Our approach to driving change
Propeller takes a sector-based approach to driving innovation in New Orleans. We focus on incubating viable solutions in four main areas: food access, water management, health, and educational equity. We believe these four sectors have the greatest potential for entrepreneurs to create social impact and financial sustainability in New Orleans.
We select sectors based on our level of expertise, established relationships and partnerships, opportunities for market-based solutions to make a significant impact, sustainable revenue streams for solutions in the sector, feasibility of incubating viable companies in the sector, and the likelihood that a critical mass of entrepreneurial solutions would have the potential to create systemic change.
Within each sector, we identify the problems, gaps, value chain, and seek to understand who is currently driving and working in the space. We work with key players to explore ideas for actionable, market-based opportunities to address the current challenges, and we help incubate ventures with the capacity to bring those ideas to life.