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SPOTLIGHT

IMMEDIATE RELEASE
May 03, 2013
CONTACT: K.E. Schwab
724.738.2199
karl.schwab@sru.edu

SRU's Golden completes IMC

SLIPPERY ROCK, Pa. -John Golden, instructor in Slippery Rock University's School of Business and managing director of the Sustainable Enterprise Accelerator, has completed the National Business Incubation Association's Incubator Management Certificate Program.

The educational program provides a comprehensive and practical overview of the tasks and responsibilities of managing business incubators, which are programs that accelerate the successful development of start-up and emerging companies by providing entrepreneurs with resources and services. Launched in 2007, the certificate program is designed to enhance managers' skills and to provide them with opportunities to gain ideas for building stronger relationships with key constituents, providing effective client services, ensuring incubator sustainability and more.

NBIA officials say receiving a certificate is a mark of distinction verifying mastery of incubator governance, services and policies. "We thought it would be helpful for NBIA to establish a base of knowledge that every incubator manager should know, regardless of the type of incubator they run," said Tom Strodtbeck, NBIA director of events and international programs. "The certificate program is a way for people to track their progress in gaining that knowledge."

To receive a certificate, incubator managers must complete a total of 24 hours of training that covers a range of topics, including incubator finances, strategic planning, graduation policies and procedures, client selection, and facilities management.

Business incubation programs, such as the Sustainable Enterprise Accelerator at SRU, catalyze the process of starting and growing companies by providing student and community entrepreneurs with the expertise, networks and tools they need to make their ventures successful.

NBIA estimates that in 2011, North American incubators assisted about 49,000 start-up companies that provided full-time employment for nearly 200,000 workers and generated annual revenue of almost $15 billion.

SRU's SEA provides resources and expertise for SRU students, as well as regional entrepreneurs and businesses, for business start-ups and new growth opportunities. It also acts as a strategic partner with University's sustainability initiatives.

The National Business Incubation Association is the world's leading organization advancing business incubation and entrepreneurship. It provides thousands of professionals with information, education, advocacy and networking resources to bring excellence to the process of assisting early-stage companies.

Slippery Rock University is Pennsylvania's premier public residential university. Slippery Rock University provides students with a comprehensive learning experience that intentionally combines academic instruction with enhanced educational and learning opportunities that make a positive difference in their lives.