Fund 17: Capital Ready
Capital Ready is a 10 week program that matches entrepreneurs with a Financial Specialist for weekly 1:1 meetings to work on personal and business finances and prepare to apply for a loan or grant.
The program is fully in person workshops at Parish Hall. Applicants should be prepared to spend at least 4-6 hours per week on the program, including meetings and workshops. The program runs from May to July and requires a $75 non-refundable deposit
The ideal candidate for the program:
- Is operating a for-profit business in New Orleans or GNO
- Has under $150k in annual business revenue
- Must have a registered LLC or other incorporation
- Must have a personal and business bank account
Fund 17 does NOT provide direct funding or guarantee funding from other investors. We provide resources and advising to improve personal and business finances and support funding applications through Capital Ready.
*Must have documentation as confirmation. Fund 17 utilizes Bizapedia's website to confirm business registration statuses. No exceptions.
Related Resources
Fund 17's mission has evolved to address economic justice through community-informed programs, prioritizing local entrepreneurs with a culturally specific approach. It aims to preserve New Orleans culture and help informal businesses become profitable and formalized.
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