The Louisiana Technology Park is partnering with Propeller to expand the New Orleans-based nonprofit's Growth Accelerator program to Baton Rouge.
The partners are accepting applications for a free, three-month program that offers entrepreneurs and small business owners help growing their urban water and coastal ventures. The program offers tailored mentorships, resources and networks to participants.
The program will take place simultaneously in New Orleans and in Baton Rouge at the Louisiana Technology Park, the tech-focused business incubator on Florida Boulevard.
"We are excited to partner with Propeller to bring their proven water accelerator program to our region. Water doesn’t recognize geographic borders; the New Orleans and Baton Rouge regions are connected by the Mississippi River and protected by the same coastline. That’s why this partnership is so important," said Stephen Loy, Louisiana Technology Park executive director.
Allison DeJong, senior water manager at Propeller, said the Growth Accelerator program is designed for entrepreneurs and companies that have gained some traction and are looking to grow and scale operations and revenue.
The early feedback deadline is Jan. 20 and final deadline is Feb. 9.
The plan is to recruit Baton Rouge-area companies and entrepreneurs for both the Growth Accelerator program and Propeller's Startup Accelerator program, DeJong said. The Startup Accelerator takes place in the fall and is designed for entrepreneurs that are going from idea stage to early revenue. The Fall 2016 program drew 31 participants, a half a dozen of which were water ventures.
A question-and-answer session on Propeller's Water Challenge and the Growth Accelerator is set for 5 p.m. Wednesday at the Tech Park.
The Water Challenge is a pitch competition that will award $15,000 in total prizes to ideas to address Southeast Louisiana’s urban water, coastal environment, or local water economy.
For more information and to apply for the Growth Accelerator, visit gopropeller.org/accelerator/.