21 February 2018

NEW ORLEANS, LA (Feb. 20, 2018) – Today, Propeller published a new online resource library for New Orleans entrepreneurs. The page includes how-to guides and resource lists for nonprofits and businesses seeking to launch, get funding, and grow in the Greater New Orleans area.

Though the New Orleans metro area boasts a business formation rate 68% higher than the national average, that prosperity has not yet been equitably enjoyed by all New Orleans business owners, particularly people of color. When examining racial inequity in entrepreneurial success, outcomes are typically determined by access to the three C’s: contracts, contacts, and capital.

This new resource page seeks to enhance the accessibility of information in each of these three areas. Current resources include 23 Ways to Fund Your Business, Getting Certified As a DBE, MBE or WOSB, and Getting Funding For Your Nonprofit. Propeller will add to the page on an ongoing basis and welcomes suggestions for topics and local experts interested in authoring future posts.

23 Ways to Fund Your Business: provides an eye-opening long list of grants and funds accessible for New Orleanians looking for loan, debt, and/or equity financing.

Getting Certified As a DBE, MBE or WOSB: knowing that entrepreneurial success has not been equitably enjoyed by all New Orleanians, we put together a resource outlining various certifications for Disadvantaged Business Enterprise, Minority Business Enterprise and Women-Owned Small Business.

Getting Funding For Your Nonprofit: An article highlighting a number of options available to nonprofit organizations, including grant financing, taking out loans, and receiving donations.

Join us in making foundational knowledge more accessible to the community. We’ll be sharing new resources across our digital channels so make sure to catch us on your social media network of choice!