Proof of E-xistenceIn Greater New Orleans

That is, Proof of Entrepreneurship in Greater New Orleans June 18, 2015

Per The Data Center of Greater New Orleans: “Entrepreneurship  con.nues  to  boom  -­‐-­‐  reaching  56  percent  higher  than  the  na.on  and  33  percent  higher  than  aspira.onal  metros.”    

(Before  Katrina  was  25  lower  than  the  na2on.)  

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Start-ups Per Capita is Surging

Source: GNOCDC “Katrina at 8 Index”Note: “Katrina at 10” numbers are even better (64%), but are still embargoed

1.  Data – 56% more startups per capita than US average2.  Patent Activity – Up 67% in five years3.  Knowledge Industries - #2 growthin the USA4.  Rankings – Louisiana #2 in the USA for new companies5.  Inclusive Innovation – PowerMoves.NOLA6.  Development of a rich, supportive ecosystem7.  Place-based entrepreneuship development8.  Third party validation

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Proof of E-xistence in Greater New Orleans

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Start-ups Per Capita is Surging

Source: Kaufman Index of Entrepreneurial Activity

+56%

- 25%

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FYI  -­‐  “Weak  City”  metros  

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FYI  –  “Aspira7onal”  metros  

Patents have risen 67% in five years in the New Orleans metro.

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Patent Activity is on the Rise

70

115

8578

86

100 97102

131

0

20

40

60

80

100

120

140

2005 2006 2007 2008 2009 2010 2011 2012 2013

Patents by Year(New Orleans MSA)

Source: US Patent and Trademark Office

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New Orleans is #2 in the USA for Growth in “Knowledge Industries”

Source: EMSI

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FYI – What are “Knowledge Industries?”

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Louisiana was Ranked #2 State in the USA to Start a Company

Source: Tax Foundation and KPMG

PowerMoves.NOLA aims to make New Orleans the national hub for minority entrepreneurship, and is now being exported to Detroit and Pittsburgh.

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New Orleans is Establishing a Brand for “Inclusivity in Innovation”

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A Rich Entrepreneurial Ecosystem Has Developed

Capital  Hub  Incubator  Research  

Idea  Village  

Launchpad  &  Launchpad  Igni2on  

Pennington  

New  Orleans  Bio-­‐Innova2on  Center  (NOBIC)  

Churchill  

IceHouse  

Convener  

LRI  

Tulane  HS  

Tulane  BME/EE  

LSU/UNO/Xavier  

LVC  

Stennis  

Net2NO  

NOSF  

PSPs  

GNO,  Inc.  

EO  Accelerator   The  IP,  IPN  

Southcoast  

Argent  

BVM  

Enhanced  

Advantage  

LongueVue  

SAIL  Building  Block  

=  Nonprofit =  For-­‐profit

LRI  =  Levy-­‐RosenblumInstituteLVC  =  Louisiana  Vaccine  CenterPSPs  =  Professional  Service  Providers

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Place-Based Entrepreneurship Development

I.P. Building

Entrepreneurs Row

Exchange Center

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Multiple Third-Party Validation: