Investment & Capital Matching
Venture Capital Match Program
Provides for a match investment for qualified Louisiana venture capital funds. The fund must have at least $5 million of private investment. LEDC may match funds on 1 LEDC dollar for each 2 of private capital up to an LEDC maximum or $5,000,000.
Venture Capital Co-Investment Program
Provides for a co-investment in a Louisiana business of up to 1/4 of the round of investment, but not more than $500,000, with any qualified venture capital fund with at least $7.5 million in private capital. The venture capital fund may be from outside of Louisiana.
Minority Venture Capital Match Program
Provides for a match investment for qualified minority venture capital funds. The fund must have at least $250,000 of private investment for which LEDC may invest $1.00 for every $2.00 of private capital up to $5 million.
Louisiana Seed Capital Program
Provides matching or co-investment funds, which with other capital provided by a Louisiana -based fund, will be used exclusively to provide the seed investment needed to move a Louisiana small business out of the theoretical stage of development on course to commercial production. The candidate company must not be a retail or professional enterprise. The applicant fund must be Louisiana based, organized for profit, have three years experience in managing the investments of other parties, and have raised a minimum of $ 250,000 for a co-investment project or $ 500,000 for a matching fund request.
BIDCO Investment Program
Provides for a match or co-investment in certified BIDCOs. BIDCOs are state-chartered, non-depository alternative financing sources for small businesses. BIDCOs frequently provide equity and subordinated debt financing to new and growing companies, as well as to companies requiring turnaround assistance. A BIDCO must have at least $1 million in private capital. LEDC may match the investment $1.00 for $2.00 of private capital up to $2.5 million. Co-investments are considered on a project by project basis and cannot exceed 33% of the total investment. For more information go to: