Louisiana Launches Business Startup Program For Veterans

From: Louisiana Economic Development
Date: Wed, May 24, 2017 at 9:42 AM
Subject: Louisiana Launches Business Startup Program For Veterans
To: globalcrossroadscapital.com

LED News

Partnership includes LED, Louisiana Department of Veterans Affairs, Louisiana National Guard, Louisiana Business & Technology Center and LSU Executive Education within the E.J. Ourso College of Business

Today, Gov. John Bel Edwards, Louisiana Economic Development Secretary Don Pierson, Louisiana National Guard Adjutant Gen. Glenn Curtis and Louisiana Department of Veterans Affairs Secretary Joey Strickland announced the creation of the Louisiana Veteran Entrepreneurship Program to boost business opportunities for Louisiana veterans as they leave active duty. LVEP’s focus is both short-term, with an intensive boot camp at the outset, and long-term, with ongoing counseling from small business partners.

Developed through a partnership of LED, LDVA, the Louisiana National Guard, the Louisiana Business & Technology Center and LSU Executive Education, the program will train an estimated 108 participants in its first year. Goals target at least 30 percent of those participants launching a business and collectively raising at least $5 million in startup capital. A long-term goal for the program is to create 100 new jobs through newly formed businesses operated by LVEP-trained veterans.

Read more about the announcement.

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imgSpacer.gif Louisiana Economic Development
617 North Third Street, Baton Rouge, Louisiana 70802-5239 | 800.450.8115 | 225.342.3000



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