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Historically black colleges, universities form alliance with SBA

AROUND MISSISSIPPI — The U.S. Small Business Administration Regional Administrator Cassius Butts recently signed strategic alliance memorandums (SAMs) with Alcorn State University, Mississippi Valley State University and Rust College. Dr. M. Christopher Brown II, Alcorn State University president, Dr. Alfred Rankins Jr., acting president of Mississippi Valley State University, and Dr. David L. Beckley, president of Rust College, each signed the agreement on behalf of their respective institutions.

Butts said, “Of the 105 historically black colleges and universities (HBCUs) in this country, 59 are located in SBA Region IV (comprised of Kentucky, Tennessee, North Carolina, South Carolina, Georgia, Alabama, Mississippi and Florida). I’ve always believed that these institutions and their faculty serve as the foundation for strong and thriving communities. This partnership will foster entrepreneurship amongst the young population, especially in minority communities.”

Janita R. Stewart, SBA district director in Mississippi, added, “This new initiative with HBCUs will expand on that connection by providing further opportunities for SBA, Alcorn, Valley and Rust to collaborate by ensuring that students get vital information on starting a business and the surrounding communities at large, may also benefit from these relationships.”

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