Monday, November 13, 2023

La. stimulus pot mired in red tape

It may be small potatoes compared to the billions of dollars in stimulus money pumped into Louisiana over the last few years, but a $113M allocation for the state's most promising small businesses is expected to have a major impact for under-served communities, military veterans, rural areas and Black entrepreneurs targeted for the majority of the investment. 

But investors tasked with funneling the monies to companies are worried that Louisiana Economic Development's snail-like pace could mean the opportunity will be lost.

What should be done? (NOLA.com 11/13/23) Louisiana SSBCI startup stimulus stuck in red tape | Business News | nola.com

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