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Louisiana Economic Development Directory


LA Statewide Economic Development Agencies

Louisiana Economic Development
Mary Jo Hanover
Business Development Services
1051 North Third Street
Baton Rouge, LA USA 70802
225-342-3000
hanover@la.gov
www.opportunitylouisiana.com
Would you like to advertise here? call 732-559-1265 or email Jim Semple at jsemple@groupc.com

LA Utilities

AEP Southwestern Electric Power Company
Frank Crockett
Economic Development
428 Travis Street
Shreveport, LA USA 71101
318-673-3170
fecrockett@aep.com
www.swepco.com
Association of Louisiana Electric Cooperatives
Rick Ward
Director, Economic Development
10725 Airline Highway
Baton Rouge, LA USA 70816
800-355-3450 24
rickward@demco.net
www.alec.coop
Entergy Louisiana
Shelley MacNary
Director, Economic Development
5353 Essen Lane, Suite 120
Baton Rouge, LA USA 70809
225-763-5057
smacnar@entergy.com
www.teamworklouisiana.com
Would you like to advertise here? call 732-559-1265 or email Jim Semple at jsemple@groupc.com

LA Regional Economic Development Agencies

North Louisiana Economic Partnership
Kurt Foreman
President
400 Edwards Street
Shreveport, LA USA 71101
318-677-2512
kforeman@nlep.org
www.nlep.org
As a regional economic development marketing organization, the NLEP serves businesses and their representatives who may be considering investment in a fourteen parish area of North Louisiana.
The Southwest Louisiana Economic Development Alliance
George Swift
President & CEO
120 West Pujo Street
Lake Charles, LA USA 70601
337-433-3632
gswift@allianceswla.org
www.allianceswla.org
Southwest Louisiana, We are Equipped for Opportunity! We have six ports, two major airports and numerous shovel-ready sites, buildings, plants and petrochem facilities available for development!
Acadiana Economic Development Council
Rebecca Shirley
Executive Director
211 East Devalcourt Street, P.O. Box 60385
Lafayette, LA USA 70596-0385
337-593-1411
rebeccas@teamacadiana.org
www.teamacadiana.org
Central Louisiana Economic Development Alliance
Elton Pody
President
P.O. Box 992
Alexandria, LA USA 71309
318-442-6671
ep@cenlachamber.org
www.choosecenla.org
Port of South Louisiana
Linda Prudhomme
Director of Business Development
171 Belle Terre Boulevard
LaPlace, LA USA 70068
985-652-9278
lprudhomme@portsl.com
www.portsl.com
The Coordinating and Development Corp. (Northwest Louisiana)
Gary Stothart II
Vice President, Division of Economic Development
5210 Hollywood Avenue, P.O. Box 37005
Shreveport, LA USA 71133-7005
318-632-2022
info@cdconline.org
www.cdconline.org

LA County Economic Development Agencies

Jefferson Parish Economic Development Commission
Scott Rojas
Director of Marketing
3445 North Causeway Boulevard, Suite 300
Metairie, LA USA 70002
504-833-1881
srojas@jedco.org
www.jedco.org
Lafayette Economic Development Authority
David Colligan
Director of Business Recruitment
211 East Devalcourt Street
Lafayette, LA USA 70506-1421
337-593-1415
davidc@lafayette.org
www.lafayette.org
St. James Parish Council
Audrey Temple
Economic Development Office Manager
P.O. Box 629
Gramercy, LA USA 70052-0629
225-869-1717
tourism@stjamesla.com
www.stjamesla.com
St. Tammany Economic Development Foundation
Brenda Reine-Bertus
Executive Director
21489 Koop Drive, Suite 7
Mandeville, LA USA 70471
985-809-7874
brb@stedf.org
www.stedf.org
Terrebonne Economic Development Authority
Michael Ferdinand
CEO
P.O. Box 3209
Houma, LA USA 70361
985-873-6890
mferdinand@tpeda.org
www.tpeda.org
Washington Economic Development Foundation
Ryan Seal
Executive Director
526 Georgia Avenue, P. O. Box 668
Bogalusa, LA USA 70429-0668
985-735-7565
info@wedf.com
www.wedf.com

