When business leaders gathered Monday to announce the creation of a venture capital fund to help entrepreneurs at the very earliest stages of business development, they took a small step toward filling a funding gap that has persisted in New Orleans and Louisiana for decades.
The primary goal of the New Orleans Startup Fund is to provide $25,000 to $250,000 in early-stage capital to individuals looking to start high-growth businesses in the New Orleans region. But it's the fund's tertiary goal of growing the venture capital pool in the New Orleans area that may provide the greatest impact to the business community.
To read the full, original article click on this link: Venture capital fund fills void in financing for Louisiana startups | NOLA.com
Author: Jaquetta White
