For the third year in a row, Hancock Whitney has awarded $200,000 in competitive grants to 12 eligible non-profit organizations currently supporting small business through technical assistance and entrepreneurship training.
Funded by Hancock Whitney through its Community Reinvestment Act (CRA) program, the competitive grants aim to help nonprofits broaden community development efforts across the five Gulf South states the bank serves.
Grant recipients include:
Adult Reading Center, Inc. (Pearland, TX)
Agenda for Children (New Orleans, LA)
Baker Ripley (Houston, TX)
Beaver Street Enterprise Center (Jacksonville, FL)
Flyte (New Orleans, LA)
Fund 17 (New Orleans, LA)
Heritage Global Group (Biloxi, MS)
Market Umbrella (New Orleans, LA)
Propeller (New Orleans, LA)
Tampa Bay Wave (Tampa, FL)*
Thrive New Orleans (New Orleans, LA)*
University of South Alabama (Mobile, AL)
Tampa Bay Wave and Thrive New Orleans received top grant awards.
The Greater New Orleans Foundation was instrumental in creating awareness about the grants across the Hancock Whitney footprint and managed the grant application process. With their assistance, we received numerous applications from organizations working tirelessly to assist small businesses during the COVID-19 crisis.
“Small businesses are the backbone of the economy, and they are hurting during this pandemic, with evidence that minority-owned small businesses have faced the most difficult challenges,” said President and CEO of the Greater New Orleans Foundation Andy Kopplin. “Hancock Whitney continues to show thoughtful and strategic philanthropy, and this round of grants is further proof of that. We are proud to be their partner.”
We are grateful for the commitment these nonprofits, their leadership, teams and volunteers sustain year-round to make a difference in their communities. We are proud to sponsor this initiative as another way to reinvest in the communities we serve according to our core values and our mission to help people achieve their financial dreams.