News to Know!: Her program has helped to scale over 400 mid-sized Black and Brown businesses to grow
The Steve Harvey Morning Show
iHeartPodcasts
4.5 • 2.2K Ratings
🗓️ 4 September 2025
⏱️ 25 minutes
🧾️ Download transcript
Summary
Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Dr. Tiffany Bussey.
Director of the Morehouse Innovation and Entrepreneurship Center (MIEC). Here are some key highlights and themes from the conversation:
🔑 Key Themes & Takeaways 1. Empowering Black and Brown Entrepreneurs
- MIEC focuses on helping scalable, mid-sized Black and Brown businesses grow.
- Over 400 businesses have been supported, resulting in:
- 850+ new jobs
- $34M+ in new capital
- $82M+ in new revenue
2. The “Three C’s” of the Small Business Executive Program
- Capital: Access to funding.
- Connections: Building meaningful relationships with decision-makers.
- Contracts: Securing business opportunities with large firms.
3. Breaking Stereotypes
- Dr. Bussey emphasizes the need to challenge the narrative that Black communities lack skilled labor or entrepreneurial drive.
- Entrepreneurship is described as being “in our DNA,” rooted in resilience and survival.
4. Strategic Partnerships
- MIEC collaborates with major corporations (e.g., JPMorgan Chase, Wells Fargo) to fund training programs.
- Partnerships with organizations like Goodwill provide free job training and even stipends for participants.
5. Sustainability as a Business Opportunity
- Dr. Bussey highlights the massive potential in sustainability sectors:
- EV Infrastructure: $163B industry
- Green Building: $324B
- Agriculture: $20B
- Renewable Energy: $952B
- Encourages entrepreneurs to think beyond traditional business models and tap into these emerging markets.
6. Access to Opportunity
- Beyond capital, access to opportunity is a major barrier.
- MIEC connects small businesses with large “primes” (e.g., general contractors) to help them enter supply chains.
7. Mindset Shift
- Dr. Bussey discusses the psychological and historical barriers that prevent some from pursuing entrepreneurship.
- Emphasizes the importance of resilience, preparedness, and community support.
#SHMS #STRAW #BEST
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Transcript
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| 0:00.0 | This is an IHeart podcast. |
| 0:04.6 | Hi, I'm Roshan McDonnell. |
| 0:06.5 | I host a weekly Money Making Conversation Masterclass show. |
| 0:09.4 | The interviews and information that this show provides are for everyone. |
| 0:12.9 | It's time to stop reading other people's success stories and start living your own. |
| 0:17.4 | If you want to be a guest on my show, please visit our website, Moneymakingconversations.com, |
| 0:23.5 | and click the be a guest button. Press submit and the information will come directly to me. |
| 0:28.7 | Now let's get this show started. Please welcome the Money Making Conversation Masterclass, Dr. Tiffany |
| 0:33.7 | Bussie. How are you doing, Dr. Bussie? I am doing wonderful, Rashon. And first of all, thank you so |
| 0:38.8 | much for having me. It is indeed a pleasure to be here. And congratulations on your show. |
| 0:44.0 | Thank you. Thank you. I really appreciate that. Now, I gave out a big title here, |
| 0:47.6 | Director of the Morehouse, which is Morehouse College, HBCU, one of the big, more prominent |
| 0:52.8 | HBCUs in the country, |
| 0:55.0 | Director of the Morehouse Innovation and Entrepreneurship Center. |
| 0:58.9 | What is that? |
| 1:00.3 | Wow, yes, it is a mouthful, but we are really, really proud of the work we've been doing here |
| 1:05.7 | and we call it our loving name for it is the MIEC, which is really, really just focused on helping |
| 1:12.7 | businesses, black and brown businesses scale. We believe that entrepreneurship and small |
| 1:18.9 | businesses, but one of the pathways in closing the racial income inequality gap in this |
| 1:25.5 | country. So that's the work we've been busy doing for the past |
| 1:28.4 | 20 years, whether it is working with our students right here on campus or working with businesses |
| 1:34.5 | in the community. We see this work as an important piece in really driving wealth within our |
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