New Orleans startups 'resilient' but need state funds deployed faster, Tulane report says


Rob Lalka

Rob Lalka, Albert Lepage Professor in Business and executive director of the Lepage Center for Entrepreneurship and Innovation, was interviewed by for a story about the Greater New Orleans Startup Report, an annual publication of the center that tracks startup and small-business activity across the region. Lalka said that while businesses showed surprising resilience in challenging economic times, Louisiana needs to move more quickly in deploying State Small Business Credit Initiative funds, federal stimulus money allocated to fuel the growth of small businesses.

"It is going to be a challenge for us if we aren't able to get this capital, as other states are getting this capital out across the Gulf South," Lalka said. "It is imperative we move forward on this."

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