May 2014 28

ProsperityNOLA - logo


Today we are excited to release our sec­ond Pros­per­i­tyNOLA Strate­gic Advi­sory Coun­cil Update. This update details our activ­ity toward the imple­men­ta­tion of Pros­per­i­tyNOLA from March – May 2014. Pros­per­i­tyNOLA is the com­pre­hen­sive plan to drive eco­nomic growth in New Orleans by 2018, the City’s tri­cen­ten­nial anniver­sary. We are proud to report great strides on the fol­low­ing projects:

  • Devel­op­ing a tran­si­tion strat­egy for the BioDistrict
  • Launch­ing PowerMoves.NOLA
  • For­mu­lat­ing an Anchor Insti­tu­tion Strategy
  • Devel­op­ing a High School Career Tech­ni­cal Edu­ca­tion (CTE) Program
  • Con­tin­u­ing work toward achieve­ment of Indus­try Coun­cils’ 2014 priorities

Click here to access the com­plete Pros­per­i­tyNOLA update. 

May 2014 22

photo 1
Today, Cobalt Med­ical Devel­op­ment broke ground on a new reha­bil­i­ta­tion facil­ity, fuel­ing expan­sion of the Bio Med­ical Cor­ri­dor. The devel­op­ment, set to take place on a cur­rently vacant lot, brings to New Orleans a $22 mil­lion cap­i­tal expen­di­ture project that will result in 165 per­ma­nent jobs and a state-of-the-art med­ical facil­ity and reha­bil­i­ta­tion hospital.

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May 2014 21

2012-05-08 18.02.50
Today, Mayor Mitch Lan­drieu, the Mayor’s Office of Eco­nomic Devel­op­ment and the New Orleans Busi­ness Alliance touted a 9.6 per­cent growth in the City’s sales tax rev­enue over 2013. In the quar­terly Rev­enue Esti­mat­ing Con­fer­ence, com­mit­tee mem­bers cited pos­i­tive trends in pop­u­la­tion growth and vis­i­tor attrac­tion efforts as key dri­vers in addi­tional rev­enue col­lected by the City. Simul­ta­ne­ously, City Offi­cials note the attrac­tion of nation­ally rec­og­nized retail­ers and devel­op­ers as a source of that growth.

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May 2014 01

by Rodrick T. Miller, Pres­i­dent & CEO
The nation’s lead­ing microbusi­ness event, The Asso­ci­a­tion for Enter­prise Oppor­tu­nity (AEO) National Con­fer­ence, will be held in New Orleans May 5 — 7 at the Astor Crowne Plaza. AEO engages pol­i­cy­mak­ers, busi­ness lead­ers, social entre­pre­neurs, and com­mu­nity activists in ongo­ing col­lab­o­ra­tion regard­ing the crit­i­cal role the small­est busi­nesses have in cre­at­ing jobs and grow­ing the nation’s econ­omy. AEO’s work is closely aligned with our strate­gic five-year plan for New Orleans, Pros­per­i­tyNOLAAEO and Pros­per­i­tyNOLA share com­mon goals: drive job and wealth-creation oppor­tu­ni­ties.  Specif­i­cally, the strands of our plan that rec­og­nize the impor­tance of grow­ing small busi­nesses and equity as a growth strat­egy are directly aligned with AEO’s work around micro­cap­i­tal and their cat­a­lyst ini­tia­tive.  A sure path to that end is sup­port­ing microbusiness.

Access detailed infor­ma­tion on the AEO National Con­fer­ence in New Orleans and a sched­ule of events here.

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