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January 28,
2008
LIVINGSTON,
Ala.--With
the newly created James Suttles Entrepreneurship
Institute, The University of West Alabama’s College
of Business will provide Black Belt residents with
the knowledge and skills to launch new endeavors,
while retaining and expanding existing small
businesses in the region. The Institute is made
possible by a $350,000 gift to “The University We
Will Be” campaign from James Suttles of Demopolis,
founder and president of Suttles Truck Leasing, Inc.
Suttles, whose wife Maria and daughter Natasha are
both UWA graduates, cites the University for
producing quality graduates who succeed in the
workforce.
“The University has provided my business with many
good employees from the College of Business, and of
course it helps our business when we hire good
people,” Suttles said.
The
South Carolina native moved to Marengo County in
1979, starting his company and making his home in
the area. As a businessman, he says the
entrepreneurship project interests him because of
the need for opportunities in the long underserved
Black Belt region.
“UWA has a great impact in the Black Belt area by
training students who may not otherwise be able to
afford a college education at some larger
universities. I know from experience that UWA does a
good job, especially in the College of Business.”
According to Dr. Ken Tucker, dean of the College of
Business, this institute will positively affect the
overall economic and community development efforts
in the region.
“We
are very grateful to Mr. Suttles for his generous
gift because we believe the entrepreneurship
institute will help create and retain jobs in this
economically depressed region and help keep more of
our best graduates in the area,” Tucker said.
The
Institute will provide hands-on learning
opportunities for UWA students and community
residents through a series of entrepreneurial
workshops and seminars offered during the academic
year and in the summer. With a College of Business
faculty member serving as director, the Institute
will bring to campus small business experts from
across the nation to conduct the seminars.
“The Institute will offer comprehensive training,
with typical seminar topics including small business
start-up activities, business and strategic
planning, marketing, accounting systems and
principles, human resources, financial management,
grant writing, tax planning and preparation, legal
issues and general management concepts,” Tucker
said.
This institute will no doubt strengthen the
connection between University professors and
real-world practitioners and UWA students and the
business community. In addition, the establishment
of the Institute will also allow UWA business
management students to earn their degree on the
entrepreneurship track.
The
James Suttles Entrepreneurship Institute will be
formally dedicated with a ceremony in April.
"The University We Will Be" campaign is an ongoing
initiative to raise $15 million in gifts and pledges
by 2011 for The University of West Alabama. These
funds will improve campus facilities, provide
additional scholarships, enhance the campus learning
environment, support the faculty and fund community
outreach projects. For more information about
contributing to the campaign, call 205-652-3867. |