Morgan State University’s Entrepreneurial Development and Assistance Center Receives $75,000 Grant to Support Entrepreneurs and the Self-Employed

SP
Sandra Phoenix
Wed, Sep 4, 2019 1:14 PM

Morgan State University News
August 30, 2019
Morgan State University’s Entrepreneurial Development and Assistance Center Receives $75,000 Grant to Support Entrepreneurs and the Self-Employed
Development and Assistance Center ( EDAChttps://www.edacmorgan.com/ ) received a 2019 Lighting the Way Award from the  SunTrust Foundationhttps://www.suntrust.com/about-suntrust/community-commitment/philanthropy/suntrust-foundation  along with a $75,000 grant. EDAC will use the grant to create resources for individuals participating in the gig economy and entrepreneurs.
The SunTrust Foundation’s Lighting the Way Awards recognize select nonprofit organizations that work to build self-sufficient families and more financially confident communities through financial education, financial counseling, career readiness/workforce development and small business/entrepreneurship.
“The SunTrust Foundation is proud to recognize and support our local nonprofit partners that empower and strengthen the communities they serve,” said Stan Little, president of the SunTrust Foundation. “EDAC is making a meaningful impact with their programs to improve the financial well-being of the people who need it most.”
EDAC is one of 36 nonprofits across the Southeast and Midwest presented with a 2019 Lighting the Way Award from the SunTrust Foundation, which gave a total of $2.7 million in grants to these nonprofits. Housed within the University’s Earl G. Graves School of Business and Management, the EDAC strives to connect budding and existing entrepreneurs to resources for venture management and growth. It is supported through a grant from the United States Department of Education, Title III Program.
“We are honored to be one of 36 organizations and two from Baltimore to receive this award,” said Omar S. Muhammad, director of the EDAC. “The work that we do to enrich budding and existing entrepreneurs in and around Morgan State University will benefit greatly from this recognition.”

SANDRA M. PHOENIX
HBCU Library Alliance Executive Director
Atlanta University Center Robert W. Woodruff Library
111 James P. Brawley Drive SW
Atlanta GA 30314
404-978-2118 (office)
404-702-5854 (cell)
http://www.hbculibraries.orghttp://www.hbculibraries.org/
sphoenix@hbculibraries.orgmailto:sphoenix@hbculibraries.org
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Morgan State University News August 30, 2019 Morgan State University’s Entrepreneurial Development and Assistance Center Receives $75,000 Grant to Support Entrepreneurs and the Self-Employed Development and Assistance Center ( EDAC<https://www.edacmorgan.com/> ) received a 2019 Lighting the Way Award from the SunTrust Foundation<https://www.suntrust.com/about-suntrust/community-commitment/philanthropy/suntrust-foundation> along with a $75,000 grant. EDAC will use the grant to create resources for individuals participating in the gig economy and entrepreneurs. The SunTrust Foundation’s Lighting the Way Awards recognize select nonprofit organizations that work to build self-sufficient families and more financially confident communities through financial education, financial counseling, career readiness/workforce development and small business/entrepreneurship. “The SunTrust Foundation is proud to recognize and support our local nonprofit partners that empower and strengthen the communities they serve,” said Stan Little, president of the SunTrust Foundation. “EDAC is making a meaningful impact with their programs to improve the financial well-being of the people who need it most.” EDAC is one of 36 nonprofits across the Southeast and Midwest presented with a 2019 Lighting the Way Award from the SunTrust Foundation, which gave a total of $2.7 million in grants to these nonprofits. Housed within the University’s Earl G. Graves School of Business and Management, the EDAC strives to connect budding and existing entrepreneurs to resources for venture management and growth. It is supported through a grant from the United States Department of Education, Title III Program. “We are honored to be one of 36 organizations and two from Baltimore to receive this award,” said Omar S. Muhammad, director of the EDAC. “The work that we do to enrich budding and existing entrepreneurs in and around Morgan State University will benefit greatly from this recognition.” SANDRA M. PHOENIX HBCU Library Alliance Executive Director Atlanta University Center Robert W. Woodruff Library 111 James P. Brawley Drive SW Atlanta GA 30314 404-978-2118 (office) 404-702-5854 (cell) http://www.hbculibraries.org<http://www.hbculibraries.org/> sphoenix@hbculibraries.org<mailto:sphoenix@hbculibraries.org> Honor the ancestors, honor the children and those yet to come. Follow us on Facebook at https://www.facebook.com/hbculibraryalliance1/ and Twitter at https://twitter.com/HBCULibAlliance Check out "PULSE!" The HBCU Library Alliance's News Source! - https://hbculibraryalliance.wordpress.com/