NO/LA Angel Network Joins Entrepreneurial Ecosystem With An Office In The Shop
NEW ORLEANS – The NO/LA Angel Network (NO/LAAN) has moved its office into The Shop at the Contemporary Arts Center, 900 Camp St.
Developed by The Domain Companies, The Shop is a co-working space that provides offices for creative professionals and early business ventures.
“The NO/LA Angel Network is excited to be in an environment where creative innovation is fostered and we look forward to contributing to the vibrant entrepreneurial ecosystem within the world-class facility that is The Shop,” said Mike Eckert, NO/LAAN’s chairman.
Founded in 2014, The NO/LA Angel Network consists of more than 100 qualified investors focused on investing in early stage Louisiana companies. NO/LAAN’s three major objectives are to provide a reasonable return on investment for members, help stimulate the local economy and job growth by helping Louisiana based early stage businesses get access to needed capital and to help the entrepreneurs bring their businesses to the next levels through mentoring and networking.
To date, NO/LAAN members have invested nearly $6 million in nine different Louisiana based companies. Through syndications and other funding vehicles, NO/LAAN’s funds have been leveraged to an aggregate amount of more than $17 million to these local companies. The NO/LA Angel Network also actively partnered with economic development entities and organizations throughout Louisiana to facilitate new business growth and bring creative ideas to market.