Goal 2:
To build a thriving economy driven by innovative, entrepreneurial, and globally competitive companies that make productive use of technology and the state’s human, educational, and natural resources

Objective 2.5 - To aggressively encourage and support entrepreneurial activity
 

Entrepreneurial companies – high growth businesses that quickly bring innovations to market – dominate job growth in the United States. States seeking to increase the number of quality jobs must include a focus on the needs of entrepreneurs and their companies, in order to nurture these fast-growing companies that are shaping the future of our economy. A rapidly growing company headquartered in a rural area can be the primary catalyst for economic development. Louisiana must infuse pro-entrepreneurship policies into state laws in ways that help to create a climate that encourages and rewards entrepreneurial behavior.

Benchmarks to track progress toward Objective 2.5 include:
 
  New business starts
 
 
  Number of women- and minority-owned businesses
 
  Annual Small Business Innovation Research (SBIR) awards (total awards per 10,000 business establishments and total dollars awarded)

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