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The University of Louisiana at Monroe is getting $1 million from the feds to expand its business incubator and help more low-income businesses get off the ground, the Times-Picayune reports.
"My number one mission in Congress is to give back to our communities," US Rep.
Julia Letlow says in a press release.
"My office and I worked hard to secure the millions in funding that will be crucial for Louisiana's economic growth and prosperity."
The money will go to ULM's entrepreneurial expansion and a business incubator, according to KNOE.
The incubator will help low-income businesses get off the ground by providing them with mentors, investors, and other support.
The money will also go to upgrade existing space for K-12 institutions, establish entrepreneurship among youth, and build a resource center for under-represented populations.
"The impacts of working together to enhance the small business ecosystem and create space for entry-level and new businesses to grow and expand will create a stronger economy for our region," says Monroe Mayor Jamie Ellis. Read the Entire Article
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
Foundation: Pew Charitable Trusts, William Penn Foundation
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Youth News from...
Pew Charitable Trusts
William Penn Foundation
Lancaster County Community Foundation
Citi Foundation
Community Foundation of Southern Indiana
Community Giving Foundation
Hawaii Community Foundation
Community Foundation of Western North Carolina
Community Foundation of the Central Blue Ridge
New York Community Trust
Social Entrepreneurship
Spotlight
Reviving Ancient Indian Art Forms – Empowering Artisans Towards Entrepreneurship
Rivaayat is an initiative by Shri Ram College of Commerce, Delhi to revive various dying art form and solve innumerable problems faced by the artisans. Rivaayat began with reviving a 20,000-year-old art form of pottery that is a means of survival for 600 families residing in Uttam Nagar, Delhi.
