Great ideas with measurable impact
Propeller’s impact spans from job creation and economic growth to measurable improvements within our four target sectors.
131 ventures launched since 2011 through Propeller’s accelerator programs, including a local food hub, a maternal health collective, an education design studio, and a wetland mitigation company.
- 300+ full- and part-time jobs created, contributing to an expanded workforce in New Orleans.
- $74 million in external financing and revenue collectively generated by Propeller Ventures and Alumni.
- $100,000+ in seed funding awarded to ventures through sector-based PitchNOLA competitions
- Collaborated to pass and implement state policy for universal school lunch participation and Benefit Corporation legislation providing an alternate corporate entity for social ventures.
- Food access: 43% of New Orleans public school children receiving healthy school meals in 2014; $9.8 million in annual revenue generated to support healthy school meals for children; construction of a 27,000 sq. ft. market and distribution center for local food in Central City; facilitation of over 120 agricultural redevelopment projects throughout New Orleans.
- Water Management: 10 acres of urban land (valued at $300,000) donated for preservation; rehabilitation of over 1,330 acres of wetlands funded by mitigation credits; a projected 1,500,000 gallons of stormwater runoff kept from the water system annually to prevent urban flooding; over 200 reporters, documentarians, authors, and politicians educated on immediate water issues facing our coast.
- Health: 400+ families receiving doula services, including 200 low-income, receiving services for free; over $1 million in financial support and medical care secured for the New Orleans children with disabilities; $1.2 million in financing raised to build a community cultural and health center in Broadmoor, serving 750+ community members since August 2015; insurance decision-making algorithm developed in partnership with Enroll America to increase national insurance enrollment.
- Educational Equity: 11,500 educators innovating in the classroom, collectively impacting 250,000+ students; 300+ partner school trainees and 41 facilitator trainees to support students and prevent youth violence from interfering with learning; over 6,000 elementary students receiving health screenings (vision, hearing, dental, and immunization).