Propeller’s health ventures increase access to affordable, excellent healthcare and improved quality of life for all New Orleanians by helping entrepreneurs carefully cultivate a strategic mix of revenue streams such as Medicaid, Medicare, commercial health insurance, and other creative earned revenue strategies. Eligible businesses in the health focus area include:
Direct provision or delivery of healthcare
- For-profit or nonprofit with earned revenue
- Providers of direct clinical care or healthcare
- Priority Areas:
- Entrepreneurs serving a BIPOC client base
- Entrepreneurs seeking to make healthcare more accessible to New Orleanians
- Entrepreneurs seeking to grow their staff in the next 12 months
Provision of services impacting social and physical determinants of health
- For-profit or nonprofit with earned revenue
- Providing services impacting social and physical determinants of health
- Priority Areas:
- Entrepreneurs serving a BIPOC client base
- Entrepreneurs seeking to make healthcare more accessible to New Orleanians
- Entrepreneurs seeking to grow their staff in the next 12 months
The Challenge
- Louisiana ranks 49th out of 50 states in overall health, taking into account the measures of community and environment, policy, clinical care, and behaviors.
- The gap in life expectancy between the city’s most affluent and most disadvantaged neighborhoods is 25 years.
- Black women in Louisiana are three times more likely to have a low birth weight infant than White women and almost twice as likely to give birth preterm or experience death of a child under 1 year of age.
- 30% of Orleans Parish residents report not having a regular doctor; the national average is 22.4%.
Our Strategy
- The Impact Accelerator Program: Growth Track supports entrepreneurs with established businesses in growing revenues and staff
- The Impact Accelerator Program: Startup Track supports early stage entrepreneurs with business planning and development of core business systems
Our Impact
To date, Propeller has served over 60 organizations working to improve the health and wellness of New Orleanians. Click here to learn more about our impact.
“Propeller is an amazing program for any small business owner to participate in! The amount of resources they expose each venture to and the amount of connections you make while in this program is unmatched! I strongly encourage others to participate if you are looking to grow and excel your business. Propeller has drastically taken my business to the next level!””
Jhané Garner, Recoup 360