Project Grant ED17HDQ0200034

The Research Park Corporation received a $1.125 million project grant award from the Department of Commerce Economic Development Administration on May 24, 2022. The funding supports the Ignition Accelerator and Venture Capital Assistance Program to develop tech-based startups across Louisiana's Capital Region. Through this program, the Research Park Corporation will provide technical assistance, planning support, and outreach to underserved communities and businesses to help address the lack...

The New Orleans Business Alliance (NOLABA) will receive $800,000 through September 2024 under a Project Grant from the Department of Commerce Economic Development Administration's BUILD TO SCALE federal grant program. NOLABA will establish the OurNOLA Fund, a $10 million equity-based investment fund to democratize investment access for millennials, Black, Indigenous, and people of color. The Fund will appeal nationally to non-accredited investors to invest minimum amounts of $500 each,...

The Economic Development Administration awarded a $3.27 million Project Grant to Social Entrepreneurs of New Orleans Inc., doing business as Propeller: A Force for Social Innovation, to scale venture capital investments that support minority-owned businesses through the BUILD TO SCALE federal grant program (CFDA 11.024). Over a three-year period, Propeller and its partner New Orleans Startup Fund will build capacity for due diligence, fundraising, and technical assistance to grow their initial...

The Economic Development Louisiana Department (LED) received a $500,000 State Trade Expansion Program (STEP) Project Grant award from the Small Business Administration (SBA) Office of International Trade. The two-year award runs from September 30, 2022 through September 29, 2024 and will support LED's delivery of services to increase the number of small businesses in Louisiana exporting goods and the value of exports for small businesses already engaged in international trade. Specifically,...

This $325,000 Project Grant was awarded by the U.S. Small Business Administration's (SBA) Office of International Trade to the Louisiana Department of Economic Development (LED) under the State Trade Expansion Program (STEP), CFDA 59.061. The funding supports LED's efforts to increase export activities and expand the international market presence of small businesses across Louisiana. Key services delivered through this two-year grant, effective from September 30, 2024 to September 29, 2026,...

The Idea Village, Inc. was awarded a $278,343 Project Grant from the Delta Regional Authority to implement a Mentorship Program for High Potential Tech Enabled BIPOC. The grant was awarded on September 15, 2022 under the Delta Regional Authority's Delta Area Economic Development federal grant program (CFDA #90.201) and will be completed by September 15, 2024. The Mentorship Program will provide assistance to underserved areas in New Orleans, Louisiana by equipping individuals from Black,...

The Department of Commerce Economic Development Administration (EDA) awarded a $625,000 Project Grant to The Idea Village, Inc. under the Economic Adjustment Assistance (EAA) program to develop a pipeline of startup activity across the New Orleans region. Funded activities will position New Orleans, particularly Opportunity Zones in downtown, as an innovation hub by empowering founders from diverse backgrounds to build technology-based businesses. This aims to help the local economy recover more...

This $9.56 million Cooperative Agreement from the Small Business Administration's Office of Entrepreneurial Development funds the Louisiana Small Business Development Center Network from January 2022 through December 2023. The Network, led by awardee Louisiana State University, provides management counseling, training, and technical assistance to small businesses across Louisiana as outlined in the Small Business Development Centers federal grant program (CFDA 59.037). Services include...

GRANT AWARD SUMMARY Louisiana Clean Fuels, Inc. received a $215,000 Cooperative Agreement from the U.S. Department of Energy's Office of Energy Efficiency and Renewable Energy (EERE) under the Conservation Research and Development program (CFDA 81.086), effective April 1, 2026 through March 31, 2027. Under this award, Louisiana Clean Fuels, Inc. serves as a Clean Cities and Communities (CC&C) Coalition partner, delivering stakeholder engagement, technical assistance, and outreach...

The Small Business Administration Office of Investments and Innovations awarded Louisiana State University a $125,000 Project Grant under the Federal and State Technology Partnership Program (FAST Program, CFDA 59.058). The grant will support the Louisiana Business and Technology Center at LSU in delivering services to strengthen the technological competitiveness of small businesses in Louisiana from September 30, 2022 to September 29, 2023. The FAST Program aims to boost small business...