Economic Gardening Initiative

Benefit

Informational Services:  Louisiana Economic Development's Economic Gardening Initiative provides Louisiana-based small businesses with the information they need to grow and succeed.

Eligibility (Not Comprehensive)

Company must have maintained its principal place of business in Louisiana for at least the last two  years

The company must have annual revenue between $600,000 and $50,000,000

The company must employ at least five but not more than 100 employees

The company must deliver products or services to customers outside the company's local market area or demonstrate the capacity to do so

The company must be in a target industry such as manufacturing, finance and insurance services, administrative services and emerging industries, as identified by LED (retail stories and restaurants are specifically excluded)

The company must be organized for profit to perform a lawful, commercially useful function

Category: Special Incentives For Small Businesses

Benefit Certification program: designed to help eligible Louisiana small businesses gain greater access to purchasing and contracting opportunities that are available at the State governmental level. Eligibility (Not Comprehensive) The company must have it s principal place of business i n Louisiana...
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Benefit Technical Assistance: provides the managerial and technical assistance training needed to grow and sustain a small business. Provides for developmental assistance, including entrepreneurial training, marketing, computer skills accounting, business planning, and legal and industry-specific assistance. Consideration for bidding on select products or services...
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Benefit Loan assistance program: provides up to 75% loan guarantees to facilitate capital accessibility not to exceed $1.5 million. The program's purpose is to provide financial assistance, which will help with the development, expansion and retention of Louisiana's small business. Eligibility (Not Comprehensive)...
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Benefit Certification Program:  designed to help eligible Louisiana Veteran-owned and Service-Connected Disabled-Veteran-owned small businesses gain greater access to purchasing and contracting opportunities that are available at the state government level.   Eligibility (Not Comprehensive) At least 51% of the business must be owned...
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