LOUISIANA TARGETS GROWTH OF RURAL SMALL BUSINESSES

LED’s Rural Entrepreneurship Initiative aims to accelerate growth of second-stage companies

BATON ROUGE, La. — Twelve Louisiana companies are the inaugural participants in a program targeting business growth for rural Louisiana. The LED Rural Entrepreneurship Initiative launched this week via a partnership of Louisiana Economic Development and the Michigan-based Edward Lowe Foundation.
 
“Rural communities and businesses are critical to Louisiana’s economic recovery and resiliency in 2021 and beyond,” LED Secretary Don Pierson said. “While working diligently to assist and develop our rural communities and to attract new projects to rural Louisiana, LED also is innovating and investing in support of our rural businesses. We are investing and acting through our strong partnership with the Edward Lowe Foundation, a national best-in-class leader in entrepreneurial development. Our rural revitalization efforts will continue to lead to rural wins, and our LED programs will continue create a rural renaissance in Louisiana moving forward.” 

Read more about the announcement.

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