The Airport Minority Advisory Council (AMAC) has partnered with Morehouse Innovation & Entrepreneurship Center, and Access to Capital for Entrepreneurs (ACE) to pilot AMAC’s new Business Capacity Accelerator Program.
The program’s aim is to increase training opportunities and capacity-building for minority and women-owned business enterprises interested in launching airport concessions.
The partnership is being managed by the Morehouse Innovation and Entrepreneurship Center (MIEC), a global model in higher education and industry collaboration that provides programs and services focused on helping Black businesses to grow and thrive.
Under the agreement, AMAC, Morehouse and its partner ACE will work to develop a network of potential concessionaires of color and provide them with support services as they prepare to compete for contracts.
Those services will include advising potential concessionaires about the feasibility of operating in an airport setting, facilitating engagement with industry-leading prime concessions companies, securing capital, exercising strategic agility and assisting them with business marketing.
“AMAC is thrilled and honored to partner with an institution as prestigious as Morehouse,” said Eboni Wimbush, AMAC president & CEO. “This purposeful partnership addresses many goals in our strategic plan, one of which is fostering the next wave of airport industry entrepreneurs.”
