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Esther Vargas Named Chair of InBIA

Site Manager for UCF Business Incubator to lead international organization
 
Orlando, Fla. (October 27, 2020) – The International Business Innovation Association (InBIA), a global nonprofit network of entrepreneurial support organizations, has installed Esther Vargas as its new board chair.
 
The appointment started October 1, 2020 and runs through September 30, 2021.  Vargas has served as a director of InBIA since 2016 and joined the organization in 2007.
 
“I am deeply honored to be elected as InBIA’s new board chair and I look forward to working with our experienced and dedicated board of directors to move InBIA’s mission-driven strategy forward.” Vargas says.  “Our board will work with InBIA’s passionate staff, members, and stakeholders to continue to make a difference for those we serve.”
 
For 30 years, InBIA has served a diverse group of entrepreneurship centers, program managers, directors, and policymakers, helping guide, mentor, and develop sustainable entrepreneur support programs in every industry and demographic around the globe.
 
The organization’s mission is to help communities enable their entrepreneurs to transform their dreams into innovative businesses that make global prosperity a reality.
 
Currently, InBIA has 1,200 members located in 30 countries.
 
“Esther has always been a tremendous asset to our organization and we’re looking forward to seeing her accomplishments over the coming year,” says Charles Ross, CEO, InBIA. “As a past chair myself, this is a rewarding position for people at the top of their profession – like Esther.”
 
Vargas oversees the Kissimmee location of the UCF Business Incubation Program, her second stint with the University of Central Florida. She had served as incubator site manager and assistant director of the Office of Research and Commercialization at the University of Central Florida for eight years. In between her time at UCF, from 2014-2018, she directed the Emerging Ventures Ecosystem at Rensselaer Polytechnic Institute in Troy, N.Y.
 
UCF’s Business Incubation Program was named InBIA Incubator Network of the Year in 2013, and client and graduate companies won InBIA awards in 2014 and 2012.
 
“Esther is an essential member of our team and has been a part of our success over the past 15 years,” says Carol Ann Dykes Logue, Director of Programs and Operations for the UCF Business Incubation Program. “Being a part of the leadership of InBIA certainly showcases the strength of our system and of Esther’s qualifications and dedication to this industry.”
 
 
UCF Business Incubation Program: Carol Ann Dykes Logue, director, Programs & Operations for the University of Central Florida, 407-635-9882, carolann.dykeslogue@ucf.edu  or Alan Byrd, Alan Byrd & Associates, 407-415-8470, Alan@ByrdConnections.com
About the UCF Business Incubation Program:
The University of Central Florida Business Incubation Program is a community resource that provides early-stage companies with the tools, training and infrastructure to become financially stable, high growth/impact enterprises. Since 1999, this award-winning program has provided vital business development resources resulting in over 300 local startup companies reaching their potential faster and graduating into the community where they continue to grow and positively impact the local economy. 
 
With seven facilities throughout the region, the UCF Business Incubation Program is an economic development partnership between the University of Central Florida, the Corridor, Orange, Osceola, Seminole and Volusia Counties, and the cities of Kissimmee, Orlando and Winter Springs. For the 2017/2018 fiscal years, the activities of these participating firms have helped to sustain more than 6,725 local jobs and have had a cumulative impact of over $725 million on regional GDP and over $1.3 billion on regional sales. During the same period, the program has returned more than $12.00 in state and local taxes for every $1.00 invested in the program. In addition, for every $1.00 of public investment the firms also produced $118 of additional regional GDP and $226 of regional sales. For more information, visit  www.incubator.ucf.edu
 
About the International Business Innovation Association (InBIA):
InBIA is a global nonprofit with over 1,200 members that lead entrepreneurship centers in over 30 countries. For over 35 years, InBIA has provided industry best practices through education while enabling collaboration, mentorship, peer-based learning and the sharing of innovative ideas for entrepreneurs across the globe. InBIA is the premier organization for business incubators, accelerators, coworking spaces, and other entrepreneurship centers.
For general press-related questions, please contact Charles Ross at cross@inbia.org.

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