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Economic Stimulus and Job Creation

The LPFA has been very active in encouraging and achieving job growth, economic expansion and economic diversification for the people of our state. It has worked with chambers of commerce, the State Department of Economic Department, local economic development professionals, utility companies, and local governmental entities statewide to assist them in their efforts. The LPFA has conducted numerous seminars statewide, assisted in business development trips to foreign countries, hosted foreign officials and business professionals, and sponsored appropriate functions that foster economic accomplishment for Louisiana, and helped bring billions of dollars of outside capital into Louisiana.
 
While the LPFA once had the capacity to make direct grants to worthwhile entities and projects actively engaged in achieving these goals (making over 72 grants statewide totaling over $5 million), current economic realities no longer make feasible such direct cash investments. Still, the LPFA can point with pride to many active, ongoing and successful projects that are of great benefit to the state. The LPFA is pleased to have played a major role in assisting their startups. Just a few of these include the following:
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The Audubon Institute
Business Incubators
Greater New Orleans, Inc.
Tax Free Shopping
Academic Distinction Fund
Partnership for Technology and Innovation



 

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