LA Launch – Lake Charles
In May 2023, LCCF plans to break ground on the development site for the future home of The LA Launch Center - Lake Charles. Economic development is vital to the sustainability of our communities. This project will be a catalyst for small business establishment and growth in the Lake Charles region. The LLC – Lake Charles will be designed to offer an incubator program, co-working space, private offices, drop-in desk availability, conference rooms, and event space within its business innovation center (BIC). The technical assistance and incubator services will serve various industries including manufacturing, professional services, technology, agriculture, environment, and construction. Our programs will focus on identifying, supporting and helping to build the capacity of our local business community.
SMALL BUSINESS LOAN PROGRAM
The Small Business Loan Program is a lending program to assist disaster-impacted small businesses with non-construction expenses. The purpose of this program is to aid in the recovery of small businesses located in eligible areas that were affected by Hurricanes Laura, Delta, Ida, and/or the May 2021 Severe Storms.
The state will provide program assistance to eligible businesses and/or non-profit organizations through participating non-profit lenders, who will implement and administer a lending program to assist impacted businesses and non-profits. The state will enter into sub-recipient agreements with implementing partners including local community development organizations such as non-profits, community development financial institutions, local credit unions, and other eligible organizations.
Learn More: https://www.restore.la.gov/small-business-loan-program