{"id":116511,"date":"2023-06-15T14:00:05","date_gmt":"2023-06-15T19:00:05","guid":{"rendered":"http:\/\/news.olemiss.edu\/?p=116511"},"modified":"2023-06-19T10:37:38","modified_gmt":"2023-06-19T15:37:38","slug":"regions-foundation-um-join-forces-to-support-delta-economy","status":"publish","type":"post","link":"https:\/\/web20.olemiss.edu\/news\/wordpress\/regions-foundation-um-join-forces-to-support-delta-economy\/","title":{"rendered":"Regions Foundation, UM Join Forces to Support Delta Economy"},"content":{"rendered":"
\"\"

Marta Self (left center), executive director of the Regions Foundation, presents a ceremonial check to Sharon Nichols, state director of the Mississippi Small Business Development Center, to support the Mississippi Delta SBDC in Greenville. Others on hand for the presentation include (from left) Hughes Miller, UM director of industry engagement; Ryan Strawbridge, senior vice president for commercial banking of Regions Bank; Mary Wallace Hannon, of Regions Foundation\u2019s Operations and Strategic Communications; Derek Stephens, assistant state director of Mississippi SBDC, Patrice Harris, director of the North Mississippi SBDC Center; Gene Finley, managing partner of CompuRecycling Center; and Eva Finley, director of operations of CompuRecycling Center. Submitted photo<\/p><\/div>\n

OXFORD, Miss. \u2013 The Regions Foundation and the <\/span>Mississippi Small Business Development Center<\/span><\/a> at the University of Mississippi<\/a> have established the Mississippi Delta SBDC to encourage entrepreneurship and small business success specifically in the Delta region.<\/span> <\/span><\/p>\n

Housed within CompuRecycling Center Inc., in Greenville, the Mississippi Delta SBDC began serving small-business owners and entrepreneurs in the 10-county Delta region in 2022. The Mississippi Delta SBDC expects to serve 90 clients in the first year, 120 in the second year and 150 in the third year of operation.<\/span> <\/span><\/p>\n

The Regions Foundation is an Alabama-based nonprofit that is funded primarily by Regions Bank. The foundation has provided a $150,000 grant to expand the Mississippi Delta SBDC\u2019s offerings, which include free one-on-one counseling and technical assistance for small-business owners. <\/span> <\/span><\/p>\n

\u201cSupporting the Mississippi Delta SBDC gives the Regions Foundation the opportunity to multiply the impact of our philanthropic dollars,\u201d said Marta Self, executive director of the Regions Foundation. <\/span> <\/span><\/p>\n

\u201cTo have the deepest impact, philanthropy can\u2019t work by itself; we need a combination of resources. This collaboration has all the ingredients for success: financial backing from private and government sources, the support of a high-quality post-secondary institution, the solid technical expertise of a regional agency and the implementation power of an established grass-roots organization.\u201d<\/span> <\/span><\/p>\n

Small businesses are a crucial component of healthy local economies. Fostering more small business success, in turn, fosters stronger communities, Self said.<\/span> <\/span><\/p>\n

\u201cWhile we all recognize you need education, workforce, housing and health care, we also must recognize you can\u2019t have a thriving community without small business,\u201d Self said. \u201cBut even more than that, micro and small businesses that are locally owned generate more wealth for the community, employing and investing in their community.\u201d<\/span> <\/span><\/p>\n

The idea to establish the an SBDC in the Delta originated through an ongoing relationship between Regions and the university. <\/span> <\/span><\/p>\n

\u201cThrough this partnership with the Regions Foundation, CompuRecycling and UM, the MS SBDC will now have a physical presence in the Mississippi Delta combining its resources and expertise with CompuRecycling\u2019s connections in the community,\u201d said Hughes Miller, director of industry engagement. <\/span> <\/span><\/p>\n

\u201cRegions Foundation\u2019s support has made it possible to create this expanded resource to support entrepreneurship and small business growth in rural communities across the Delta.\u201d <\/span> <\/span><\/p>\n

This recent contribution is an extension of the Regions Foundation\u2019s ongoing support of the Mississippi SBDC, said Sharon Nichols, state director of the Mississippi SBDC headquartered at the <\/span>University of Mississippi<\/span><\/a>. In 2021, <\/span>the foundation provided a $75,000 gift that helped the SBDC obtain a USDA Distance Learning grant to deploy 27 virtual small business centers across rural Mississippi to complement an entrepreneurial ecosystem<\/span><\/a>.<\/span> <\/span><\/p>\n

