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A federal investment will help the Northern Alberta Business Incubator (NABI) expand its facility and services offered to small and medium sized businesses in Northern Alberta.
John Williams, Member of Parliament for Edmonton–St. Albert, on behalf the Honourable Rona Ambrose, President of the Queen’s Privy Council for Canada, Minister of Intergovernmental Affairs and Minister of Western Economic Diversification, announced federal funding of $1 million towards the facility today.
This investment will enable the Northern Alberta Business Incubator to further support and expand northern Alberta business development and entrepreneurship,” said MP Williams. “
By helping this business incubator to expand its capacity and services, the Government of Canada is advancing the entrepreneurial environment and working to promote a competitive and expanded business sector in Northern Alberta.”
The Northern Alberta Business Incubator Society will purchase an existing building to expand its current incubation capacity in St. Albert. This new facility will increase NABI’s incubation capacity from 16,000 square feet to approximately 40,000 square feet. This new facility will be retrofitted to provide small commercial offices, light industrial spaces, administrative offices and common meeting rooms. These spaces will be rented to a variety of small businesses interested in growing their operations with the coaching and training support provided by NABI.
For a number of years, NABI has been wrestling with the challenge of a new location,” says Dave Rodwell, Chair of the NABI Board. “
It was evident, that if the organization was to grow and maintain sustainability, that we would need expanded facilities. That challenge has now been met with the purchase of our new building at 200 Carnegie Drive in St. Albert. NABI will be retaining our existing 13 Mission Avenue site, which together with our new building, will give us the space that is required to be viable and grow.”
NABI, a not-for-profit organization, has provided business support in St. Albert for 19 years. NABI offers a range of services, among them entrepreneurship-training programs, business coaching, office space, meeting room rentals and office technology services to a variety of early stage, non-industry specific companies.
Western Economic Diversification Canada is a department of the Government of Canada that works in partnership with various provinces, industry associations and communities to encourage diversification of the western economy, as well as to represent the interests of the West in national decision-making.
For additional information contact:
Manager, Communication, Consultation and Marketing
Western Economic Diversification Canada
Telephone: (780) 495-6892
Cell: (780) 991-7432
Northern Alberta Business Incubator (NABI)
Office: (780) 460-1000
WD Toll-Free Number:1-888-338-WEST (9378)
Teletypewriter (TTY): 1-877-303-3388
WD Website: www.wd-deo.gc.ca.
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Western Economic Diversification Canada (WD)
Northern Alberta Business Incubator