The Director of Industry will own industry cluster work streams associated with action plan recommendations per the City’s five-year strategic economic development plan — “ProsperityNOLA: A Plan to Drive Economic Growth for 2018.” Implementing tactics and driving results, the Director of Industry will bring ProsperityNOLA’s recommendations to life, positively impacting the economy of New Orleans for years to come.
The Director of Industry will also be responsible for performing fiscal analysis and economic research, providing prospect business intelligence, and developing strategic opportunities for the New Orleans Business Alliance to execute high impact economic development activities.
by Rodrick Miller, President & CEO
As we celebrate the accomplishments and contributions of African Americans to our nation this Black History Month, I want to personally acknowledge the incredible progress African Americans and African American businesses have made in New Orleans. Great strides have been made in the last generation: between 1982 and 2007, the number of minority-owned companies with employees in the city has grown 390%. With that said, New Orleans has a long way to go to achieve a truly equitable economic future.[Continue Reading...]
Greater New Orleans, Inc., GE Capital Technology Center, and the New Orleans Business Alliance are proud to announce that a group of local technology companies have joined forces to build local awareness of the rapid momentum of and employment opportunities in the technology community. The coalition will kick off this effort by sponsoring new ‘Big River Stage’ at this year’s New Orleans French Quarter Festival. Participating companies include 365 Connect, Carrollton Technology Partners, CotingaSoft, Fat Happy Media, Federated Sample, GE Capital Technology Center, LaunchPad, NOVO Communications, Search Influence, Touch Studios, and TurboSquid.
The technology sector in Greater New Orleans has boomed in recent years and was recently named the #3 city in America winning the battle for IT jobs, behind San Francisco and Silicon Valley. And the sector is poised for continued growth with aggressive digital media incentives, favorable tax climate, workforce availability, unique culture, and competitive business climate.
Local technology companies interested in joining this coalition or sponsorship opportunity should contact Tracy Thomas at Tracy.Thomas@ge.com.
We are pleased to release our 2013 Business Retention & Expansion Report, featuring the results of nearly 150 Orleans Parish companies that were surveyed online and in person in 2013. The report provides an overview of the business climate in New Orleans, from the perspective of companies in diverse industries.
We are excited to report that overall, the New Orleans business community is growing and optimistic about the future:
A majority of companies surveyed reported increased customers, sales and profits in 2013:
The survey captured diverse New Orleans companies, including minority-owned businesses:
The 2013 Business Retention and Expansion survey is one way we support existing Orleans Parish businesses. Last year, we provided assistance, ranging from demographic data to permitting, to 51% of companies we surveyed in 2013. The results we gathered from the survey will inform our work moving forward in 2014 to create jobs and drive economic growth in New Orleans.
NOLABA is hiring a third party contractor to assess the financial capacity of the New Orleans market to fund the five year strategic plan, ProsperityNOLA along with other NOLABA led initiatives. This would inform a three year fundraising strategy beginning in January 2015 and ending December 2017.
Click here to download the complete project description and proposal submission instructions. Proposals will be due on or before March 15, 2014 at 5:00 p.m. CST.
For more information, contact the New Orleans Business Alliance at 504.934.4500. or email RFP@nolaba.org.
Firm returns to its New Orleans roots with project resulting in more than 210 new direct and indirect jobs
Today, Gov. Bobby Jindal and International Shipholding Corp. President Erik L. Johnsen announced the company will relocate its corporate headquarters from Mobile, Ala., to New Orleans, where the business was founded in 1947. Listed on the New York Stock Exchange as ISH, the company owns and operates a global fleet of waterborne cargo vessels. ISH recorded annual revenue of more than $310 million in its just-concluded 2013 fiscal year. After Hurricane Katrina, recovery challenges led the company to relocate its corporate headquarters to Mobile.
In New Orleans, ISH will create 100 new direct jobs at a 45,000– to 50,000-square-foot headquarters facility in the city’s Warehouse District, where the company will soon complete a purchase of property already under contract. The new direct jobs will average $70,000 per year, plus benefits, and LED estimates the project will result in an additional 113 new indirect jobs, for a total of more than 210 new jobs in the greater New Orleans area.[Continue Reading...]