Hudson Initiative
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
The company must have fewer than 50 full-time employees
Average annual gross receipts must not exceed $5 million for non construction and $10 million for construction companies
The business must be independently owned and operated
The business is not dominant in its professional field
Owned by persons domiciled in Louisiana
Owned by and has officers who are U.S.. citizens or legal residents
Category: Special Incentives For Small Businesses
More Special Incentives For Small Businesses
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...
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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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