2024-11-20T09:43:52-08:00 2023-12-31 521196225 F S TAYLOR & ASSOCIATES P C 1420 N STREET NW SUITE 100 WASHINGTON DC 20005 990 2023-01-01 271352516 BOWIE BUSINESS INNOVATION CENTER INC BOWI 3013831550 14000 JERICHO PARK RD BOWIE MD 20715 JUNE EVANS EXECUTIVE DIRECTOR 3013831550 2024-11-14 true true Terry W Tyler P02385825 2028980008 2024-11-20 2023 2024-10-15 13:58:12Z JUNE EVANS 1400 JERICHO PARK RD BOWIE MD 20715 473017 false X WWW.BOWIEBIC.COM X 2009 MD A KEY EDUCATIONAL RESOURCE AND DRIVER OF ENTREPRENEURSHIP IN BOWIE AND PRINCE GEORGES COUNTY. 9 9 7 1 0 0 3253000 330711 16650 115756 81 0 12750 26550 3282481 473017 0 0 88407 242634 0 0 71039 262167 159446 504801 3123035 -31784 3400164 3282820 17971 10576 3382193 3272244 X ACCELERATE COMPANY GROWTH, INNOVATION AND JOB GENERATION IN THE CITY OF BOWIE AND PRINCE GEORGES COUNTY THROUGH A COORDINATED PROGRAM OF BUSINESS COUNSELING, MENTORING AND NETWORKING TO DRIVE BUSINESS SCALE-UP, ALONG WITH ACCESS TO FACILITIES AND MEETING SPACE. false false 465417 0 473017 THE BOWIE BUSINESS INNOVATION CENTER (BOWIE BIC) IS A BUSINESS ACCELERATOR PROGRAM WHERE TECHNOLOGY COMPANIES AND GOVERNMENT CONTRACTORS IN THE CITY OF BOWIE AND PRINCE GEORGES COUNTY ACCESS MENTORING, TECHNICAL ASSISTANCE, COUNSELING AND CONNECTIONS TO PARTNERSS AND CAPITAL TO ACCELERATE THEIR BUSINESS GROWTH. HEADQUARTERED AT THE CENTER FOR BUSINESS AT BOWIE STATE UNIVERSITY, BOWIE BIC IS THE ONLY BUSINESS ACCELERATOR IN MARYLAND LOCATED AT A HISTORICALLY BLACK COLLEGE (HBCU) IN 2023, BOWIE BICS 107 ACCELERATOR PROGRAM CLIENTS AND GRADUATES REPORT GENERATING JOBS, XXXXX MILLION IN REVENUES, AND SUPPORTING XXX INTERNSHIPS FOR BOWIE STATE UNIVERSITY STUDENTS. WE ALSO ASSISTED COUNTY ENTREPRENEURS, WHO PARTICIPATED IN ON-SITE TRAINING AND COUNSELING PROGRAMS, IN 2021, CENTER OF EXCELLENCE FOR 8(A) WAS ESTABLISHED THROUGH A PARTNERSHIP BETWEEN BSU AND BOWIE BIC. THE CENTER WILL EXPAND THE BOWIE BIC 8(A) ACCELERATOR PROGRAM MODEL THROUGH AMERICAS HBCU NETWORK. THE CENTER WILL PROVIDE PROCUREMENT CAPTURE STRATEGY TRAINING, 8(A) MENTORSHIP PROGRAMS, ACCESS TO LEGAL EXPERTISE IN GOVERNMENT CONTRACTING, AND NEW OPPORTUNITIES FOR STUDENT INTERNSHIPS AND FACULTY RESEARCHERS. THE CENTER WILL BE A RESOURCE AND CLEARINGHOUSE FOR BEST PRACTICES IN 8(A) GOVENMENT CONTRACTING AND UTILIZE THE DATA ANALLYTICS CAPABILITIES AT BSU. IT WILL BUILD CAPACITY AT HBCUS BY CREATING A NEW, INNOVATIVE INFRASTRUCTURE OF SUCCESFUL, DIVERSE, AND INCLUSIVE GOVERNMENT CONTRACTING ACTIVITY THAT WILL ATTRACT PRIVATE SECTOR CAPITAL TO THE HBCUS. 465417 true false false false false false false false false false true false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 7 true false false false false false false false false false false X 9 9 false false false false false false false true true false false true true true true true true true false false X CRYSTAL CLARK 3013831550 14000 JERICHO PARK RD BOWIE MD 20715 JUNE EVANS EXECUTIVE DIRECTOR 40.00 X 95198 0 0 JESSE BUGGS CHAIR 1.00 X X 0 0 0 WENDY L JENKINS VICE CHAIR 1.00 X X 0 0 0 INDIA BASCOMBE TREASURER 1.00 X X 0 0 0 CHARLENE T WADE SECRETARY 1.00 X X 0 0 0 ISAIAS ALBA BOARD MEMBER 1.00 X 0 0 0 MAGDALENA GEBREKRIST BOARD MEMBER 1.00 X 0 0 0 ROBERT DURU BOARD MEMBER 1.00 X 0 0 0 MARK A LAWRENCE BOARD MEMBER 1.00 X 0 0 0 EBEN G SMITH BOARD MEMBER 1.00 X 0 0 0 95198 0 0 false false false 330000 711 330711 AFFILIATE CLENT FEES 900099 16800 0 0 OTHER PROGRAM FEES 900099 98956 0 0 115756 26550 26550 26550 26550 473017 142306 0 0 95198 88100 7098 0 112890 104200 8690 0 8911 8200 711 0 25635 24100 1535 0 4500 3750 750 0 13014 12001 1013 0 44349 41150 3199 0 7803 7803 0 0 2747 1580 1167 0 552 552 0 0 CONTRACT SERVICES 151213 151213 0 0 BOOKS AND SUBSCRIPTIONS 3047 0 3047 0 OTHER 4767 4767 0 0 MEMBERSHIP EXPENSES 1775 0 1775 0 28400 18001 10399 0 504801 465417 39384 0 1060031 3012241 337554 268184 2000000 -400 15128 14058 1654 1070 1325 1325 3400164 3282820 10941 10576 7030 0 17971 10576 X 3382193 358950 2913294 3382193 3272244 3400164 3282820 -31784 X true X false true false X 0 282842 346000 441121 3253000 473013 4795976 0 0 282842 346000 441121 3253000 473013 4795976 0 4795976 176 118 153 81 528 0 0 4796504 0.99990 X 0 0 0 0 0 15128 14058 1070 1070 OTHER 0 0 Pt VI, Line 11b THE ENTIRE BOARD WILL RECEIVE A COPY OF THE 990 BEFORE IT IS FILED FOR REVIEW. Pt VI, Line 12c SIGNIFICANT TRANSACTIONS WITH VENDORS AND NEW VENDORS ARE DISCUSSED WITH THE BOARD BY THE EXECUTIVE DIRECTOR AND APPROVED. THIS POLICY APPLIES TO THE EXECUTIVE DIRECTOR, EMPLOYEES AND BOARD MEMBERS, AS APPLICABLE. ANY PERSON WITH A CONFLICT WOULD BE RECUSSED FROM DECISION MAKING RELATED TO THE TRANSACTION. ANY POTENTLIAL CONFLICTS ARE DOCUMENTED IN THE BOARD MINUTES. Pt VI, Line 15a THE EXECUTIVE DIRECTOR IS AN EMPLOYEE. THE BOARD REVIEWS AND APPROVES THE INCREASE EACH YEAR FOR THIS POSITION.