SBA: 2016 State of the Region Address

On Tuesday, February 23rd, U. S. Small Business Administration (SBA) Southeast Regional Administrator Cassius Butts delivered the 2016 State of the Region Address at Morehouse College in Atlanta, Georgia. The Regional Administrator’s remarks highlighted and summarized some of the accomplishments and successes achieved throughout SBA Region IV which comprises the states of Alabama, Florida, Georgia, Kentucky, Mississippi, North Carolina, South Carolina and Tennessee. SBA Region IV experienced a record-breaking year in lending during federal fiscal year 2015 in that among many other accomplishments, a total of $5.5 billion in SBA loans were approved of which $166.7 million in loans were made to Mississippi small businesses. During this timeframe, the SBA Mississippi District Office also brought on board 25 new bank and non-bank lenders.

Following the address, a conversation took place with Ambassador Andrew Young; Dr. John Silvanus Wilson, Jr., President of Morehouse College; Ed Baker, Executive in Residence at Georgia State University; and Lara O’Connor Hodgson, CEO of NOWAccount. The lively discussion focused on “Ensuring Entrepreneurship in the New Economy”. Hundreds were in attendance at the event and many more tuned in throughout the region via live stream. New MMBA, Inc. board member Andrea Hendricks attended the live stream viewing at the SBA Mississippi District Office.

The SBA Mississippi District Office and MMBA, Inc. work collaboratively on relevant issues in support small business and are cosponsors of the SBA’s Emerging Leaders Initiative which provides executive-level training designed to accelerate the growth of the small business participants.