Tuesday, 09 September 2014 16:57

The Beatles; New Orleans 14th best for Hispanics; BRAC; Biotech; South Coast

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helpLouisiana business news buzz for today: New Orleans 14th best for Hispanics, The Beatles in New Orleans anniversary,  BRAC, South Coast Capital, New Orleans Biotech--right off the press (releases)


New Orleans 14th best for Hispanics

With Sept. 15 marking the start of National Hispanic Heritage Month and Hispanics opening businesses more than two times faster than the national rate, the leading personal finance social network WalletHub conducted an in-depth analysis of 2014’s Best and Worst Cities for Hispanic Entrepreneurs.

To help Hispanic entrepreneurs find the most fertile ground for their enterprises, WalletHub assessed the minority business climate within the 150 largest U.S. cities. We did so by examining 19 key metrics such as Hispanic entrepreneurship rates, corporate tax systems and the share of businesses owned by Hispanics.

Hispanic Business Climate in New Orleans (1=Best, 75=Avg)
49th – Unemployment Rate of Hispanics
12th – Percentage of Hispanics with At Least a Bachelor’s Degree
23rd – Hispanic Entrepreneurship Rate
1st – Income Growth of Hispanics
37th – Length of Average Workday
16th – Small Business Loans Per Total Number of Businesses
14th – Hispanic Population Growth
41st – Median Annual Income of Hispanics adjusted for Cost of Living
For the full report, please visit:

New Orleans Biotech

Tuesday, September 23, 2014
8 a.m. to 9 a.m.

Louisiana Cancer Research Center
1700 Tulane Ave.

Michael Hecht, President & CEO,
Greater New Orleans, Inc.
Aaron Miscenich, President, New Orleans
BioInnovation Center, and CAO, Louisiana Cancer
Research Center

Please join us to hear Mr. Hecht and Mr. Miscenich discuss how to build on the economic development potential of the medical corridor.

Thanks to IBERIABANK the Breakfast Briefing is free to the public. Please let us know if you plan to attend by Thursday, September 18. To make a reservation via email click here or call (504) 525-4152, ext. 108.

Free public parking will be available in the rear parking garage.

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South Coast Capital Management

South Coast Capital Management, the administrator of South Coast Angel Fund, a member-managed angel capital fund that has successfully invested in multiple entrepreneurial, early-stage companies in Louisiana and the Gulf Coast community, announces the launch of South Coast Angel Fund II. The Fund is actively recruiting member/investors and plans to open with $4 million in committed-capital. Fund II’s objective is to capitalize on the region’s emerging and legacy core competencies in bio-tech, industrial technology, advanced manufacturing, defense, water management, off-shore, arts and culture and education technology.
“The decision to focus on the region’s core competencies was two-fold,” said fund executive of South Coast Angel Fund II, Jon Atkinson. “We want to catalyze innovation in areas where our region can excel and differentiate itself. We believe that true economic impact comes from developing local industry clusters that capitalize on larger macro-economic trends. The Gulf Coast is well positioned to capitalize on national trends in on-shoring, democratized manufacturing, the development of the internet of things, advanced biotechnology and the resurgence of domestic oil production. We are very focused on finding and developing our region’s next $100 million dollar company.”
On the heels of a successful South Coast Angel Fund I, Fund II was launched to scale its early stage equity investment platform to meet the growing needs and increasing sophistication of members, investors and the entrepreneurial companies in which it invests. South Coast is committed to building best-in-class structures that provide opportunities to maximize portfolio company success. Each investment will be a new partnership, where the full fund becomes the entrepreneur's partner, investing between $150,000 and $500,000 directly, and the ability to syndicate with other angel groups for up to approximately $1 million in total capital needed.
“As a committed-capital fund, South Coast Angel Fund II will offer entrepreneurial companies access to over 60 accredited investors through single streamlined process,” said Choose Taurman, co-founder of South Coast Capital Management and member of South Cost Angel Fund II. “With a fund model, the full membership works together, through a structured process to evaluate investment opportunities and manage investments over the long term. Capital is committed up front, which provides members with natural portfolio diversification and entrepreneurs a single point of access with a ready checkbook.”
South Coast is holding two upcoming educational seminars for new members interested in becoming angel investors. For more information and to register for the seminar in Baton Rouge on September 16, click here. For the October 16 New Orleans seminar information and registration, please click here.

