NEW ORLEANS (AP) — Xavier University of Louisiana says it has received a $465,894 grant to help minority businesses better prepare for disasters and their aftermath.
The historically black, Catholic university in New Orleans says in a news release that the grant was awarded by the Minority Business Development Agency of the U.S. Department of Commerce.
Xavier says the money will fund an initiative to provide minority-owned businesses in the United States, Puerto Rico, and the U.S. Virgin Islands with information about disaster preparedness and obtaining disaster related contracts.
The release says the project will be managed through the Xavier Division of Business’ Entrepreneurship Institute under the direction of Mark Quinn.
Quinn holds the Conrad N. Hilton Endowed Chair in Entrepreneurship.