Innovacorp has once again been named one of two finalists in the National Business Incubation Association (NBIA) Incubation Program of the Year - 2010 competition.

The award recognizes the world's best methods to help new companies commercialize innovations and overcome hurdles to business growth. Innovacorp is a finalist alongside Emerging Technology Centers in Baltimore, Maryland.

Based in the United States, NBIA represents more than 1900 members across 66 nations. Past winners include business incubation programs from Silicon Valley, California (2008, 2009), and Paris, France (2007).

The winner of this prestigious competition will be announced in May 2010 at NBIA’s annual international conference. Whether a finalist or the ultimate winner, it is important for Innovacorp to benchmark itself against “best in class” business models from across the globe.

Halifax, Nova Scotia, April 8, 2010