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Whether you are starting a new business, relocating to Acadiana, or expanding within the region, there are many resources available to assist you. Financial Assistance is administered by the Louisiana Economic Development Corporation (LEDC). Some of the financial programs include the following: Economic Development Award Program (EDAP)
Provides assistance for publicly-owned infrastructure to assist industrial or business development projects that promote economic development and that require state assistance. Small Business Loan Program
Provides loan guarantees and participations to banks in order to facilitate capital accessibility for businesses. Micro Loan Program
Provides loan guarantees and participations to banks that fund loans to Louisiana small businesses.
Contract Loan Program
Intended to provide a loan participation and guarantee to a bank for government contract loans. INVESTMENT PROGRAMS Venture Capital Match Program
Provides for a match investment for qualified Louisiana venture capital funds. Minority Venture Capital Match Program
Provides for a match investment for qualified minority venture capital funds. Venture Capital Co-Investment Program
Provides for a co-investment in a Louisiana business. Louisiana Seed Capital Program
Provides matching or co-investment funds, which with other capital provided by a Louisiana-based fund, will be used exclusively to provide the seed investment needed to move a Louisiana small business out of the theoretical stage of development on course to commercial production. BIDCO Investment Program
Provides for a match or co-investment in certified BIDCO's (business and industrial development corporation). Specialty BIDCO Investment Program
Provides for a match or co-investment in certified Specialty BIDCO's. WORKFORCE PROGRAM Workforce Development
Provides funding for customized workforce training programs.
For more details on the eligibility requirements of these programs, please visit Louisiana Economic Development. Print this page Email this page
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