The Magnolia Business Alliance has made two grant awards to Mississippi woman-owned small businesses to support their start-up and growth.
MBA designed the grants along with Mississippi entrepreneur Beverly Dale to stimulate growth among small, woman-owned businesses and create a positive impact on local communities.
MBA awarded a $5,000 new business grant to Toni Natson to purchase restaurant equipment for “Oh Taste and See Café and Juice Bar” opening soon in Gulfport. The other $5,000 grant was awarded to an existing business, JOEL Printing, owned by Jerleen White in Prentiss to purchase updated software and a color printer. The program places particular emphasis on helping socially and economically disadvantaged woman-owned firms get to the next level of their business.
MBA received 49 applications from all over the state, and presented nine finalists to a panel of MBA program managers, lenders from Renaissance Corp., and a professor from the University of Southern Mississippi.