Community Economic Development

In community economic development, Propeller's Impact Accelerator supports BIPOC entrepreneurs operating brick and mortar establishments along the Broad Street corridor, in New Orleans East, and in Central City seeking to grow their revenues and staff.

Propeller’s Impact Accelerator is sponsored by the Clif Family Foundation, Capital One, Nasdaq, RosaMary Foundation, WK Kellogg Foundation, Baptist Community Ministries.

For additional information, view our Program Overview or our FAQ.

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Program Eligibility

Eligibility Category: Black-owned Brick and Mortar Storefronts

For-profit
Operating a brick-and-mortar storefront
Headquartered on or along North/South Broad Street, Central City, or New Orleans East
Majority (50%+) owned by Black entrepreneur(s)
Preferred: Storefront business that has existed in the neighborhood for 3+ years with the desire to stay in the neighborhood, create livable wage jobs, and build strong community ties
Preferred: Businesses with stated intention of growing revenues and team through commercial and/or government contracts

Success Story

JB Holton & Associates

“The biggest thing I think I learned during the Propeller program was more that it takes a real team to be successful. Growing up, I always played team sports, so I understand the team concept. But, finding the right players to be part of your team is pivotal. You can’t just think you can do it all yourself. You really have to trust other peoples’ judgement and those that have been there before you who can guide you through this process. I forever feel like Propeller is family, and I look forward to continuing to work together.” - Joel Holton, J.B. Holton and Associates

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