The Program for Businesses Affected by COVID
COVID-19 disproportionately impacted Minority Business Enterprises (MBEs) in Louisiana. Many didn’t have working capital to survive five months beyond the shutdown in March 2020. Moreover, nearly 62% of those businesses do not have an online presence. In addition, COVID’s effect in rural areas was exacerbated by the lack of locally accessible entrepreneurial resources. Given these factors, the goal of this program is to work with community partners to help MBEs prevent, prepare for, and recover from the coronavirus.
We work to expand and revitalize economic development for coronavirus-impacted businesses throughout the state by providing programs that enhance existing businesses and create new venture opportunities with a special focus on (1) advancing innovation and the entrepreneurship ecosystem; (2) providing access to capital; and (3) increasing access to both local and global markets.
We Can Help You ...
- Pivot your pre-covid business into a new industry
- Revise your current marketing strategy to compete in today’s market
- Navigate PPP loan forgiveness
- Create products from your farm
- And tackle other challenges…
Our Services
- Business Consulting to improve the operations and systems of your firm in the post-Covid era
- Consulting and technical assistance for farmers
- Assistance in getting Grants & Loans to rebuild your business
- Grow revenues by helping clients source & win contracts from businesses and governments
- Increase your competitive advantage by gaining DBE, MBE, and WBE Certification
- Globalize your business by Exporting Your Products
- Increase your business skills via our online learning platform for entrepreneurial training on the go
- Expand your business presence via online platforms
About Us
The Louisiana Minority Business Development Agency Business Center helps minority-owned companies gain access to capital, increase profitability, and scale their businesses.
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