Home topics news Petra Andrén (2nd from left) with members of her Cicada Innovations team News Startup News “An innovator amongst incubators”: Cicada Innovations named world’s top incubator James Harkness April 24, 2018 Sydney deep tech incubator, Cicada Innovations, has been named ‘Top Incubator in the World’ by global peak industry association for entrepreneurship programs, the International Business Innovation Association (InBIA). [Related: Now that more capital is available to deep tech startups, they need better access to makerspace: Cicada Innovations’ CEO ] Finalists were selected from over 2,200 InBIA member incubators, accelerators, and entrepreneurship centres from across the globe, with Cicada Innovations being the only Australian in the running. Applicants were assessed across economic and social impact-based metrics, including the number of startup entrants and successful exits, jobs created, patents filed, new products and services launched, investment dollars received, value and impact of companies created and depth of collaboration. In addition to being named the Top Incubator in the World at the InBIA Awards held in Dallas, Texas, Cicada innovations was also shortlisted in the categories of “Top Technology Incubator in the World” and “Top Super Incubator in the World” awards. Ahead of the event, the Redfern-based incubator also won InBIA’s “February 2018 Technology Incubator of the Month”. According to Petra Andrén, CEO of Cicada Innovations, the incubator snared the top gong at the InBIA awards by proving a focus on the industries of the future, including taking an innovative, holistic, long-term, and program-driven approach to supporting and growing startups.