Entrepreneurial Accelerator Program
EAP serves as the region’s startup accelerator and small business resource, analyzing the viability of ideas and products, matching entrepreneurs with informed investors and other funding opportunities and nurturing them through the critical steps toward market. EAP provides a suite of services to build sustainable and profitable companies in North Louisiana.
Launched in 2014 as a public/private partnership between BRF, the Caddo Parish Commission and the City of Shreveport, EAP provides the services and resources to accelerate the creation of the innovation ecosystem in Northwest Louisiana by creating a one-stop shop for a comprehensive pipeline from idea to market.
As of 2020, EAP has screened more than 1,000 ideas, products or services and aided in funding 93 of them. EAP portfolio companies have brought more than $103 million in new capital to the area.
EAP’s team of analysts work alongside entrepreneurs, working on everything from the business plan and model, market and financial analysis to prepping to receive funding, such as angel investment.
The North Louisiana Entrepreneurial Accelerator Program (NorLEAP) is an expansion of EAP services across 21 North Louisiana parishes. The expansion, funded by BRF and a grant from the U.S. Economic Development Administration, means that entrepreneurs in North Louisiana from the Mississippi River over to the Texas state line can now receive EAP services as they prepare to launch their businesses.
NEW LOUISIANA ANGEL FUNDS
Launched in 2015 and 2018, New Louisiana Angel Fund (NLAF) 1 and 2 are North Louisiana’s first accredited angel investment funds and together have raised almost $6 million for investment in North Louisiana-based businesses. The funds are managed by BRF with local accredited investors making all investment decisions. Companies pitching to NLAF investors receive startup services from EAP.
BRF-SEII EMERGING CHALLENGES CONSORTIUM
To learn more about the BRF-SEII Emerging Challenges Consortium, follow the link below.
VISIT THE WEBSITE
To learn more about Entrepreneurial Accelerator Program (EAP) services and to apply, follow the link below to the EAP official website.
FOR MORE INFORMATION CONTACT
This webpage was prepared by BRF using Federal funds under award 08.69.05253 from the Economic Development Administration (EDA), U.S. Department of Commerce.
The statements, findings, conclusions, and recommendations are those of the author(s) and do not necessarily reflect the views of the EDA or the U.S. Department of Commerce.
Learn more about EAP and its initiatives at the EAP YouTube channel.
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