SBA Awards $2.2 Million to Morgan’s Entrepreneurial Development and Assistance Center to Establish New Entrepreneurship Outreach Initiatives

Courtesy of Morgan State University Morgan State University’s Entrepreneurial Development and Assistance Center (EDAC) has secured funding to enhance two of its impactful outreach initiatives aimed at advancing the center’s mission. Specifically, the Small Business Administration (SBA) has awarded EDAC $1.5 million to support the Returning Citizens Inspired to Develop Entrepreneurial Ventures (RIDE) Entrepreneurship Center and $700,000 for the Government Certifications Contracting and Matchmaking Solutions Center. Both programs are designed to empower aspiring entrepreneurs by providing essential resources and assistance to help participants effectively navigate the complexities of the business landscape. This funding was made possible through the FY24 Omnibus Spending Bill with the The post SBA Awards $2.2 Million to Morgan’s Entrepreneurial Development and Assistance Center to Establish New Entrepreneurship Outreach Initiatives appeared first on HBCU News.