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A bureau within the U.S. Department of Commerce
OIE Background

Office of Innovation and
Entrepreneurship (OIE)

Louisiana Tech University


Ruston, LA

Project Name

The Fund for Louisiana's Future


Seed Fund Support

Award Amount

Federal Share

Non-Federal Share



Louisiana Tech University in collaboration with its regional partners will lead the planning, organization, and scale of the Fund for Louisiana’s Future (FLF). FLF will be a professionally-managed, member-directed seed fund designed to both provide critical capital to early-stage companies in the I-20 Innovation Corridor in northern Louisiana that utilize innovative technology, have the ability to grow rapidly, create quality jobs in the region, and create significant value for investors. In its sixth year, LaTech estimates that FLF will have raised $12m in funding, made 48 investments, and recruited 300 new individual and 30 new institutional investors.