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Business Accreditation

GInI's Businesses Accreditation Program awards seven different accreditations to business organizations. Four of these involve a comprehensive assessment process conducted by GInI Authorized Innovation Assessors (AInAs). The other three involve an application process, one of which is to be attested by a GInI Authorized Innovation Assessor (AInA)®. These seven accreditations are:

Accredited Accelerator Program (AAP)®


Accreditation of an Accelerator Program by GInI assures all affected stakeholders that this Program has been thoroughly assessed, and that its design and operation therefore conform to GInI’s strict accreditation standards. No other organization prescribes this same level of accreditation standard for Accelerator Programs as does GInI. Accreditation by GInI is therefore the global standard of accreditation for Accelerator Programs.

The world as we know it is changing at an unprecedented pace. As we enter into the Fourth Industrial Revolution, countless new world-changing technologies are being developed and put to use for a wide range of new purposes. In many cases this is changing not only the products and services we consume, but also how our societies operate. For businesses, this opens up a whole new world of opportunity, not only for new offerings, but also for completely new business models that never existed before. And so the time is ripe for new entrepreneurial ventures to rise up – ventures prepared to deliver these fresh new business models and value propositions that stand to move us from the world of yesterday and today into the world of tomorrow. But in order for this to happen, the world needs resources capable of accelerating these nascent young ventures rapidly forward. We need Business Accelerators capable of giving these ventures the knowledge, resources, and leads they need to start life on solid ground and move quickly.

Yet how does one ensure that a given Business Accelerator has the capabilities, resources, and connections needed to get these new ventures up and running in a lean, agile, and effective manner? What indicators are there that a particular Accelerator has what it takes to succeed in getting new business ventures launched, operational, and on their way to scale? For this, a credible and reliable accreditation standard is required.

Yet how does one ensure that a given Business Incubator has the necessary resources and capabilities it needs to get these new ventures off the ground in a robust and effective manner? What indicators are there that a particular Incubator has what it takes to succeed in getting new business ventures launched, operational, and eventually profitable? For this, a credible and reliable accreditation standard is required.

The GInI Accelerator Program Accreditation is such a credible and reliable accreditation standard – a means by which leaders over the world can develop confidence in the design, operation, and capabilities of their Accelerators. The GInI Accelerator Program Accreditation stands alone as the only such standard in the world, setting the benchmark against which all world-class Accelerators are to be measured. GInI awards three levels of accreditation for Accelerator Programs. Each of these represents an increasing level of impact the Accelerator Program produces for its cohorts, and an increasing level of financial return it delivers to its operating organization. These three levels are:

1) Basic.

2) Advanced.

3) Premium.

What Organizations Should Apply?

 

Any organization operating a dedicated Accelerator Program, whether private, corporate, university, or otherwise.

 

Compliance Demonstration

Compliance to these requirements is established through an independent third-party assessment carried out by GInI’s Authorized Innovation Assessors (AInAs) working under the direction of a GInI Authorized Training & Assessment Provider (ATAP). This assessment is conducted live on site at the Business Incubator using GInI’s Business Incubator Accreditation Assessment Tool (BIncAAT), after which the Assessors submit a summary report (the Business Incubator Accreditation Assessment Report, or BIncAAR) to GInI for final determination of accreditation status.

The Assessment Process
 

Organizations wishing to secure accreditation of their Business Incubator would take the following steps to have the on-site assessment conducted.

The bi-annual maintenance fee to maintain GInI Accelerator Program Accreditation is 3,500 USD to be paid every two years upon re-assessment.

Confidence that the design, operation, and capabilities of their Accelerator are fully optimized. Affirmation of the operating organization’s ongoing commitment to entrepreneurship and the regional impact this offers. Peer recognition for achievement to a globally-recognized benchmark standard.

The initial fee for the GInI Accelerator Program Accreditation is 3,500 USD.