City Hall will resume normal business hours on Friday, September 2, 2011.
MIDSOUTH BANCORP INC. RECEIVES $32 MILLION
Today, the U.S. Department of the Treasury announced that MidSouth Bancorp, Inc. (LaFayette, Louisiana) has received $32.0 million through the Small Business Lending Fund (SBLF). The SBLF, which was established as part of the Small Business Jobs Act that President Obama signed into law, encourages community banks to increase their lending to small businesses, helping those companies expand their operations and create new jobs.
“These funds will provide a powerful incentive for community banks to expand their lending to small businesses, spurring new investment and job creation” said Deputy Secretary of the Treasury Neal S. Wolin. “Breaking down barriers to credit will provide critical support to Main Street entrepreneurs looking to invest in their local communities, grow their businesses, and put more Americans back to work.”
To date, with today’s announcement, four Louisiana community banks have now received a total of $130.2 million in SBLF funding. For a full list of Louisiana community banks that have received SBLF funding to date, please visit link for the most recent SBLF transaction report.
– The Louisiana Workforce Commission will hold a job fair for veterans and the general public on Wednesday, Sept. 7, at the Baton Rouge Crowne Plaza Hotel at 4728 Constitution Ave.
The first two hours, from 9 a.m. to 11 a.m., are reserved for veterans only. The final two hours, from 11 a.m. to 1 p.m., are open to everyone.
Scheduled to participate include Hancock Bank of Louisiana; Crowne Plaza Hotel; Convergys - Baton Rouge; Veterans Upward Bound Program; Cox Communications; WVLA NBC33 / WGMB FOX44 / WBRL CW21 / KZUP RTV19/ThisTV; Bollinger Shipyards, Inc.; Blue Cross and Blue Shield of La.; PepsiCo-Frito-Lay; Schneider National; East Baton Rouge Parish Library Career Center; Guaranty Broadcasting Company of Baton Rouge, LLC; Cintas; Louisiana Troops to Teachers Program; United Blood Services - Baton Rouge; Volunteers of America; Veterans Administration; St. James Place; Barrister Global Services Network, Inc.; The Blood Center; University of Phoenix Military Division; Piccadilly; Turner Industries; CAP Technologies, LLC; Capital Area Technical College; United States Army; Kansas City Southern; Coca-Cola Bottling Company United, Inc.; La. Dept. of State Civil Service; Blake International USA Rigs, LLC; Dept. of Transportation and Development; and U.S. Customs - Border Protection.
Job seekers should bring copies of their résumé and be prepared to interview.
Workforce Commission services are offered at no cost to employers and participating job seekers.
Landrieu and Business Mission To Israel
Chair of the Senate Committee on Small Business and Entrepreneurship, today invited Louisiana's energy-related businesses to participate in an upcoming Department of Commerce Certified Trade Mission to Israel organized by the Southwest Louisiana Economic Development Alliances.
Sen. Landrieu, who is also a member of the Senate Energy and Natural Resources Committee, plans to take part in the Oct. 23-27 trade mission, which will include business briefings, seminars, meetings and site visits with key companies in the Israeli energy sector.
“It is good news for our state’s economy that the Southwest Louisiana Economic Development Alliance is working with the Department of Commerce to organize a trade mission to Israel focused on oil and gas,” Sen. Landrieu said. “There is great potential for future collaboration between the two countries, and I look forward to working with everyone involved to make the trade mission a success.”
International trade between the United States and Israel has strengthened since the signing of the Israel Free Trade Area Agreement in 1985, resulting in the dramatic reduction of trade tariffs on commerce between the two nations. The United States is Israel's largest single-country trading partner, with U.S. exports to Israel of $6.7 billion in 2010.
For more information, please contact: David Conner of SW Louisiana Economic Development at [email protected] or Brie Knox of the U.S. Department of Commerce at [email protected]. The deadline for applications is September 2.
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