The Idea Village, a New Orleans nonprofit that works to identify and support local entrepreneurs, has received a $500,000 grant from the Ewing Marion Kauffman Foundation to help entrepreneurs launch and grow their businesses.
The grant will allow the 15-year-old Idea Village to expand its reach and increase community engagement, the nonprofit said. Idea Village was one of eight grant recipients selected from more than 300 proposals across 47 states.
“The Kauffman Foundation partnership will allow us to scale our impact by growing the New Orleans Entrepreneur Week platform to provide deeper resources to local entrepreneurs,” Tim Williamson, the Idea Village’s cofounder and CEO, said. “The foundation’s investment validates the efforts we’ve made over the last 15 years to foster an inclusive, collaborative ecosystem in New Orleans.”
The Ewing Marion Kauffman Foundation is a Kansas City, Missouri, nonprofit that promotes innovation.