“We are focused on creating jobs, putting people back to work, and ensuring access to economic prosperity for all New Orleanians,” said Mayor Landrieu. “I am pleased to partner with President Barack Obama to develop innovative ways like this forum to get capital on the street and to support local and disadvantaged businesses. President Obama’s continued commitment to New Orleans has been extremely beneficial to our recovery, and our network of entrepreneurs will benefit from access to this caliber of expertise and support.”
The forum follows the first Urban Entrepreneurship Summit that was held at Rutgers Business School in Newark, NJ in June. A similar event will be held in Atlanta, GA, with Mayor Kasim Reed on July 29.
President Barack Obama has laid out a vision to win the future by out-innovating, out-educating and out-building the rest of the world – a plan critical for America’s cities and long-term economic competitiveness. Earlier this year, President Obama re-launched the White House Business Council, which focuses on gathering ideas from the private sector and working in close coordination to support the growth and success of American businesses and entrepreneurs.
As entrepreneurship plays a central role in creating jobs and economic opportunity, the Obama administration is committed to creating public-private and nonprofit partnerships to support current entrepreneurs and spark a new generation of urban entrepreneurs. To focus on these initiatives to boost job growth in America’s cities, the White House Business Council, the White House Office of Public Engagement and the Domestic Policy Council are partnering with Mayor Landrieu and other mayors to concentrate on ways to strengthen urban entrepreneurship.
(FROM LANDRIEU PRESS RELEASE)
This forum is part of a series of Landrieu administration events and programs targeted at supporting local businesses. Last fall, Mayor Landrieu held the City’s first summit on economic opportunities for local businesses, “People of New Orleans Rebuilding New Orleans” at the Marriott Hotel. Over 500 local businesspeople heard presentations from the City, Sewerage & Water Board, Recovery School District (RSD), Orleans Parish School Board, Veterans Administration, University Medical Center, and US Army Corps of Engineers about upcoming capital projects and over $6 billion in procurement opportunities for local firms. The City has also partnered with Goldman Sachs, HOPE Credit Union and Delgado Community College on the $20 million 10,000 Small Businesses initiative, which links local businesses with practical business training and access to capital.
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