Greater New Orleans

Greater New Orleans Inc., Investment Arm is a venture capital firm investing through its nonprofit venture capital fund, New Orleans Startup Fund. The firm specializes in providing growth and seed capital, and investments in start-ups and early stage companies. The firm does not invest in retail location, restaurant, manufacturer’s rep, and distributor sectors; companies having a deal of more than $2 million; and companies looking to move to New Orleans. The firm requires its portfolio companies to be based in the New Orleans and Southeastern Louisiana including Jefferson, Orleans, Plaquemines, St. Bernard, St. Charles, St. James, St. John the Baptist, St. Tammany, Tangipahoa, and Washington parishes. It typically provides loans or invests between $0.025 million and $0.25 million per company and $0.050 million and $0.1 million in startups having revenues between $20 million and $50 million in five and seven years. Greater New Orleans Inc., Investment Arm was founded in 2010 and is based in New Orleans, Louisiana.