Universities Team Up to Help Minority Small Business Owners in North Carolina

Wake Forest University, Winston-Salem State University, and the city of Winston-Salem have announced the formation of the Triad Business Collaborative. The collaborative was formed to help minority- and women-owned small businesses weather the current economic crisis.

The effort will act as an information clearinghouse that can be used by small business owners to access information on programs and services that are available to them. The effort will guide the small businesses through federal, state, and local government bureaucracies so that they can take advantage of infrastructure and other government programs contained in the economic stimulus package.The head of the initiative is Garland Burton, director of business diversity programs at Wake Forest University.