Resources for Entrepreneurs

Small Business Startup News

Four Years After Katrina, New Orleans Now A Hub Of Entrepreneurship

Written by Jenna Weiner
Published: 8/25/2009

Four years after Hurricane Katrina, New Orleans has emerged as a flourishing city for entrepreneurship.

With the four year anniversary of Hurricane Katrina on the horizon, New Orleans' rebuilding efforts are still underway.

Entrepreneur Business Startup

Yet there is one sector that is not only flourishing in the city's rebirth, but may be also helping to lead it - entrepreneurial activity.

The Wall Street Journal reported that, thanks to entrepreneurial support centers and generous tax breaks, New Orleans has become a hub of innovation and entrepreneurial activity.

"It's a very special time in New Orleans," Kyle Berner, a native New Orleanian and founder of flip-flop retail business Feelgoodz, told the Journal. "There's just this entrepreneurial feeling that's happening right now in the city."

The good news for entrepreneurs considering starting a business in New Orleans is that they would most likely not have any trouble finding clients, as New Orleans has become the fastest growing city in the country, the news provider reported.

However, the crime rate still remains high, and pre-existing small businesses are "struggling to reinvent themselves," said the Journal.

While New Orleans may a focal point for entrepreneurship, other cities have gotten attention for their thriving startup culture - Inc. magazine recently recognized Washington D.C. as the home of the most fast-growing private companies.

Have Friends Who Might Like This Article?

Tweet via @gaeblerdotcom Share this on Twitter

Let them know on LinkedIn

Ready to Learn More? We Think You Might Like These Articles:


About Our Small Business Magazine

Our small business journalists publish news articles for entrepreneurs every day. Our small business news articles review trends in entrepreneurship, analyze the ramifications of regulatory initiatives, present relevant entrepreneurial research findings, and cover many other topics of interest to entrepreneurs.

Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities


Business Glossary