Capital One Bank has awarded $60,000 each to a nonprofit Baton Rouge, three in New Orleans and two in Lafayette as part of a program supporting education, financial literacy and small business and work force development. Nonprofits applied for the awards.
The Investing for Good Award grant recipients include:
BATON ROUGE: City Year Inc., in which young people join City Year Corps as tutors, mentors and role models in area schools for 10 months. Corps members will design a parent engagement initiative at four East Baton Rouge Parish public schools that will connect families to the life of the school.
NEW ORLEANS: Good Work Network, which helps minority- and women-owned businesses start. It will use its award to support the Capital One Access Accelerator targeting microbusinesses in greater New Orleans.
Propeller, formerly known as Social Entrepreneurs of New Orleans, has a Social Venture Accelerator program that helps early-stage business ventures with support from consultants who coach the small businesses and provide pro-bono services.
Reconcile New Orleans Inc., based in the Central City neighborhood, will hire a volunteer and student activities coordinator.
The program trains youth and young adults for careers in the hospitality industry through life skills, hands-on hospitality training, an internship and job placement and retention support.
LAFAYETTE: Boys & Girls Club of Acadiana will partner with Capital One to create an entrepreneurship program and operating business to support the program, with business leaders serving as mentors for teens to develop leadership skills and financial acumen.
The Family Tree Information, Education & Counseling Center, which has a Ways to Work program, helps low-income families by providing modest loans to help provide transportation and the ability to get to jobs.