New Orleans Startup Fund
The New Orleans Startup Fund is a non-profit 501(c)(3) evergreen seed fund established by Greater New Orleans area business and financial leaders to accelerate the growth of early-stage, innovative businesses into venture-ready companies. The Startup Fund’s mission is to create jobs and economic prosperity for the 10-parish region of Greater New Orleans by providing seed capital and business assistance to early-stage firms that demonstrate significant growth potential.
The Startup Fund’s mission is to help strengthen the Greater New Orleans region’s entrepreneurial ecosystem by:
- Developing a portfolio of companies that will create jobs, wealth, and opportunity;
- Building and strengthening the local angel investment network; and
- Attracting external venture capital to a region rebranded for innovation.
The result will be a stronger, more diverse economy for the future of New Orleans.
The StartupFund aims to add a capital resource to Greater New Orleans by providing early-stage, “proof-of-concept” funding for innovative companies in the region.
The Startup Fund has invested over $2 million in more than 40 companies. Those companies have gone on to raise $65 million dollars.
Rankings & Facts/Figures
City USA for Young Entrepreneurs
City where entrepreneurship is booming
New OrleansEntrepreneur Magazine
State in the USA to Start a Company
(Louisiana)Tax Foundation & KPMG
New Orleans Startup Fund Announces New Investments
The Startup Fund has announced they have invested in three new portfolio companies.