\u201cWe are deeply grateful for the collaboration with the Regions Foundation and our Mississippi Delta SBDC,\u201d Nichols said<\/span>.<\/span> \u201cTheir support of this center is already positively impacting this traditionally underserved region of our state. This is another example of how organizations can come together to help communities grow.\u201d<\/span> <\/span><\/p>\n

Self spoke of the desired long-term impact of the Regions Foundation\u2019s investment in the Mississippi Delta SBDC.<\/span> <\/span><\/p>\n

\u201cWe are proud to work hand-in-hand with the SBDC to empower entrepreneurs to grow and succeed, bringing access to more knowledge and capital to the community,\u201d Self said. \u201cOver time, we hope it creates a strong network of business owners who help each other grow and continue to invest in their communities. <\/span> <\/span><\/p>\n

\u201cA healthy and thriving business ecosystem will bring more inclusive prosperity and pride to the Mississippi Delta.\u201d <\/span> <\/span><\/p>\n

The Mississippi SBDC provides business counseling, technical assistance and access to a host of resources, business experts and support to business owners and entrepreneurs. The Mississippi SBDC is funded by a grant from the U.S. Small Business Administration through the University of Mississippi.<\/span> <\/span><\/p>\n

To learn more about the university’s industry engagement initiative, visit <\/span>https:\/\/industry.olemiss.edu<\/span><\/a> or <\/span>contact Miller at <\/span>hughes@olemiss.edu<\/span><\/a> or 662-915-2885.<\/span> <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

OXFORD, Miss. \u2013 The Regions Foundation and the Mississippi Small Business Development Center at the University of Mississippi have established the Mississippi Delta SBDC to encourage entrepreneurship and small business success specifically in the Delta region.  Housed within CompuRecycling Center Inc., in Greenville, the Mississippi Delta SBDC began serving small-business owners and entrepreneurs in theRead the story …<\/a><\/p>\n","protected":false},"author":100,"featured_media":116515,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[199,460],"tags":[],"yoast_head":"\nRegions Foundation, UM Join Forces to Support Delta Economy - Ole Miss News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/news.olemiss.edu\/regions-foundation-um-join-forces-to-support-delta-economy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Regions Foundation, UM Join Forces to Support Delta Economy - Ole Miss News\" \/>\n<meta property=\"og:description\" content=\"OXFORD, Miss. \u2013 The Regions Foundation and the Mississippi Small Business Development Center at the University of Mississippi have established the Mississippi Delta SBDC to encourage entrepreneurship and small business success specifically in the Delta region.  Housed within CompuRecycling Center Inc., in Greenville, the Mississippi Delta SBDC began serving small-business owners and entrepreneurs in theRead the story …\" \/>\n<meta property=\"og:url\" content=\"http:\/\/news.olemiss.edu\/regions-foundation-um-join-forces-to-support-delta-economy\/\" \/>\n<meta property=\"og:site_name\" content=\"Ole Miss News\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-15T19:00:05+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-19T15:37:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/web20.olemiss.edu\/news\/wordpress\/wp-content\/uploads\/2023\/06\/DSC07753-2-768x512.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"768\" \/>\n\t<meta property=\"og:image:height\" content=\"512\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@OleMissRebels\" \/>\n<meta name=\"twitter:site\" content=\"@OleMissRebels\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/web20.olemiss.edu\/news\/wordpress\/#website\",\"url\":\"https:\/\/web20.olemiss.edu\/news\/wordpress\/\",\"name\":\"Ole Miss News\",\"description\":\"The official source for University of Mississippi news\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/web20.olemiss.edu\/news\/wordpress\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"http:\/\/news.olemiss.edu\/regions-foundation-um-join-forces-to-support-delta-economy\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/web20.olemiss.edu\/news\/wordpress\/wp-content\/uploads\/2023\/06\/DSC07753-2.jpg\",\"width\":2048,\"height\":1365,\"caption\":\"Marta Self, executive director of the Regions Foundation, center at left, presents a ceremonial check to Sharon Nichols, state director of the Mississippi Small Business Development Center, to support the Mississippi Delta SBDC in Greenville, Mississippi. 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