ASTech Community Builder, NABI (Northern Alberta Business Incubator), was established by the City of St. Albert in 1989 and, like the ASTech Awards, is marking 35 years of innovation! It provides vital support, education, and mentorship to early-stage businesses, fostering their launch, growth, and long-term success.
Notably, NABI has nurtured two past ASTech winners: Wilson Analytical Services Inc. and Sarcomere Dynamics.
Having played a pivotal role in fostering entrepreneurship and innovation, NABI has graduated over 650 member businesses and assisted more than 3,000 entrepreneurs, with 80% of its alumni companies sustaining operations for over 5 years. This success has injected over $500 million into the local economy.
Currently supporting 90 active member companies, NABI aims for further expansion to nurture more budding entrepreneurs. Through its programs and services, early-stage businesses can thrive in an environment conducive to growth and innovation.