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Three small businesses receive $50,000 from Mission EDC

September 4, 2018

Another three small businesses were recently awarded funding assistance from the Mission Economic Development Corporation as part as their Ruby Red Ventures Program.

The three businesses were awarded a combined $50,000 through the program, which runs twice a year, according to a news release issued last week.

The winners, Jose Luis Lopez and Heidi Lopez, own Mr. Pepe, a company that manufactures gourmet grilling sauces. They were awarded $25,000 that they will use to redesign the bottle for their product.

The second place award, $15,000, was awarded to Alejandro Chavez, owner of El Cazos Guisos, which makes pre-packaged Mexican meals and stews. Chavez will use the funds to increase production.

Maribeny Jenis was awarded 10,000 for third place. Jenis is the owner of B. Veggie, a company that produces natural fruit and vegetable juices using cold press technology. She will use the funds on a manufacturing facility.

Ruby Red Ventures is a four-month program during which small business owners attend classes to help them develop a business plan. After the four months, they present their plan to a panel of judges who select the three winners.

“Ruby Red Ventures is doing exactly what we’ve wanted it to do: Develop and nurture small business opportunities in the city of Mission,” Alex Meade, CEO of the EDC, said in the release. “We’ve awarded $600,000 to nearly 40 small businesses since the program started six years ago. These businesses, in turn, have created jobs and made capital investments here in Mission.”

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