Georgia Institute of Technology Collaborates with Morehouse College and PRENEURology Global to Boost Minority Innovation in Metro Areas

Initiative is part of a federal push to strengthen entrepreneurship, growth, and sustainability for minority business owners across the Southeast.

 

The Georgia Institute of Technology has partnered with Morehouse College and PRENEURology Global to launch the Southeast Minority Business Development Agency (MBDA) Business Growth Hub to serve entrepreneurs and innovators in eight southeastern states.

 

The two-year pilot is funded by a $1.4 million cooperative agreement from the U.S. Department of Commerce MBDA to establish a collaborative support network for minority entrepreneurs in the Hub, which, along with Georgia, includes Alabama, Florida, Kentucky, Mississippi, North Carolina, South Carolina, and Tennessee.

 

The Southeast MBDA Business Growth Hub will be a valuable resource for programs serving minority business enterprises (MBEs). As a pilot effort, it could serve as a model yielding sustainable economic wealth for minority entrepreneurs in other regions of the country. (For more information about the Hub, please visit: businessgrowthhub.gatech.edu.)

 

Led by the Atlanta MBDA Centers at Georgia Tech’s Enterprise Innovation Institute (EI2), the Southeast MBDA Business Growth Hub will operate virtually and in-person as a regional, blended network of entrepreneur spaces, education pathways, and engagement programs. The Hub will also serve as an access point to corporations, financing, and other government programs. This cohesive, blended network will foster MBE participation in ecosystems. It is designed to overcome the limited participation of minorities in local innovation ecosystems while giving them access to a broader regional network of connections, experiences, and expertise in the eight-state region.

 

The Hub will operate as a collective partnership of the Atlanta MBDA Centers, Georgia Tech’s Advanced Technology Development Center (ATDC), the Morehouse Innovation & Entrepreneurship Center (MIEC), and PRENEURology Global.

 

Donna Ennis Headshot

Donna M. Ennis, C.P.F., is EI2’s director of diversity engagement and program development.

“The goal of the Hub is to connect the ecosystems throughout the Southeast in a way that will provide greater access for all MBEs and entrepreneurs regardless of the stage of their business,” said Donna M. Ennis, C.P.F, EI2 director of diversity engagement and program development and the Atlanta MBDA Centers. “We realized while there are highly effective ecosystems throughout the Southeast, minority entrepreneurs often struggle with making viable, long-term connections to enable the acceleration of their products and services to the market.”

 

ATDC, Georgia Tech’s statewide technology incubator, will host the MBDA@ATDC to attract technology startups and innovators with diverse backgrounds to the program. “The Hub is designed to enhance the reach of services available to entrepreneurs of color by connecting nodes or services like ours together in a more dynamic way through broader regional connections,” said John Avery, ATDC director. “This gives us an opportunity to enhance ATDC’s presence in communities of color while bringing our access to resources and expertise.”

 

The Morehouse Innovation & Entrepreneurship Center (MIEC) at Morehouse College will help the Hub identify minority-serving institutions (MSIs) — Historically Black Colleges and Universities (HBCUs) and other institutions of higher education with predominantly Latino or other minority populations — that have programs and resources aimed at fostering entrepreneurship and building wealth for people of color. “We will form a Southeast cluster of MSI innovation and entrepreneurial ecosystems to connect and stimulate the growth of each MSI, said Tiffany Bussey, DBA, executive director of the MIEC. “This partnership will further help us accelerate entrepreneurship among students and faculty at MSIs.”

 

PRENEURology Global will establish the Innovation and Entrepreneurship Pathways for new relationships within and among MBEs, collective workspaces (traditional and non-traditional hubs), state, regional, and local governments, corporate partners, financing resources, and accelerators/incubators. This approach will create an integrated network of resources to help MBEs grow and scale their businesses. “We’re seeing a lot of business activity in these ecosystems but there is lack of connectivity,” said Le’Kiesha French, CEO of PRENEURology Global, “Our goal is to create more efficiency by eliminating barriers of access to opportunities and resources within the Southeast region for Black, Indigenous People of Color (BIPOC) business entrepreneurs so they can experience equitable pathways to starting and growing their businesses.”

 

About the Atlanta MBDA Centers
As part of a national network of over 40 centers and special projects, the Atlanta MBDA Business and Advanced Manufacturing Centers help MBEs access capital, increase profitability, and scale their businesses. Funded by the U.S. Department of Commerce Minority Business Development Agency, the Atlanta MBDA Centers are part of Georgia Tech’s Enterprise Innovation Institute, the nation’s largest and most comprehensive university-based program of business and industry assistance, technology commercialization, and economic development. To learn more, visit mbdabusinesscenter-atlanta.org.

