News Release > Hancock Whitney and Entergy Announce New Relationship to Expand Management Resources into Diverse Businesses
For immediate release
NEW ORLEANS – Hancock Whitney today announced a strategic relationship with Entergy focused on supporting the entrepreneurship and small business success of diverse local business owners. This initiative brings together Hancock Whitney's Small Business Matters program and Entergy's Supplier Diversity and Inclusion team to strengthen the financial resiliency and business development opportunities of diverse local businesses.
Hancock Whitney Small Business Matters is a comprehensive, no-cost entrepreneurship program that extends the knowledge and experience of in-house experts in financial services and small business banking in collaboration with numerous community and business development partnerships. , which gives small and medium-sized businesses greater access to critical resources, including small and medium-sized enterprises. training, technical assistance, business capital, and networking.
“Small Business Matters was developed to meet the business needs of our communities, with a focus on minority and women-owned businesses. These businesses have a hard time getting the guidance and support they need to grow. all too often,” said Hancock Whitney, vice president of community development programs. Ashley Aubrey Harrison. “Partnering with Entergy to expand Small Business Matters into a supplier diversity program is a win for both small businesses and the communities that benefit from the innovation that diverse companies bring.”
Serving four states in the Gulf South (Louisiana, Mississippi, Texas, and Arkansas), Entergy's supplier diversity and inclusion program provides third-party support for products and services needed throughout the region. The purpose is to identify and promote the use of diverse, locally-based companies that have been certified by the local government. The purpose of this program is to grow a world-class energy business that fosters economic development and creates sustainable value for Entergy's four stakeholders: customers, employees, communities and owners. This partnership with Hancock Whitney will help strengthen our business capabilities in our supplier network.
Kya Moller, Senior Manager of Supplier Diversity, Inclusion and Sustainability at Entergy, said: “This relationship with Hancock Whitney allows us to further support our network. This program is designed to guide companies, no matter what stage they are in, toward continued success. We help connect businesses with local financial partners who can identify ways to grow, finance and manage their businesses.”
Mueller shared that collaborating with Hancock Whitney on this effort makes sense from three different intersections. that both organizations serve overlapping geographies, are community-focused, and understand the impact of diverse local business success on local economies and wealth creation in underserved communities; is.
Harrison agrees. “We know that when businesses thrive, communities thrive, so we are committed to being a conduit for entrepreneurs and small businesses to find opportunities for growth. Guidance for Viable Business Plans Whether we share business management and technical assistance, training and research to improve profitability and accelerate growth, international trade expertise, or small business banking services, our efforts help businesses sustain their success. is to support.”
Entergy's diverse local suppliers who expressed interest in accessing capital services were invited to Capitalize 2023 New Orleans, an event hosted by the Louisiana Small Business Development Center at the University of New Orleans and sponsored by Hancock Whitney. Hancock Whitney and Entergy will continue to offer virtual and in-person training opportunities to program participants throughout the fall.
For more information about Hancock Whitney Small Business Matters, please visit: hancockwhitney.com/small-business-matters. To learn more or apply to be a diverse supplier at Entergy, please visit: entergy.com/operations/supplier-diversity.
About Hancock Whitney
Since the late 1800s, Hancock Whitney has stood for the core values of honor and integrity, strength and stability, a commitment to service, teamwork and personal responsibility. Hancock Whitney offices and financial centers in Mississippi, Alabama, Florida, Louisiana and Texas offer comprehensive financial products and services, including traditional banking and online banking. Commercial and small business banking. private banking; trust and investment services; Healthcare banking. and mortgage services. The company also operates loan production offices in the metropolitan areas of Nashville, Tennessee and Atlanta, Georgia. For more information, visit hancockwhitney.com.
Entergy is a Fortune 500 company that powers the lives of 3 million customers through operating companies in Arkansas, Louisiana, Mississippi and Texas. We invest in the reliability and resilience of our energy systems while helping our region transition to cleaner and more efficient energy solutions. Entergy has been rooted in the community for more than 100 years and is a nationally recognized leader in sustainability and corporate citizenship. Since 2018, we have provided more than $100 million in economic benefit to local communities each year through philanthropy, volunteerism, and advocacy. Entergy is headquartered in New Orleans, Louisiana and has approximately 12,000 employees. For more information, please visit entergy.com. Follow @Entergy on social media. #WePowerLife