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Originally Posted by Chris from N.O.
$4.5 million food and beverage company incubator planned by JEDCO for the technology and business park in Avondale. Article says the region currently has 7,000 food manufacturing jobs with an average income of $73,000. Says we had an incubator in St Rose but that was damaged by Ida and didn't reopen. https://www.nola.com/news/business/i...rce=featured-2 |
additional info from neworleanscity business
https://neworleanscitybusiness.com/b...ferson-parish/
Churchill Technology and Business Park in Jefferson Parish is getting the area’s first ever Food & Beverage (F&B) Incubator, courtesy of $4.2 million in grant funding awarded to the Jefferson Parish Economic Development Commission (JEDCO) for the design, engineering, and construction of a 15,000 square-foot facility.
Construction is expected to begin in 2025. The project is expected to generate approximately 55 new construction and engineering-related jobs and will retain 420 industry-related jobs in the region. Based on industry estimates, the project is expected to bring in more than $66.2 million in private investment.
“This project will fill a significant void in the region,” said Jefferson Parish President Cynthia Lee Sheng. “Greater New Orleans and Jefferson Parish have long been a hub for food and beverage businesses, ranging from major manufacturers to successful startup companies. The construction of the incubator will allow us to keep serving and supporting the vibrant, innovative industry that drives much of our economic success.”
On Oct. 2, federal, state, and local officials visited the Churchill Technology and Business Park in Avondale to celebrate the funding and first step of the facility coming to fruition.
“Businesses within the food and beverage space are major economic drivers for Jefferson Parish. This project further lends to our dynamic economic landscape and directly aligns with our focus on growing the culinary products industry, a major targeted cluster in the parish’s long-term economic development strategic plan,” said JEDCO President and CEO Jerry Bologna.
“The GNO Food and Beverage Incubator is a foundational investment in the future of our region’s burgeoning food and beverage industry,” said Michael Hecht, GNO Inc. president and CEO. “As the only facility of its kind in Southeast Louisiana, this incubator will provide food entrepreneurs with the resources they need to scale and thrive in Jefferson and Louisiana. The combination of commercial kitchen space, technical support, and mentorship fills a gap in the market and strengthens the ecosystem to power one of the region’s most iconic industries.”
The incubator will include three commercial kitchens, demonstration and training space, offices, and storage space, including cold storage. Once constructed, entrepreneurs and small business owners in the food and beverage industry will be able to rent space for food production. Tenants will have exclusive access to kitchen equipment, storage and loading space as well as technical support in programming, mentorship, and marketing. There will be comprehensive resources and guidance to help entrepreneurs start up and maintain their businesses in the region.
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