Propeller, BioInnovation Center and Business Alliance awarded $500,000 by Chase for small businesses

The Advocate 16 December 2016

Three New Orleans-based nonprofits will split $500,000 in grants from JPMorgan Chase & Co. to support programs promoting small business growth, the bank said Friday. The largest award recipient is the New Orleans BioInnovation Center, which is receiving $250,000. Propeller, a business incubator that focuses on ventures planning to tackle pressing issues facing New Orleans, and the New Orleans Business Alliance will each receive $125,000 from the bank.