In 2023 [and beyond], we will remain relentlessly committed to advancing our Core Mission as well as continuing to incubate ambitious Black-owned businesses.
BPM Black-Owned Business Incubator Our BPM Black-Owned Business Incubator, in conjunction with the significant support of Advantage Global Resources, now has 12 new businesses in various stages of development, including BP Executive Staffing, BPX, OG Culture, Walker Sports Audit, BP College Advisory, BP Alliance, M&L Devine Resources, BP Fundraising, UnBiasIt, SmartGov Data Technologies, Katini Skin, and Cocoa by CeCe - and we are just getting started.
BPM Funding While our current funding and resources for incubating new businesses are limited, the Founding Partners have pledged BPM’s entire profits to our incubator program - making the potential of this program almost limitless. In the meantime, we are particularly appreciative of AGR’s continuing back-end support and financing of our incubated businesses.
In 2022, one of the most noteworthy events of our ongoing business development was the involvement of a first-round investor in Katini Skin. Every step up the ladder of success that one of our incubated businesses takes brings all of BPM along.
BPM is an Incubator, not an Operator In 2023, we will continue to support the full launch of all 12 incubated adventures, however, it is important to remember BPM’s involvement is that of an incubator and not as an operator of businesses.
BPM does not have the resources, nor do we intend to develop the resources to operate any of our incubated businesses. Fortunately, AGR does have the resources to provide ongoing backend support - and that certainly provides a resolute confidence in all our undertakings.