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Florida A&M Names Interim President

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by Frederick H. Lowe
During an emergency meeting on Monday, Florida A&M University’s board of trustees named Provost Larry Robinson interim president, replacing James H. Ammons, who unexpectedly resigned last week but planned to stay on until October.

The trustees also told Ammons, who had been FAMU president for five years, to clean out his office immediately and leave his job well before his 90-day notice has expired.

Robinson’s appointment is subject to confirmation at the next regularly scheduled trustees’ meeting, which has been moved up to August from September, officials of FAMU announced. Robinson’s promotion is the result of the university’s succession plan. In the absence of the president, the provost is next in line for the top job. At the August meeting, trustees will discuss the board’s national search for a permanent president.

“I’m grateful for this opportunity to serve at this critical time in the university’s history,” Robinson said. “There is work to be done, and I stand ready to do my absolute best to keep FAMU on its path of success. During this period, I look forward to serving our students, faculty, staff, alumni and supporters.”

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Entrepreneurship

VIVICA A. FOX SHARES TIPS ABOUT HER HUSTLE

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Vivica A. Fox opened up about her illustrious career in Hollywood, running a business, and her unbeatable hustle earlier this month at the Enterprising Women of Color Forum, an event powered by the Minority Business Development Agency (MBDA) and Essence magazine.

The forum, which served to empower women entrepreneurs with wealth-building resources, was held at the National Museum of Women in the Arts in Washington, D.C., during the Congressional Black Caucus Foundation’s Annual Legislature Conference. The half-day event included an interactive workshop facilitated by Irene Walker, the program manager at Facebook’s Level Up, and a panel discussion moderated by reality star and entrepreneur Robyn Dixon of Bravo’s Real Housewives of Potomac.

Read more @ Black Enterprise

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Entrepreneurship

Women Entrepreneurs Get Another Funding Option

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No surprise, women entrepreneurs have a harder time raising capital than their male counterparts. However, it is scaling companies — the 1% of companies raising venture capital to grow to be billion-dollar companies — that get all of the media attention. Far more entrepreneurs have more modest growth goals. These companies are more likely to seek loans.

Whether debt or equity, women-owned businesses use fewer types of financing options than their male counterparts, according to the 2016 Small Business Credit Survey: Report on Women-Owned Firms. Even when they are a low credit risk, they are less likely to get approved for a loan: 68% compared to 78% for their male counterparts.

Read full story @ Forbes

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Content Editor Aha!
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Part-Time Editor The Nation
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