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BankPlus lends support to women in business

Special to the MBJ

BankPlus recently announced the launch of The Source, an initiative designed to provide Mississippi women in business with access to capital, mentoring support and networking opportunities to succeed in business.

The Source will launch with the goal to loan $50 million from BankPlus to women seeking to start a business, grow a business or for any other business purpose. This investment further demonstrates the bank’s continued commitment to the communities it serves.

“We are extremely excited to launch The Source as a community-wide initiative for all women in business,” said Bill Ray, President and CEO of BankPlus.

“Many of our state’s great businesses were started by women and many of our business leaders are female. We believe that if we can provide critical information to help all women succeed in business, our communities will thrive.”

The Source launches with Mississippi business women on the initiative’s Founding Advisory Panel. Members of The Source Advisory Panel will act as a resource to participants in The Source network.

“I am excited to be a part of The Source program and give back to the community,” said Founding Advisory Panel Member Marlo Kirkpatrick of Kirkpatrick & Porch Creative.

“Plus I know I have so many things to still learn, both from other women with more experience and from today’s generation of women who can help keep my skills up-to-date.”

“The BankPlus workforce is 74 percent female and we represent all levels of management, many in senior leadership roles. Our bank understands there is a direct correlation between a successful female and a successful community,” said Katy Hedglin, Director of The Source.

This initiative draws on the bank’s resources to create programming relevant to women in business.

Programs for The Source include educational and networking events, mentoring opportunities and business planning meetings. Educational events for The Source will cover topics such as management, human resources, growth, marketing, technology, business planning, personal finance, sales, social media and more.

Already scheduled sessions include How to Speak Confidently (April 7), Maximizing Your First Impression (April 25) and Women Investing Now (May 3).  The program is designed for all women in business. For more, visit www.thesource.net.

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