October 25th, 2013
Thursday, November 7th read more
It’s Wednesday, October 22 and 4:37pm in Downtown New Orleans.
Five arts-based startup enterprises will compete for a prize valued at $25,000 in the inaugural Downtown Development District's "Downtown NOLA Arts-Based Business Pitch." Pelican Bomb, 2-Cent Entertainment, GotPlanz, Porter Lyons, and Sarah Dunn Art will make their final pitches on Tuesday, March 19, as part of New Orleans Entrepreneur Week, the premier annual festival for startups and developing businesses spearheaded by The Idea Village.
The goal of the competition is to identify local arts-based entrepreneurs who have the potential to develop and/or grow a business that will positively contribute to the vitality of Downtown New Orleans and its reputation as a destination for the arts.
"We are excited about our first Arts-Based Pitch," said DDD President and CEO Kurt Weigle. "Downtown New Orleans continues to grow as a hub of creativity and entrepreneurship, and the DDD is pleased to offer resources that foster an environment for artists and their businesses to grow and prosper."
Each of the five finalists is committed to relocating to, or conducting business in, Downtown New Orleans.
The DDD and its partners, including Corporate Realty, Jones Walker, Postlethwaite & Netterville APAC, Creative Alliance of New Orleans (CANO), Louisiana Cultural Economy Foundation (LCEF), Barrios, Kingsdorf & Casteix and Wisznia & Associates, will award a prize package of seed capital and pro bono legal, accounting, PR, and real estate services to the winner.
New Orleans Entrepreneur Week, scheduled for Saturday, March 16 – Friday, March 22, is the culmination of The Idea Village's annual Entrepreneur Season. For more information, visit www.ideavillage.org.
"The transformation that's taking place in New Orleans both socially and economically is stunning." World Trade 100 Magazine
Downtown is at the center of 12 neighborhoods that are home to almost 40,000 residents with a strong income and education profile
Downtown is a collage of 8 distinct neighborhoods that includes 4 historic districts.
Downtown's population has doubled in the past 10 years to 5,100 residents. It is expected to double again by 2020.
New Orleans ranked #1 Top Cities for Information Jobs in the U.S. Forbes
Downtown is 1.2 walkable square miles
Downtown welcomes approximately 120,000 people on a given week-day, enough to make it the fourth largest city in Louisiana
New Orleans ranked #2 employment market in the country Manpower