Learn More about CDFI's and Small Business Resources in Louisiana see here
While the federal government does not provide grants for starting or growing small businesses, one of the mechanisms in place to promote small business growth and economic development is the Community Development Financial Institution Fund managed by the US Department of the Treasury.
Community Development Financial Institutions fall into four categories:
ASI Federal Credit Union
Capital One Community Renewal Fund, LLC
Dryades Savings Bank, FSB
Eagle Louisiana Federal Credit Union
Enhanced Delta Community Development, LLC
Liberty Bank and Trust Company
Liberty Financial Services
National Cities Fund, LLC
New Orleans Community Development Fund
NEWCORP Business Assistance Center
Red River Valley BIDCO, Inc.
Southern Mutual Financial Services, Inc.
Stonehenge Community Development, LLC
Whitney New Markets Fund, LLC
The Value-Added Producer Grants program is geared towards helping the Independent Producers of Agricultural Commodities, Agriculture Producer Groups, Farmer and Rancher Cooperatives, and Majority-Controlled Producer-Based Business Ventures in developing techniques that would create marketing opportunities and establish business plans involving viable marketing opportunities that involve the production of bio-based products from agricultural commodities.
The Small Business Administration has constituted the Secondary Market Lending Authority program, one which aims to provide liquidity for the secondary market, thereby ultimately encouraging new lending opportunities from banks of Small Business Administration guaranteed loans.