Von Hatley of Jones Walker Consulting talks Economic Development strategies, trends

The Beatles in New Orleans anniversary
On September 16, 1964, New Orleans experienced mass hysteria among teenagers when John, Paul, George and Ringo performed before a crowd of 12,000 at City Park Stadium (now Tad Gormley Stadium). The day would not be easily forgotten especially when Mayor Victor Schiro gave the band a key to the city and signed a proclamation declaring Wednesday, September 16, "Beatles Day In New Orleans.” Exactly 50 years ago from the date, WYES will turn back the clock for Beatles fans with a very special event – a live concert from The Beatles tribute band, The Fab Four, to be held at the same location.

“Twist N Shout” in your favorite ‘60s era attire during the WYES BEATLES TRIBUTE FEATURING THE FAB FOUR concert on Tuesday, September 16 at 7:00 p.m. at Tad Gormley Stadium. An Ed Sullivan look-alike will kick off the 90-minute concert before The Fab Four performs uncanny, note-for-note live renditions of Beatles' classics such as "Can't Buy Me Love," "Yesterday," "A Day In The Life," "Twist And Shout," "Here Comes The Sun," “Hey Jude,” and more. There’s no doubt that The Fab Four will make you think you are watching the real thing. General admission tickets are $35. Gates open at 5:00 p.m. and there is no assigned seating. Concession stands will be open selling food, drinks, beer and more!

Stop for a photo-op at the entrance to Tad Gormley Stadium where concert goers can pose on the Zebra crossing with a white Volkswagen Beetle positioned to recreate The Beatles most famous photo – the iconic Abbey Road album cover.

For those looking for a more personal experience, join WYES during the VIP reception beginning at 5:00 p.m. at the WYES Studios at 916 Navarre Avenue. VIP guests will receive the VIP Fan Package which includes admission for one to the VIP reception with food, drinks and a special appearance by The Fab Four; one ticket for VIP floor seating at the concert in Tad Gormley Stadium; roundtrip transportation from reception and concert; concert t-shirt; and stadium seat cushion. VIP tickets are $150.

Relive The Beatles wildly popular performance or finally experience the concert you missed all those years ago. Tickets are on sale now at wyes.org or 504.457.2934.

Be sure to ‘Like‘ us on Facebook at ‘WYES New Orleans’ and follow us on Twitter @WYESTV. #wyesbeatles

All proceeds benefit WYES, your local public broadcasting station in southeast Louisiana and the Mississippi Gulf Coast.

The Baton Rouge Area Chamber (BRAC) today announced a call for entries for Companies to Watch, an awards ceremony honoring second-stage companies in the nine-parish Baton Rouge Area. Second-stage companies are those that have moved beyond start-up stage and into a period of growth. The awards event will conclude BRAC’s Big Think program, as part of Baton Rouge Entrepreneurship Week (BREW), on November 19. The Companies to Watch program is endorsed by The Edward Lowe Foundation and presented by Postlethwaite & Netterville. Further details about the awards, eligibility requirements, and an application can be found atwww.bracbigthink.com/companies-to-watch.

"The goal of Baton Rouge Area Companies to Watch is to recognize companies in the region who have conquered the start-up stage and are viable, going concerns,” said Adam Knapp, BRAC president and CEO. “The Big Think will bring together entrepreneurs. Closing the day honoring second-stage companies will demonstrate to entrepreneurs what success looks like. We encourage companies who meet the eligibility requirements to submit their information now.”

Winners will receive exposure among and the regional business community and their peers, inclusion in post-event publicity, as well as the opportunity to brainstorm and network with other winners and sponsors.

To qualify, a company must be a privately held commercial enterprise with between six and ninety-nine full-time employees in 2013. The company must have achieved revenues between $750,000 and $1 million in 2013 and be headquartered in the nine-parish Capital Region. A complete list of requirements can be found here. A panel of business leaders from around the region will review applications and determine award recipients.

Details about the event, as well as the application and eligibility requirements, can be found at www.bracbigthink.com/companies-to-watch. The application deadline is October 17, 2014 at 5:00 p.m.

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