MIAMI-, Fla. – On May 22, 2014, the MBF awarded college scholarships to twenty-six high school seniors from City of Miami Public Schools. The twenty-six students were honored at Miami City Hall by City of Miami Mayor Tomas Regalado and city commissioners; parents and MBF board members were also present. This is the inaugural year of a multi-year scholarship program commitment made by MBF to the City of Miami Public School System. MBF scholarship programs have given students the opportunity to access resources that were not previously available to them. With the awarding of these twenty-six scholarships, the MBF continues to demonstrate its commitment to providing educational opportunities to future business leaders and entrepreneurs in the City of Miami.

The MBF, a City of Miami-based nonprofit established in 1986, has created and administered a loan program for City of Miami minority businesses, funds scholarship endowments and gifts programs for City of Miami minorities studying entrepreneurship and business, and provides technical assistance to minority businesses in the City of Miami. The Foundation has awarded 327 scholarships to City of Miami minority students attending Miami Dade College, Florida International University and Florida Memorial University; it also awarded twenty-five loans creating more than 100 jobs in the City of Miami, and created partnerships that have helped train more than 100 City of Miami minority business owners.

For more information on the MBF, please call (305) 379-7070, email info@192.186.227.164 or visitwww.miamibaysidefoundation.org.

Date: June 11, 2014

Media Contact:
Kathleen Murphy
MBF
(305) 379-7070 Ext. 204