BOWIE –The Bowie Business Innovation Center (BIC) celebrated three years of assisting small businesses in Prince George’s County by inviting residents to an anniversary celebration on June 24. During the ceremony, Mayor G. Frederick Robinson presented BIC Executive Director Lisa Smith and BIC Chairman Adam Santavicca, with a city proclamation acknowledging the organization’s ability to […]
BOWIE –The Bowie Business Innovation Center (BIC) celebrated three years of assisting small businesses in Prince George’s County by inviting residents to an anniversary celebration on June 24.
During the ceremony, Mayor G. Frederick Robinson presented BIC Executive Director Lisa Smith and BIC Chairman Adam Santavicca, with a city proclamation acknowledging the organization’s ability to help evolve small businesses that are in need of economical support, growth, and success.
Prince George’s County council member Todd Turner presented an oversized check of $85,000 to the organization on behalf of the county administration.
The Bowie Business Innovation Center is the newest and fastest growing business incubation program in Prince George’s County. Located at Bowie State University, the center is a public-private partnership which helps accelerate the growth of its clients’ businesses by providing mentoring, business support programs and office/meeting facilities to drive sustainable business and new job growth.
Santavicca said this is the best year the organization has had so far.
BIC has a total of 16 client companies and increased their 2014-2015 client corporate revenues to $2.9 million.
The business center is designed to attract entrepreneurial tenants and affiliates that have an existing business base in and around Bowie. Its target companies are technology and professional service companies (including information technology, financial services and telecommunications- related firms), government contractors, construction-related companies, home-based businesses, and BSU-related companies.
“We were looking to add one more business to our client list and that spot was filled almost immediately. BIC is growing and our sponsors and supporters are excited about the organization’s progress and partnership with other local establishments,” said Santavicca.
At the ceremony, BIC officials also recognized their 2015 Incubator Business of the Year winner—Marcellus Major, founder of Avant-Garde Engineering Technology.
Santavicca said every year the attendance increases and the crowd’s enthusiasm gets better and better.
The event organizers distributed several awards during the “Best of BIC” Award Presentation to clients who have had a successful year. BIC’s most recognized clients received awards such as the Silver Turtle, Silver Motorcycle, Silver Camera and Skull & Crossbones.
At the celebration, Bowie State University President Mickey L. Burnim spoke about how honored he was to have the BIC located right on the university’s campus in the business building, as well as the positive affect it has on the students.
Smith said that a few of the Bowie State University students from various majors were hired to work as interns at the Bowie BIC’s client companies.
“We also arrange classroom visits for students who are taking courses that are related to any of our client’s field of expertise. The students gain an additional mentor and develop business relationships that can possibly open doors to other opportunities,” said Smith.
Robinson’s speech at the celebration was of high regard for the organization. He said the Bowie BIC has become a great resolution for local businesses that are struggling in this economy and informed the crowd as well as the organization that the Bowie city council will continue their efforts to provide any support to the business center.
Santavicca said the organization must report its progress to the city of Bowie council once a year and they will continue to exceed the council’s expectations.
“The $85,000 check from the city council is much appreciated and necessary. The amount of money our clients pay alone cannot keep BIC fully operational. We need public funds and sponsors to continue to keep our innovation center running,” Santavicca said.
BIC offers all type of business related programs such as business law, one on one professional business mentoring, business counseling, business and market research, events highlighting business resources, promotion of your business online and in print, invitations to exclusive business workshops and special events, and monthly business clinics.