 

About the Advanced Technology Development Center (ATDC)
The Advanced Technology Development Center at Georgia Tech is a startup incubator that helps technology entrepreneurs in Georgia launch and grow successful companies. ATDC is one of the oldest and most successful research university-affiliated incubators in the United States and was named by Forbes as one of the “Top 12 Business Incubators Changing the World.” Founded in 1980, ATDC has fostered innovation and economic development by graduating more than 150 companies, which together have raised over $2 billion in outside financing. To learn more about ATDC, visit atdc.org.

 

About Morehouse Innovation and Entrepreneurship Center (MIEC)
MIEC is a global model for higher education and industry collaborations to foster innovation and entrepreneurial leadership by promoting local and regional economic growth and development with people of color on and off-campus. The Center was established as a unit of Morehouse College in 2004 and has secured grants and contracts worth more than $20 million, impacted over 2,100 students, partnered with more than 17 large mentoring corporations, and assisted over 120 technology growth companies nationwide. The MIEC also serves as the lead institution in the JP Morgan Chase Small Business Forward Ascend Atlanta program, where it has accelerated 80+ minority tech startups over the past three years and helped them raise more than $5.5 million in funding. Visitmcecenter.com for more details.

 

About PRENEURology Global
As a Social Enterprise serving entrepreneurs around the world, PRENEURology Global has worked with organizations, educational institutions, corporations, and government agencies across the globe for more than 15 years, to support emerging innovation and entrepreneurial ecosystems through a human-centered approach. With its team of bilingual professionals (English and Spanish), PRENEURology revolutionizes mindsets within communities at risk by empowering people with tools for innovation and economic growth. For more information, visit preneurology.org.

Donna Ennis Named EI2 Director of Diversity Engagement and Program Development

Donna Ennis Headshot

Donna M. Ennis, C.P.F., is EI2‘s director of diversity engagement and program development.

The Enterprise Innovation Institute (EI2), the Georgia Institute of Technology’s chief economic development and growth arm, has named Donna M. Ennis, C.P.F., director of diversity engagement and program development.

 

In this new role, Ennis will lead efforts to find funding and program opportunities, particularly those with a focus on underrepresented and underserved communities and organizations. As part of her responsibilities, Ennis will ensure that diversity and inclusion are part of each EI2 program’s mission.

 

Ennis, who also serves as director of the Atlanta Minority Business Development Agency (MBDA) Business and Advanced Manufacturing centers, has been with Georgia Tech since 1992. Under her leadership, the two centers have assisted client companies secure more than $3.5 billion in contracts, financing, and sales and create or save more than 6,000 jobs.

 

“I’m really encouraged and pleased with the development of this new role,” Ennis said. “It signals that Georgia Tech is committed to ensuring that diversity and inclusion are  central to its mission and that of the Enterprise Innovation Institute.”

 

Comprised of 11 programs, including the two Atlanta MBDA centers, EI2 is the oldest, largest, and most diverse university-based economic development and economic growth organization. With a history that spans more than 60 years, EI2 has expanded to serve innovative enterprises of all sizes in Georgia and beyond.

 

EI2’s client portfolio includes pre-company, technology-focused entrepreneurs, startups, and existing businesses, as well as communities, governments, universities, and nonprofit organizations.

 

“We have a wide variety of clients and focus areas from manufacturers and startups, to universities and minority-owned firms to municipal governments. Diversity and inclusion efforts need to be an integral part of our outreach, not only in terms of the types of clients we serve, but also in leveraging EI2’s resources toward bringing more diverse business relationships to Georgia Tech as a whole,” said David Bridges, EI2 interim vice president. “This furthers our overall economic development mission and mandate to serve all of Georgia and ensures we are reaching out to all of its communities.”

 

For example, the U.S. Department of Commerce MBDA recently awarded EI2 a grant to launch the Southeast MBDA Inner City Innovation Hub. This initiative includes the Advanced Technology Development Center (ATDC), the EI2 program that serves as the state of Georgia’s technology incubator. “With ATDC serving as one of the major partners in the Hub, we now have two ATDC startup catalysts who are focused on ensuring that the minority business community is more engaged in ATDC,” Ennis said.

 

She stressed the diversity and inclusion discussion is broader than race and gender. “It’s inclusive of people from rural Georgia, veterans, older citizens, the disabled, and members of the LGBT community, among others,” she said. It’s developing a culture where everyone is not only included but more importantly, are welcomed and feel like they belong.”

 

One of Ennis’ current projects is participating in Tech’s Diversity and Inclusion in Procurement Working Group. “Initiatives like these are examples of the commitment Georgia Tech has made to diversity and inclusion in all areas of the Institute,” Ennis said.

 

“As a leading higher education research institute, Georgia Tech has ensured that diversity and inclusion are part of it strategic mission. And as an employee who has seen Georgia Tech evolve in many ways over my 30-year career here, I must admit that it’s a really exciting time.”