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Cultural Entrepreneur Training and Investment Program – Finalists Announced!

September 26th, 2014 | In: Home

 The Catapult Fund, a new grant program that encourages small cultural businesses to take the next step in their growth and development, is sponsored by New Orleans Jazz and Heritage Foundation, Louisiana Cultural Economy Foundation, Ashé Cultural Arts Center, Capital One Bank, and the Louisiana Small Business Development Center.

Out of 89 applications the following small cultural businesses were recently chosen:

Our 12 finalists will now participate in the Catapult Boot Camp, a 9-session, 8-week  business development facilitated by Capital One Bank. During this training, the applicants will learn business strategies and create a business plan. Following completion of this training, applicants will submit business plans for funding consideration and a total of $50,000 will be awarded.

Selected Applicants Will Gain:

  • Business Education in a variety of areas, including credit, insurance and risk management, accounting and recordkeeping, and many more
  • Creation of a business plan
  • Exposure to funding opportunities for your business
  • Free Capital One savings account (Capital One will match the amount you deposit into the account by the end of the boot camp up to $1,000!)
  • Confidence and the ability to articulate your business pitch
  • Strategies to increase your revenues and profits
  • A professional business consultant to work one-on-one with during the program and beyond

Catapult Fund 2014 is a pilot program.  Hopefully our partners will repeat the program in 2015.

So NOW is the time to start thinking about your eligibility!

  • You are a small cultural business in Louisiana*
  • Your business has been in operation for at least one year
  • Your business has gross annual revenues less than $500,000
  • Your business addresses a gap or void in the cultural industries
  • You need training and best business practices
  • You need to learn how to write a business plan
  • You need access to financial resources and capital
  • You are willing to commit to a 9-session training program over an 8-week period in New Orleans, LA, or electronically?

*Eligible businesses are those whose main area of focus is in one or more of the following:

  •  Dance
  • Theater
  •  Music
  • Film
  • Visual art
  • Digital media
  • Design
  • Culinary arts
  • Literary
  • Fashion
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Louisiana Cultural Economy Foundation – Who Are We and What Do We Do?

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The primary mission of LCEF is to be a catalyst for the development and enhancement of the distinct cultural industries of Louisiana by promoting the economic health and quality of life of our cultural economy workforce. The Louisiana Cultural Economy Foundation (LCEF) was launched as a result of then Lieutenant Governor Mitchell J. Landrieu’s Cultural […]

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