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Building Your Business: Founding Director develops minority entrepreneursh

Two-time Emmy and Three-time NAACP Image Award-winning television Executive Producer Rushion McDonald interviewed Dr. Tiffany Bussey.  She is the founding Director of the Morehouse Innovation & Entrepreneurship Center.  They assist in the development of minority entrepreneurship.  

The Morehouse Innovation & Entrepreneurship Center (MIEC) is a global model for higher education and industry collaborations to foster innovation and entrepreneurial leadership. Established in 2004 as a unit of Morehouse College, the Center has continually operated with an internal and external focus to promote innovation and entrepreneurship with people of color.

Since its inception the Center has secured grants and contracts in excess of $50M and impacted over 2100 students.  Through the Department of Defense Mentor-Protégé Program we partnered with over 17 large mentoring corporations and assisted over 100 technology protégé growth companies nationwide. Our efforts of providing developmental assistance to these protege companies resulted in an increase in $20M in revenue and created over 150 new technology jobs.

● MIEC will unveil the findings from the “Building Black Business Report 2024” at 9 a.m. at

the Shirley A. Massey Executive Conference Center at Morehouse College.

● The Building Black Business Report 2024 summarizes an 18-month community research

initiative involving Atlanta-based Black business-serving organizations.

● MIEC is hosting a 20th Legacy Impact Luncheon Celebration, highlighting the significant

impact of transforming Black entrepreneurship and bold plans for the future.

● Since 2004, MIEC has developed lifechanging opportunities for more than 400 small

businesses resulting in more than $255 million in revenue growth and $35 million in

capital access.

NEW INITIATIVES

● Boost Your Business is an exclusive online event for alum network members .The members will learn about resources to support

revenue growth for their small businesses, including:

○ Structuring the Capabilities Statement

○ Certification preparation and filing

○ Social media account setup and optimization

○ General account support

○ Financial modeling and forecasting

○ Proposal writing assistance

○ E-commerce setup and support

● Construction Cohort is a six-month Small Business Executive Program initiative that provides strategies for Georgia-based Black-owned businesses with an annual revenue of $650,000 or more to successfully do business with prime contractors. 

○ Program Benefits

■ Bi-weekly executive development sessions

■ In-person and online meetings

■ Individualized coaching

■ Capital readiness

■ Contract readiness

● Retail Cohort: MIEC is recruiting 20 small businesses to focus on the retail industry,

including consumer packaged goods, clothing, and merchandising

#STRAW

#BEST

#SHMS

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