Article IV – MEMBERSHIP
SECTION 1. MEMBERS.
AABI membership is composed of Association Members, Incubator Members, Supportive
Members and Individual Members.
a) An Association Member is an association that organizes business incubation resources
and facilities in a given economy. In principle, an Association Member shall represent
the economy in which it is based.
b) An Incubator Member is an organization that operates business incubation programs.
c) A Supportive Member is an organization or corporation that approves the AABI’s
objective.
d) An Individual Member is an individual who is neither an association, an incubator
nor a Supportive Member
SECTION 2. MEMBER VOTING RIGHTS.
Association Members and Incubator Members shall have the right to vote on AABI organizational
matters. Supportive Members and Individual Members shall have no right to vote on
AABI organizational matters.
SECTION 3. FOUNDING MEMBERS.
Signatories to the AABI Founding Declaration are Founding Members of AABI.
SECTION 4. QUALIFICATIONS FOR MEMBERSHIP.
Any organization, association, or individual that carries out activities corresponding
with the objective of AABI is eligible to become an AABI member in its relevant
category.
a) Association Member
Upon the approval of all the existing members with the voting right at the Annual
General Assembly, an association that falls into the category a) of Section 1, Article
IV Membership may officially become an Association Member.
b) Incubator Member, Supportive Member, or Individual Member
Upon the approval of one of the AABI Founding Members with the relevant jurisdiction,
or by the Secretariat, an organization or individual that falls into the category
b), c) or d) of Section 1, Article IV Membership may officially become the relevant
member.
When an organization, corporation, or individual from an economy, from which AABI
has no current Association Member, applies for an AABI membership other than an
Association Membership, the applicant’s membership eligibility must be considered
and approved by all the existing members with the voting right at the Annual General
Assembly. Such new AABI member, whether Incubator Member, Supportive Member or Individual
Member, duly approved at the Annual General Assembly, shall serve as the temporary
representative of the corresponding economy
When an appropriate association in the said economy, however, is newly elected Association
Member, the current temporary representative shall be replaced by such Association
Member, which will become the official representative of the said economy.
SECTION 5. MEMBERSHIP BENEFITS.
AABI members are eligible to enjoy the following benefits:
a) Participate in the exclusive AABI network to exchange information with other
AABI members in the fields of regional economic development, business incubation
and technology and science parks.
b) Obtain information and participate in events organized by AABI members.
c) Participate in the Annual General Assembly, as well as AABI Awards.
d) Use the association’s information research, referral, documentation and dissemination
services upon request (subject to availability).
e) Demonstrate credibility with the AABI Member logo, available for display on member
Web sites and printed materials.
f) Apply for AABI Awards and AABI Incubator programs.
Association Members are eligible to enjoy the following exclusive benefits:
a) Vote in AABI elections and run for AABI President or Vice President.
b) Serve on association committees, task forces and awards panels and get an inside
look at the incubation industry.
Membership benefits may be altered or amended at AABI Annual General Meetings
SECTION 6. MEMBERSHIP DUTIES.
All AABI members are required to pay a basic annual membership fee as defined in
Article VI. AABI members are requested to actively participate in and support the
Annual General Assembly and other events organized by AABI.
SECTION 7. TERMINATION OF MEMBERSHIP.
AABI membership may be terminated or revoked if a Member:
a) Fails to comply with any provision of the AABI Bylaws,
b) Is unable to continue participation in AABI for any reason,
c) Fails to pay membership fees,
d) Wishes to withdraw,
In addition, an Association Member may have its membership revoked if it fails to
dispatch a representative or alternative delegate to four consecutive Annual General
Assemblies.
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