The program, which blends academics with business development, has won the National Business Incubation Association’s seal of approval recommending it to international companies looking to expand to the United States, BU said.
The university said in a press release, "Of the 2,100 US business incubators, BU’s is the fifth to earn the endorsement, one of 12 globally, and the first in the Northeast."
In a statement, BU president Robert A. Brown added: “Given our leadership role in the life sciences, our experience in incubating new businesses, and our international focus, we are especially well-positioned to help foreign companies that are interested in developing emerging technologies in the American market.”
The two-year “Soft Landings International Incubator” designation from the business incubation association recognizes programs especially capable at helping overseas companies enter the domestic market, BU noted.
(By Chris Reidy, Globe staff)