GBI is a CA non-profit corporation established in 1991 in partnership with Loyola Marymount University’s College of Business Administration. GBI is a Strategic Thinkubator (Think and do Tank) Organization and IC2 Global Fellow at the University of Texas at Austin.
The mission of Global Business Incubation, Inc. (“GBI”) is to promote the development and growth of urban enterprises through business incubation and cooperative strategies.
GBI serves as a facilitator of diverse projects. These include teaching factories, business incubators, neighborhood cooperatives, job training programs, youth training and entrepreneurial programs, and technology innovation. Collectively, these provide a synergistic approach to reviving the urban small business community.
For over 20 years, GBI founders have researched the most successful models of institution building, infrastructures, business incubators, cooperatives, teaching and testing factories and research consortia that create wealth. They have interviewed wealth creators such as Walt Disney of Disney and Ray Croc of MacDonalds and served as business consultants to World Bank, Amway, Encylopedia Brittanica, Major League Baseball and other entities.
GBI is currently focused on developing a manufacturing consortium and technical institute that will provide resources, training and employment to incubate 10 collective clusters of 200 passionate Veteran Entrepreneurs and Small Business Owners. GBI has established partnerships with Loyola Marymount University College of Business and Administration, Los Angeles Trade Technical College Architecture and Environmental Design, Cal. State Long Beach Student Life and Development, and a host of government organizations, nonprofits and Veteran-led companies.
To gather support to launch this model GBI is hosting the Emerald Veterans Business Summit, held on November 20th and 21st. The summit is gathering hundreds of military Veterans and establishing a network of partnerships through the compelling keynote speakers, corporate-led breakout sessions and dynamic military panel composed of billion-dollar military enterprises.
GBI’s past accomplishments include
➤ In the late 90s GBI partnered with to create a multimedia, entertainment, technology business incubator. Located in the Historic Core of Downtown LA, This project started with a 10% occupancy rate. Within 2 years, GBI’s Incubator was working with 50 new media companies that attracted $ millions in venture capital and occupied 100% of the building, creating hundreds of new jobs, revitalizing Downtown, and earning GBI Founders the Official White House Millennium Council Award in recognition of GBI as a model of the White House designed program, Honor the Past- Imagine the Future.
➤ In 2000, GBI was chosen to host 200 of the World Press reporters for the Democratic Convention to showcase their Incubator and the companies.
➤ GBI served as State Advocate for a collaborative of over 200 major corporations, including Ford and General Motors that exemplified the concept of “cooperating to compete.” GBI later lead a group of Los Angeles manufacturing and community organizations, corporations, politicians, colleges, universities and others to undertake a comprehensive program to deploy an Advanced Manufacturing Science and Technology Center. This organization has created revenues of over 1.9 billion for its members over the past ten years.
➤ GBI partnered with the Port of Los Angeles to create a series of interactive workshops focused on Small and Mid-sized Companies partnering with and doing Business successfully with China. These workshops brought together Chinese buyers from China, U.S. Bankers, Export Officials, and other partners crucial for trading successfully with China to over 400 small and mid-sized companies from southern California.
➤ GBI in strategic alliance with the Lou Myers Scenario Motion Picture Institute/Theatre partnered with Paramount Studios and other successful companies to create a demonstration model that trained close to 100 inner city youth in business incubation and social entrepreneurship to successfully launch a Hollywood block-buster Movie Premier. It was the most successful premier for that movie in greater San Diego.