Mission
Small businesses in Louisiana employ over 917,000 individuals, accounting for 53.2% of the private workforce. These businesses are crucial for community growth. However, many Louisiana communities face shrinking populations, deteriorating infrastructure, and waning entrepreneurship. Despite their importance, fewer than 35% of small businesses survive beyond ten years, often due to a lack of capital. Even when business owners do succeed, bringing revenue and jobs to their communities, only 30% manage to successfully exit through a sale or passing it on to the next generation. Consequently, 70% of businesses that last more than ten years will shut down due to insufficient community investment. By reversing these trends, we can secure job opportunities and foster community development.
Our board of advisors comprises experts from a diverse range of industries, including:
- Financial Services
- Building and Construction
- Real Estate
- Technology
- Beauty and Personal Care
- Retail and Wholesale
- Restaurants and Food Services
- Service Businesses
Collaborating with community and government leaders, along with small to medium-sized business owners, is crucial for a successful transition and the establishment of new businesses, which is key to reversing growth trends in our communities.
Transitions are more likely to succeed when businesses have access to capital and can avoid debt. We assess each business opportunity based on its potential to serve the community continuously, its capacity for growth, support for its employees and clients, and whether new leadership can emerge from within the local community.
Our Process
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Find Local Business
More about SearchThe pursuit of businesses that align with our criteria is an ongoing process
requiring considerable focus, time, and energy. The dynamic nature .... -
Meet and Learn
More about MeetWhen we identify a business that requires assistance, we are eager to meet with them. We dedicate time to understanding the ....
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Partner for Purpose
More about PartnershipAfter meeting with the current owners and understanding their motivations, aspirations, and objectives for ....
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Start Fundraising
More about FundingOur business model focuses on keeping businesses and people active within the community while minimizing debt. To ....
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Acquire and Grow
More about GrowthThe acquisition phase includes all necessary steps such as due diligence, establishing a new legal structure for the company, asset .....
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Rewards
More about RewardsAs our business expands and thrives, we distribute contributions to the community and our backers in line with the campaign and their ....