Sen. Cardin and Sen. Van Hollen.
BALTIMORE (WJZ) — Bowie Point out University will acquire $4 million in funding from Congress for its innovation centre and for the development of a new laboratory for hydroponics research.
Sen. Ben Cardin (D-Md.) and Sen. Chris Van Hollen (D-Md.) on Monday touted their ability to safe $3 million for the Bowie Company Innovation Heart (BIC) and $1 million for the university to invest on the Bowie Condition College Laboratory for Hydroponics Investigate.
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Cardin is the chairman of the U.S. Senate Committee on Tiny Organization & Entrepreneurship and Van Hollen is the chairman of the U.S. Senate Appropriations Money Companies and Typical Federal government Subcommittee U.S. Senate Appropriations Money Solutions and Standard Governing administration Subcommittee.
Bowie State University is the oldest Traditionally Black Faculty and College in Maryland.
The senators heard from graduates of Bowie BIC’s 8(a) Accelerator Plan, who educated the senators about their expertise navigating the federal contracting course of action, in accordance to congressional staff.
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“The new $3 million immediate federal funding award to create the Bowie BIC Middle of Excellence for 8(a) Governing administration Contracting at Bowie Point out College is a historic advancement,” Bowie BIC Govt Director Lisa Smith claimed.
The funding will make it possible for for the growth of the 8(a) Accelerator Software by means of the Center of Excellence, she said.
It will become a new resource for HBCUs “by encouraging socially and economically disadvantaged companies” take part in the U.S Compact Organization Administration 8(a) Application.
This will guide them with winning “government contracts that make wealth for contractors and provide work opportunities to their communities,” Smith reported.
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“The COVID-19 pandemic shown that our nation’s HBCUs are beautifully located to support link minorities, ladies, and other underserved business people to the services and sources they will need to do well,” Cardin said in a assertion. “The $3 million in congressionally directed funding will raise the Bowie Company Innovation Center’s capability to enable underserved business owners a lot more than ten-fold.”
