Bioscience & Technology Business Center Inc

“Douglas county government douglas county government county admin trustee employee city of lawrence city of lawrence city manager trustee employee chamber of commerce chamber of commerce ceo trustee employee”

“Contracts with kaw, inc and lrtc to provide management, property management and client service.”

“Btbc has stakeholder members who maintain the four class a director positions and elect the at large board of director members. The stakeholder members are city, county, university of kansas and chamber of commerce who will receive a portion of the net assets upon dissolution. The board of directors approves major decisions.”

“Class a directors elect class b directors.”

“The return will be reviewed at the next quarterly board meeting. If the filing date falls before the quarterly board meeting, copies are provided to all board members to review, and discussion is conducted via conference calls or e-mails.”

“Annually, the board and staff disclose any possible conflicts and in the event of a conflict, btbc personnel are obligated to disclose the situation and recuse themselves from any further consideration of the matter until conflict is resolved.”

“The board reviews and approves officers' compensation.”

“All relevant documents are made available to the public upon request in either paper or digital format.”

“The organization's mission is to create, recruit, grow and retain technology and bioscience businesses in northeast kansas with the ultimate vision to build a more modern, resilient and diverse regional economy.”

“In 2024, the bioscience and technology business center (btbc), doing business as ku innovation park (the park), continued its efforts to create, recruit, grow, and retain technology and bioscience companies in northeast kansas, with the goal of building a more modern, resilient, and diverse regional economy. In march, adam courtney, a longtime employee and chief financial officer, was named ceo after serving as interim ceo for several months. The park secured 22 million in federal funding for its next facility, the phase iv building, which will house the kansas national security innovation center, among other entities. The park expanded its staff by hiring chris rehkamp as the director of business services, providing an immediate boost to support for startup and established companies within its facilities and beyond. The phase iii facility reached capacity in may, housing 11 companies from various industries, including engineering and architecture, bioscience and animal health, and government agencies. The park launched multiple new programs, including free monthly lunch-and-learns on topics aimed at entrepreneurs, a capital raise boot camp, and laid the groundwork for an accelerator program scheduled for january 2025 to help university researchers bring discoveries to market. Throughout 2024, the park added four companies, bringing its total to 74, which created 70 jobs and added over 700,000 to the annual payroll, totaling 750 jobs and a 49.7 million annual payroll across the park system. Thanks to a grant from the kansas department of commerce, the park created a new capital option, the oread angel investors network. In its first pitch event, network members invested over 500,000 in startups affiliated with the university of kansas or the park. Overall, the park continues to serve the needs of bioscience and technology companies by providing: 1) specialized lab and office space on the west campus of the university of kansas, 2) business development services, 3) access to the university in a variety of ways, including collaborative research, lab access and a talent pipeline, 4) recruitment and relocation assistance, 5) access to capital through the angel network, various venture capital parnters, and through education and support for grant applications, and 6) access to the vast network of resources the park has created through collaboration and partnership.”

“In september 2023, e. Laverne epp, ku innovation park's long-time leader and executive chair, passed away. Mr. Epp was a visionary leader with a natural talent for bringing people together. He never lost sight of the value of partnerships. An incredible listener and mentor, he was dedicated to ku innovation park's mission and vision, working tirelessly to ensure its success. Mr. Epp's career began in 1976 when he joined a private law practice in newton, kan. Ten years later, he co-founded a development and management company for senior living. Its flagship community, brandon woods, brought mr. Epp to lawrence. In 2001, he was named president of bethel college, his alma mater. His involvement with ku innovation park began in 2006, when he was asked to serve on the lawrence-douglas county bioscience authority board. Upon mr. Epp's passing, the ku innovation park board of directors named adam courtney, the park's chief financial officer, as interim chief executive officer. Mr. Courtney began working at the park in january 2014 as its vice president of finance. During his time at the park, courtney led the financing efforts for the phase iii building, completed in 2022, includes securing funding from the u.s. Economic development agency and the state of kansas. As chief financial officer, he managed the park's financial and accounting duties, and capital structure and partners. He also works collaboratively with park tenant companies in various startup activities, including scaling business operations, writing business and strategic plans, making collaborative connections and raising capital. Mr. Courtney was named ceo in march 2024.”

“The organization was in the process of completing the required audit at the time of preparation of the 990.”