The Birth of Bigger and Better Business
As told by Dr. I.L. Scruggs Excerpts from Our Cause Speeds On

"Philadelphia, 1924, Phi Beta Sigma Fraternity 'arrived'. We had a mob of people at this Conclave. There were representatives from twenty-eight chapters -and all the trimmings. The introduction of the Bigger and Better Negro Business idea was made by way of an exhibit devoted to this topic. The Bigger and Better Negro Business idea was first tested in 1924 with an imposing exhibition in Philadelphia. This was held in connection with the Conclave. Twenty-five leading Negro Businesses sent statements and over fifty sent exhibits. The whole show took place in the lobby of the YMCA. Several thousand visitors seemed to have been impressed. The response was so great that the 1925 Conclave in Richmond, Virginia voted unanimously to make Bigger and Better Negro Business the public program of the Fraternity, and it has been so ever since."

Phi Beta Sigma believes that the improvement and economic conditions of minorities is a major factor in the improvement of the general welfare of society. It is upon this conviction that the Bigger and Better Business Program rests. Since 1926, the Bigger and Better Business Program has been sponsored on a national scale by Phi Beta Sigma as a way of supporting, fostering, and promoting minority owned businesses and services.

The Bigger and Better Business Program shall include the promotion and fostering of ideas fro the effective organization, improvement and expansion of business and the dissemination and propagation of information for the advancement of sound business principles and practices..

International Bigger and Better Business objectives are as follows:

• Work to increase the asset portfolio and membership of Phi Beta Sigma Federal Credit Union.
• Increase communication with Sigma's in Business.
• Develop a signature International Bigger and Better Business program.
• Promote & Support Small and Minority Business in our communities.
• Identify and develop National Partnerships.

Project S.E.E.D. (Sigma Economic Empowerment Development) is a Bigger and Better Business Program. The program was developed to help the membership focus on two important areas: Financial Management and Homeownership.

The objectives of Project S.E.E.D. are as follows:

• Provide useful information in the area of financial management and home ownership that will benefit the membership, their families, and the communities in which Sigma Brothers live;
• Provide a program that can be implemented at the national, regional and state levels by both alumni and collegiate chapters;
• Provide a program that is identifiable to the membership and the community at large; and
• Links Phi Beta Sigma’s programmatic thrust with an economically viable and relevant current concern.

The Bigger and Better Business Committee of the Kappa Beta Sigma Chapter Of Phi Beta Sigma Fraternity, Inc. is dedicated to the improvement and expansion of business by adhering to and supporting the National Bigger and Better Business Programs, such as Project S.E.E.D.,  the Phi Beta Sigma Federal Credit Union and the newly established partnership with Liberty Mutual Group. Furthermore, the Committee shall be a conduit for information for the betterment of the Fraternity and the Community at Large. To that end, our mission statement is:

"CULTIVATING THE ADVANCEMENT OF BUSINESS
FOR THE COMMUNITY AND SIGMA
BY THE EFFECTIVE ACQUISITION, ORGANIZATION
AND DISSEMINATION OF INFORMATION"