Louisiana Tech University
Location |
Ruston, LA |
|
---|---|---|
Project Name |
The Fund for Louisiana's Future |
|
Program |
Seed Fund Support |
|
Award Amount |
Federal Share |
Non-Federal Share |
$299,178.00 |
$316,371.00 |
Louisiana Tech University in collaboration with its regional partners will lead the planning, organization, and scale of the Fund for Louisiana’s Future (FLF). FLF will be a professionally-managed, member-directed seed fund designed to both provide critical capital to early-stage companies in the I-20 Innovation Corridor in northern Louisiana that utilize innovative technology, have the ability to grow rapidly, create quality jobs in the region, and create significant value for investors. In its sixth year, LaTech estimates that FLF will have raised $12m in funding, made 48 investments, and recruited 300 new individual and 30 new institutional investors.