LA City Economic Development Agencies

Baton Rouge Chamber of Commerce
David Wood
Senior VP of Economic Development
564 Laurel Street
Baton Rouge, LA USA 70801-1808
225-381-7125
dwood@brac.org
www.brac.org
City of Shreveport Economic Development
S. Albert Gilliam
Economic Development Coordinator
505 Travis Street
Shreveport, LA USA 71101
318-673-5006
sam.gilliam@ci.shreveport.la.us
www.ci.shreveport.la.us
Downtown Development District
Henry Charlot
Economic Development Coordinator
201 Saint Charles Avenue, Suite 3912
New Orleans, LA USA 70170
504-561-8927
hcharlot@neworleansdowntown.com
www.neworleansdowntown.com
Greater New Orleans, Inc.
Mark C. Drennen
President & CEO
365 Canal Street, Suite 2300
New Orleans, LA USA 70130
504-527-6939; 504-527-6900
mdrennen@gnoinc.org
www.gnoinc.org
Iberia Industrial Development Foundation
Michael J. Tarantino
President & CEO
101 Burke Street
New Iberia, LA USA 70560
337-367-0834
mtarantino@iberiabiz.org
www.iberiabiz.org
Port of New Orleans
Clay Miller
Director, Business Planning & Commercial Development
1350 Port of New Orleans Place, P.O. Box 60046
New Orleans, LA USA 70160
504-528-3324
millerc@portno.com
www.portno.com

Louisiana State Incentives

LOUISIANA FASTSTART™ is a workforce development program, providing customized workforce recruitment, screening, training development and training delivery to eligible, new or expanding companies – all at no cost. Any manufacturing, corporate headquarters, warehouse and distribution, research and development or other strategic facility must create at least 15 jobs; and, service providers must create at least 50 jobs.

The QUALITY JOBS PROGRAM provides a 5 percent or 6 percent rebate on annual payroll expenses for up to 10 years, and either a 4 percent sales/use tax rebate on capital expenditures or an investment tax credit equal to 1.5 percent of qualifying expenses. A project must create at least 5 jobs, and there are no minimum investment requirements. The program is eligible to businesses that fall within one of the state’s target industries or have total annual out-of-state sales of at least 50 percent.

The DIGITAL MEDIA AND SOFTWARE INCENTIVE provides a 25 percent refundable tax credit on qualified production expenditures and a 35 percent refundable tax credit for Louisiana resident labor expenditures. There are no minimum investment requirements and no cap on costs. The incentive is eligible to digital interactive media productions in Louisiana, excluding largely static Internet sites and products regulated under the Louisiana Game Control Law.

The MEGA-PROJECTS DEVELOPMENT FUND provides grants of up to 30 percent of the total cost of a project that creates or retains at least 500 direct jobs or that provides a major investment in the state. A project must create 500 direct jobs, create or save at least 500 direct jobs at a facility that has been closed or a facility that risks closure, or provide a minimum initial investment of $500 million through the creation of a new facility or the expansion of an existing facility. In addition, the project must provide a substantial return on the investment by the state as measured by projected tax revenues.

The RESEARCH AND DEVELOPMENT TAX CREDIT provides a refundable tax credit of up to 40 percent to businesses that conduct research and development activities (or secure certain federal SBIR/STTR grants) within Louisiana. The tax credit depends on the number of Louisiana resident employees. Companies who incur research and development expenses may be able to receive credits against state income and corporate franchise taxes. Companies whose research and development tax credits exceed their tax liabilities receive a refund from the state.

ANGEL INVESTOR TAX CREDIT: Provides up to a 35 percent tax credit for individual investors who invest in early stage, wealth-creating businesses.

ECONOMIC DEVELOPMENT AWARD PROGRAM: Provides funding for site and/or infrastructure improvements for projects creating new jobs.

ENTERPRISE ZONE: Provides a $2,500 tax credit for each certified net new job created; and either a 4 percent sales/use tax rebate on capital expenditures or income and franchise tax credits up to 1.5 percent of investment.

INDUSTRIAL TAX EXEMPTION: Provides a100 percent property tax abatement for up to 10 years on materials used in new manufacturing.

LIVE PERFORMANCE TAX CREDIT: Provides a tax credit up to 35 percent on qualified production or infrastructure development expenditures, with additional tax credits available for payroll and transportation expenditures.

MODERNIZATION TAX CREDIT: Provides a 5 percent refundable state tax credit for manufacturers modernizing or upgrading existing facilities in Louisiana.

MOTION PICTURE INDUSTRY DEVELOPMENT TAX CREDIT: A transferable tax credit of 30 percent for qualified motion picture production expenditures and an additional 5 percent tax credit for Louisiana resident labor expenditures.

RESTORATION TAX ABATEMENT: Provides a five-year 100 percent property tax abatement for the rehabilitation of an existing structure.

SOUND RECORDING INVESTOR TAX CREDIT: Provides a 25 percent refundable tax credit for qualified production expenditures on state-certified sound recording projects.

TECHNOLOGY COMMERCIALIZATION CREDIT AND JOBS PROGRAM: Provides a 40 percent refundable tax credit for companies that invest in the commercialization of Louisiana technology and a 6 percent payroll rebate for the creation new, direct jobs.


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