Louisiana offers a range of programs to support job creation and workforce development. Programs like the Enterprise Zone Program and Louisiana FastStart provide tax incentives and customized training services, helping businesses grow while contributing to economic development in targeted areas across the state.
Enterprise Zone Program
- Purpose: Incentivizes job creation in economically distressed areas of Louisiana.
- Eligibility: Businesses creating permanent net new full-time jobs and hiring at least 35% of employees from targeted groups.
- Benefit: Louisiana income and franchise tax credits.
- Application process: Apply through Louisiana Economic Development.
- More info: Designed to support job growth in underserved areas.
Louisiana grants for small businesses
For Louisiana grants for small businesses, the Enterprise Zone Program provides essential tax incentives to encourage job creation in economically distressed areas, supporting businesses that contribute to local economic growth.
Other relevant programs in Louisiana
- Louisiana FastStart: Offers free recruitment and tailored training services for companies creating at least 15 new jobs, helping businesses meet specific industry workforce needs. Applications are managed through Louisiana Economic Development.
- Quality Jobs Program: Provides cash rebates up to 6% of annual payroll for new jobs in high-growth sectors, available for up to 10 years. Applications are submitted through Louisiana Economic Development and focus on industries offering well-paying jobs.
Helpful resources for small business grants in Louisiana
Louisiana Economic Development (LED)
Main website for business incentives and programs.Louisiana Small Business Development Center (LSBDC)
Offers consulting and training services.Louisiana Workforce Commission
Information on workforce training programs.Louisiana Department of Revenue
Details on tax credits and incentives.Louisiana Business Hub
Comprehensive resource directory for entrepreneurs.geauxBIZ Portal
One-stop shop for business filings and registrations.Nexus Louisiana
Provides coaching, capital, and connections for entrepreneurs.North Louisiana Economic Partnership
Information on local and state incentives.Enterprise Zone Program
Tax credit program for job creation.These resources offer a wide range of information on grants, tax credits, training programs, and other forms of assistance for small businesses in Louisiana. Remember to check eligibility requirements and application deadlines for specific programs, as these can vary.
List of small business grants
