VC  New Orleans Startup Fund

http://www.neworleansstartupfund.org





     Office Locations:

1100 Poydras Street, Suite 3475
New Orleans, LA 70163
Phone: 504-527-6900

 

Stages:

  • Early
  • Seed


 

Industries:

  • Education & Training
  • Information Technology
  • Transportation & Distribution

  •  

    Description:

    The New Orleans Startup Fund is a nonprofit venture fund focused on business creation and innovation in the 10-parish Greater New Orleans region. The Fund exists to accelerate the growth of early-stage, pre-revenue companies looking for proof-of-concept capital. The operations of The Startup Fund are housed within GNO, Inc., the economic development organization for Greater New Orleans. The strategy consulting firm Elstrott, Maurer & Hunnewell, LLC (EMH) is assisting in the vetting process and providing technical portfolio support. The Startup Fund invests between $25,000 and $100,000 per company. Applicants must be headquartered and committed to creating jobs in Greater New Orleans' 10-parish region. Entrepreneurs must demonstrate that they have high-potential business models or ideas that are capable of attracting significant funding from private investors. The fund does not limit the sectors it will consider.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Benjamin Allen Vice Chairman
    Jimmy Roussel Entrepreneur in Residence
    Leslie Jacobs CEO

     

    Portfolio companies include:


      adverCar
        web link


      Bioceptive
        web link


      Drop the Chalk
        web link


      Golden Leaf Energy
        web link


      Kickboard for Teachers
        web link


      Zilen
        web link


     

    Recent News: