Grow Gentilly, a new business competition created by Capital One Bank to help Gentilly-area businesses grow, has seen its first set of of winners.

The Munch Factory won the first place prize of $10K, while Mike’s Hardware on Elysian Fields Ave. took second place. Both businesses will receive business development support from Capital One.

“Grow Gentilly” is part of Capital One Bank’s Gentilly Community-Based Initiative (CBI), a multi-faceted community revitalization project created to serve as a catalyst for the redevelopment of the Gentilly neighborhoods in New Orleans. According to Capital One, the Gentilly CBI represents a strategic investment by Capital One Bank to enhance and expand economic opportunities for families and businesses in Gentilly.