Magic City Innovation District – Little Haiti Presents President of Florida Memorial University with $100,000 Check for New Scholarship Fund

(Miami Gardens, Florida) — On Monday morning, Magic City Innovation District – Little Haiti partners (“MCID”) held a press conference at Florida Memorial University with local Miami elected leaders and the President of Florida Memorial University to announce a new scholarship fund for new Florida Memorial University students.

At the press conference, Neil Fairman, Chairman of Plaza Equity Partners and the Managing Partner of Magic City Innovation District – Little Haiti, presented the first $100,000 check for the new scholarship fund to FMU President Dr. Jaffus Hardrick. The payment is the first of several; with incremental payments to be paid in the years ahead up to a total of $250,000.

Also present at the event were Keon Hardemon, Miami-Dade County Commissioner for District 3 and former commissioner for Miami’s District 5; and Tony Cho, Chairman of Metro 1 and a Founding Partner of Magic City Innovation District – Little Haiti.

“It is our sincere pleasure and honor to dedicate this first check towards a new scholarship fund for students to Florida Memorial University,” ” said Neil Fairman, Chairman of Plaza Equity Partners and Managing Partner of Magic City Innovation District – Little Haiti. “Florida Memorial University is an incredible institution, the only HBCU in South Florida, and it makes us more than happy to be able to do something that will have an immediate and meaningful impact and provide opportunities to enterprising students in our community.”

“We are very thankful for Magic City Innovation District – Little Haiti for their very generous gift to our university,” shared FMU President Dr. Jaffus Hardrick. “This new fund will help provide more opportunities for a first-class education at our university for students from underserved communities throughout Miami-Dade County.”

“When Magic City Innovation District – Little Haiti was a potential project, the deal we reached with Neil and the other partners was that the benefits from this project would need to truly be felt across our community,” said Keon Hardemon, Miami-Dade County Commissioner for District 3 and former commissioner for Miami’s District 5. “I can truly say from their actions today in this fund––which will provide a chance for a wonderful education for students who might not otherwise have had that chance––are a testament to their character and their commitment to their word.”

About Magic City Innovation District – Little Haiti

Magic City Innovation District ® – Little Haiti (“MCID”) is an innovation district focused on technology, sustainability, health and wellness and art and culture. MCID is revitalizing the Little Haiti and Little River neighborhoods to create a world-class destination. It will provide Miami a walkable, campus-like neighborhood where individuals from all demographic backgrounds can enjoy a quality life and re-write history on how communities live, work, play, and learn together. MCID will serve as a new model for future innovation districts and real estate development worldwide.

About Florida Memorial University

Located in the City of Miami Gardens, Florida Memorial University is a private, historically Black institution that offers 27 undergraduate degree programs and four graduate degree programs to a culturally diverse student body. Since its inception in 1879, the University has upheld a commitment to provide an academic education solid foundation built upon the pillars of leadership, character, and service. FMU is South Florida’s only Historically Black College or University (HBCU). FMU is among the leading HBCUs in the nation leveraging partnerships with public and corporate partners to develop academic training and certification programs in emerging markets such as Aviation Management and Environmental Science, Cybersecurity, and Computer Information Technology.

FINAL FOR RELEASE

MEDIA CONTACT:

MOLLY PHILLIPS

802.734.3205

molly.p@sparomarketing.com

MAGIC CITY INNOVATION DISTRICT – LITTLE HAITI ®

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