The Idea Village


New Orleans, LA

Project Name 

Scaling a Gulf South Hub for Industries of the Future

Award Amount

Federal Share: $2 million
Local Match: $2 million

This EDA investment aims to align best-in-class startup support resources with the customers, capital, talent, and access to the interesting problems that serve as the raw material for venture-scale opportunities. Collectively, this investment in founders and the conditions that help them scale seeks to help accelerate the region’s development as an innovation hub and fuel founders with the potential to become the region’s next industry leaders. The program looks to help turbo-charge the region’s leading later-stage startup accelerator, improve support structures around burgeoning industry clusters, and grow the pathways that connect diverse talent across skill levels to opportunities in startups and future industries.