Asia-Pacific Incubation Forum & UBI Awards
TAIPEI, TAIWAN – On October 23, 2015, UBI Global and the Chinese Business Incubation Association (CBIA) co-hosted a benchmarking conference & award ceremony for the 2015 top performing university business incubators in the Asia-Pacific region. The event was held in Michelangelo Hall at the GIS NTU Convention Center, Taipei, Taiwan.
The event highlighted best practices, hands-on-tools, analyses, success stories, and featured inspiring presentations that allowed those who attended to network, learn from each other and improve performance in order to enhance economic transformation and local, regional and national development.
It has been a very productive year for Asia-Pacific incubators, the fourth largest region UBI Global benchmarks in terms of sample size.
Asia-Pacific’s business incubators have attracted a total of $368m in investment, meaning each of the 32 incubators has received an average of nearly $11m each in investment. With regard to deal flow Asia-Pacific as a whole attracts 2.3k applications per year, equating to an average of 74 applications per incubator. In the last 5 years, Asia-Pacific’s business incubators have created 19,4k jobs (607 jobs per incubator) and over the same time period generated $3,3b in sales, equating to an average of $105m in sales per incubator.
Top University Business Incubator
A Top University Business Incubator is an incubator managed or formal affiliated with a university, that provide better value for the ecosystem and their startup clients than their regional or global peers. They stand out from average-performing incubators with better outcomes on economy enhancement, access to funds and post incubation performance indicators.
Top University Business Accelerator
A Top University Business Accelerator is an accelerator managed or formal affiliated with a university, that provide better value for the ecosystem and their startup clients than their regional or global peers. They stand out from average-performing accelerators with better outcomes on economy enhancement, access to funds and post acceleration performance indicators.
During the event, UBI Global has announced and awarded three Top University Business Incubators and three Top University Business Accelerators in Asia-Pacific region. These awardees are also shortlisted for the UBI Global’s World Rankings in London, United Kingdom on November 25, 2015.
Three Top University Business Incubators in Asia-Pacific 2015 are:
- #1. Innovation Incubation Center Chaoyang University of Technology – Chaoyang University of Technology; Taiwan
- #2. ATP Innovations – University of Sydney, Australian National University, The University of New South Wales, University of Technology Sydney; Australia
- #3. Huazhong University of Science and Technology National Science Park – Huazhong University of Science and Technology; China
Three Top University Business Accelerators in Asia-Pacific 2015 are:
- #1. Center of Industry Accelerator and Patent Strategy – National Chiao Tung University; Taiwan
- #2. Melbourne Accelerator Program – University of Melbourne; Australia
- #3. Chung Yuan Christian University Innovation Accelerator Center – Chung Yuan Christian University; Taiwan
Dhruv Bhatli, Director of Research and Co-founder of UBI Global, shared the reasons why these six incubation programs are nominated:
Innovation Incubation Center Chaoyang University of Technology
“Innovation Incubation Center Chaoyang University of Technology is an outstanding business incubator in the Asia-Pacific region. It makes a strong contribution to the development of the local workforce and the economic growth in the region. Innovation Incubation Center Chaoyang University of Technology provides high-quality services to its client startups. This is evident from a high rate of successful client startups that graduate from Innovation Incubation Center Chaoyang University of Technology. Based on UBI Global’s assessment of Innovation Incubation Center Chaoyang University of Technology’s performance, we recommend it to all future entrepreneurs in the region.”
“ATP Innovations is one of the top performing business incubators in the Asia-Pacific region that contributes positively to the economic development of the region. ATP Innovations provides high quality services to its client startups and focuses on providing excellent financial and network support. Additionally, it contributes greatly to the stimulation of the local workforce development. Based on UBI Global’s assessment of ATP Innovations’ performance, we recommend it to all future entrepreneurs in the region.”
“Huazhong University of Science and Technology National Science Park is a top-performing business incubator in the Asia-Pacific region. It makes significant contribution to the development of the local economy and business incubation ecosystem. Its positive performance is driven by its capacity to produce growth companies. Based on UBI Global’s assessment of Huazhong University of Science and Technology National Science Park’s performance, we recommend it to all future entrepreneurs in the region.”
Center of Industry Accelerator and Patent Strategy
“Center of Industry Accelerator and Patent Strategy is a leading business accelerator in the Asia-Pacific region. Its performance lies in its strong capacity to generate success stories and create positive economic impact for the region. Center of Industry Accelerator and Patent Strategy provides high-quality business services and training to their client startups. Based on UBI Global’s assessment of Center of Industry Accelerator and Patent Strategy’s performance, we recommend it to all future entrepreneurs in the region.
“Melbourne Accelerator Program is a top-performing business accelerator in the Asia-Pacific region. It generates high economic impact for the local ecosystem and successfully supports new business ventures. Melbourne Accelerator Program’s performs exceptionally well in imparting competence development skills and quality incubation services to its client startups. Based on UBI Global’s assessment of Melbourne Accelerator Program’s performance, we recommend it to all future entrepreneurs in the region.”
“Chung Yuan Christian University Innovation Accelerator Center is a leading business accelerator in the Asia-Pacific region that generates positive economic impact for the ecosystem and contributes significantly to the work force development in the region. Chung Yuan Christian University Innovation Accelerator Center’s runs a highly efficient incubation program, which provides high quality services to its client startups. Based on UBI Global’s assessment of Chung Yuan Christian University Innovation Accelerator Center’s performance, we recommend it to all future entrepreneurs in the region.”
An Nguyen-Johansson, Director of Operations, an@ubi-global.com
Source: http://ubi-global.com/asia-pacific-incubation-forum-ubi-awards/