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November 1, 2018

NOLA Named “Rising Tech Hub”

Online magazine OZY, a millennial-focused news site with over 5M monthly visitors, has named New Orleans one of “Three Rising Tech Hubs that May Surprise You.”

Writes OZY: “In its post-Katrina era, New Orleans — nicknamed “Silicon Bayou” — has defied its Mardi Gras reputation to become a destination for serious tech innovators…within the past five years the city has created more than 14,000 jobs and received $7 billion in capital investment. But what exactly makes this city so appealing to tech companies and investors? For one, the state of Louisiana offers a tax incentive program for tech entrepreneurs that’s among the most generous in the country. In addition, Louisiana has committed $25 million to local colleges and universities to help develop professional programs that will respond to its rapidly growing tech sector.”

Columbus, Ohio and Wilmington, Delaware were also recognized. You can read the full article here.