SBI receives $100k donation from Mosaic

FAMU faculty and Mosaic leaders commemorate the company’s donation to SBI. Photo Courtesy:

On Feb. 8, 2022, The Mosaic Company announced that they will be donating 100k to the School of Business at FAMU.

The School of Business and Industry aspires to be recognized nationally and internationally as a preeminent center of excellence in business.

According to the U.S. News and World Report 2021 Best College Rankings, FAMU is the number one public historically Black college and university (HBCU).

The Mosaic Company is a Fortune 500 company based in Tampa, Florida and has over 13,000 employees operating in eight different countries as stated on their website.

Mosaic hopes that this contribution can help provide students with elevated experiences with a plethora of companies and leadership opportunities.

Eldric Harris, senior SBI student, is excited to see how the donation will be used.

“This donation from The Mosaic Company was very generous,” Harris said. “I am interested in seeing what different opportunities this will bring to SBI.”

Mosaic plans to host student interns in business roles, assign a group of engineering students with a variety of real-life projects to evaluate their solutions and provide coaching and mentoring from company’s senior leaders.

At the signing of the Memorandum of Understanding, FAMU President, Larry Robinson and The Mosaic Company CEO, Joc O’Rourke were in attendance.

FAMU President Robinson, is looking forward to the success that this donation will bring to the students.

“Our students will be the true beneficiaries of this support from Joc O’Rourke and the Mosaic team,” Robinson said. “We are excited about strengthening this partnership.”

SBI’s outstanding achievements and awards are known worldwide. Corporate executives and recruiters frequently visit SBI to observe and review the academic, professional development and internship programs as well as recruiting SBI students for professional positions.

Jaedan Jah, FAMU, SBI alum, believes the partnership and donation is well deserved.

“SBI is a very prestigious school at FAMU, so I am not surprised by the donation,” Jah said. “I have received so many opportunities from SBI so I know that this partnership will be very beneficial to the current students.”