By Rodrick Miller, President & CEO
Data and metrics are among the sharpest tools in our toolkit to drive progress in New Orleans. When we have accurate information on our economy and quality of life, we can provide a clearer picture of New Orleans’ economic health, dispel or reinforce perceptions about our competitiveness when compared with other communities, and prioritize areas of focus to ensure long-term prosperity. Reports such as The Data Center’s Index at Eight and the City of New Orleans’ recently released 2013 ResultsNOLA Report provide data to help build the case for investment in New Orleans and frame the conversation around the great opportunities our city presents.
In line with the Landrieu administration’s commitment to improving the accountability, transparency, and performance of City government, ResultsNOLA provides quarterly updates on the progress towards goals for all City of New Orleans departments. The 2013 year-end ResultsNOLA report includes a number of economic, quality of life, and other metrics relevant to our work. Specifically, ResultsNOLA offers exciting insights into New Orleans’ economic health as compared with benchmark communities such as Raleigh, Miami, and Nashville. These comparisons help contextualize New Orleans’ value proposition for corporate investment, and perhaps offer a few surprises in terms of our ability to compete with similar Southern cities.[Continue Reading...]
by Rodrick Miller and Tim Williamson
Next week, we will gather together as a community to support and celebrate our local entrepreneurial ecosystem at the 6th annual New Orleans Entrepreneur Week (NOEW), March 22–28. The incredible lineup of over 80 unique events and activities this year are designed to offer entrepreneurs in a variety of industries and at varying stages of startup development the opportunity to connect with expert advisors, potential investors, and audiences.
We all want a brighter economic future in New Orleans, and NOEW is one initiative that is helping us achieve it. In alignment with ProsperityNOLA: A Plan to Drive Economic Growth for 2018, NOEW is our signature annual event to support entrepreneurship and innovation in our community. NOEW also positively impacts New Orleans’ economy in other critical ways. By drawing national media attention to our emerging entrepreneurial community, NOEW generates positive perceptions about doing business in New Orleans that will increase investment in our market. Additionally, by collaborating with diverse local partner organizations, The Idea Village is able to effectively leverage resources and generate broader community support and programmatic diversity for NOEW each year.[Continue Reading...]
Today, New Orleans Startup Fund CEO Leslie Jacobs was joined by the New Orleans Business Alliance (NOLABA), Advisor to the Mayor for Economic Development Aimee Quirk, representatives of Chevron, the 2014 ESSENCE Festival™ Presented by Coca-Cola®, Greater New Orleans, Inc. (GNO, INC), and a host of dignitaries and business leaders to launch PowerMoves.NOLA, an initiative to support minority entrepreneurs by providing access to capital, high-impact mentors, and technical assistance. PowerMoves.NOLA grew out of recommendations made in ProsperityNOLA related to entrepreneurship, small business growth, and equity.
Read stories about PowerMoves.NOLA from:
Watch video about PowerMoves.NOLA from:[Continue Reading...]
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.