Program areas at KU Innovation Park
In 2022, the Bioscience and Technology Business Center (btbc) was able to accomplish its stated goals in multiple areas including opening of its newest building, the 66,000 square foot building phase iii development opened in august of 2022. The Park continued its mission to create, recruit, grow, and retain additional high potential companies to the Park including its new phase iii building. It will generate space for an additional 12-18 companies with 200-250 jobs. The organization strives to serve as the lead Business and economic development contact for life sciences and Technology companies interested in doing Business in the lawrence and douglas county region. The Park seeks to serve the needs of life sciences and Technology companies by providing 1) specialized laboratory and office space on the university of Kansas west campus, 2) Business development services, 3) collaborative research projects with the university of Kansas, 4) recruitment and relocation assistance, 5) access to capital, and 6) access to the vast btbc network of resources.
Who funds KU Innovation Park
Grants from foundations and other nonprofits
Financials for KU Innovation Park
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $3,841,220 | $11,670,231 | -67.1% |
| Program services | $2,646,787 | $2,154,080 | 22.9% |
| Investment income and dividends | $100,780 | $1,187 | 8390.3% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $-5,593 | $26,100 | -121.4% |
| Total revenues | $6,583,194 | $13,851,598 | -52.5% |
Organizations like KU Innovation Park
| Organization | Type | Location | Revenue |
|---|
| South Bend Elkhart Regional Partnership | 501(c)(6) | South Bend, IN | $3,003,917 |
| North Texas Commission | 501(c)(6) | DFW Airport, TX | $5,020,874 |
| Centerstate Corporation for Economic Opportunity | 501(c)(6) | Syracuse, NY | $16,514,261 |
| Pocono Mountains Industries | 501(c)(6) | Stroudsburg, PA | $2,104,273 |
| Central Vermont Economic Development Corporation | 501(c)(6) | Montpelier, VT | $1,763,428 |
| Madison Region Economic Partnership | 501(c)(6) | Madison, WI | $3,733,917 |
| Los Alamos Economic Development Corporation | 501(c)(6) | Los Alamos, NM | $3,814,212 |
| Somerset Pulaski County Economic Development Authority (SPEDA) | 501(c)(6) | Somerset, KY | $2,189,130 |
| Clallam County Ecomomic Development CNCL | 501(c)(6) | Port Angeles, WA | $2,062,415 |
| Greater Hazleton Community Area New Development Organizationinc | 501(c)(6) | Hazleton, PA | $9,191,626 |
Data update history
December 8, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 28, 2024
Used new vendors
Identified 2 new vendors, including , and
November 27, 2024
Updated personnel
Identified 2 new personnel
January 19, 2024
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsHeadquarter / parent organizations
Issues
Community improvementEconomic developmentBusiness and industry
Characteristics
State / local levelReceives government funding
General information
- Address
- 2029 Becker Dr
- Lawrence, KS 66047
- Metro area
- Lawrence, KS
- County
- Douglas County, KS
- Website URL
- kuinnovationpark.com/Â
- Phone
- (785) 832-2110
- Facebook page
- bioscience-technology-business-centerÂ
- Twitter profile
- @btbc_kuÂ
IRS details
- EIN
- 20-5349674
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 2006
- Eligible to receive tax-deductible contributions (Pub 78)
- No
Categorization
- NTEE code, primary
- S30: Economic Development
- NAICS code, primary
- 926110: Economic Development Corporations and Economic Program Organizations
- Parent/child status
- Central organization
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