| Florida A&M University (FAMU)will use Historically Black Colleges and Universities (HBCU) funds to further enhance the activities being implemented by its Community Development Corporation (CDC). The FAMU CDC will continue to provide a wide range of business development services and opportunities to residents of public housing and other neighborhoods. It will also provide direct loan funds to low-income business owners, establish training for specific industries in conjunction with the Florida WAGES program, and improve the likelihood of successful micro enterprise development by establishing a one-stop business incubator in the HBCU community.
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