Alcorn State University Foundation, Inc.

Alcorn State University Foundation, Inc., registered in SAM.gov and operating as the Office of Business Affairs, is a non-profit, tax-exempt corporate entity associated with Alcorn State University, a historically Black college located in Mississippi. As an educational institution, the foundation focuses on supporting entrepreneurial development and providing critical services to underserved business communities. The organization is dedicated to advancing economic opportunities for minority and women-owned businesses through targeted programming and support services.

The foundation primarily receives federal grant awards from the U.S. Small Business Administration's Office of Entrepreneurial Development, specifically through the Women's Business Ownership Assistance program (CFDA 59.043). Its primary work involves delivering comprehensive training, counseling, and technical assistance to women-owned and minority small businesses in Mississippi. These services aim to remove discriminatory barriers in accessing capital, markets, and critical business resources. Additionally, the foundation receives sub-grant awards from the Mississippi Department of Education, primarily related to Child Nutrition Programs (CNP), including block grants and cash-in-lieu allocations. These sub-awards suggest the organization also implements food assistance, education, and job training services for low-income populations. The federal grants, which have ranged from $150,000 annually, support a multi-year initiative to establish and sustain a Women's Business Center, with the current funding cycle extending through September 2025.