."

The National Business Incubation Association is the world's leading organization advancing business incubation and entrepreneurship. For more information about the 23rd International Conference on Business Incubation or NBIA, visit http://www.nbia.org.

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