NGO Funding Request

The recipient entity's full legal name:  Inner City Entrepreneur Institute

The recipient entity's physical address:
           820 Jordan Street, Suite 315
Shreveport, LA 71101

The recipient entity's mailing address (if different):
           820 Jordan Street, Suite 315
Shreveport, LA 71101

Type of Entity (for instance, a nonprofit corporation):  Non-Profit Corporation

If the entity is a corporation, list the names of the incorporators:
          James K. Elrod
Maxine E. Sarpy
Reginald W. Abrams
Jack Sharp

The last four digits of the entity's taxpayer ID number:  8314

What is the dollar amount of the request?  $35,000

What type of request is this?  Both

Is this entity in good standing with the Secretary of State?  Yes

Provide the name of each member of the recipient entity's governing board and officers:
           Rosetta Boone
1961 Midway Street
Shreveport, LA 71108

Rodney Demery
1234Texas Street
Shreveport, LA 71101

John Gladney, Treasurer
6007 Financial Plaza, Suite 302
Shreveport, LA 71129

Jeremy Green, Vice President
2206 Manarch Street
Shreveport, LA 71106

Kaylon Johnson
1545 Line Ave, Suite 330
Shreveport, LA 71101

Lena Leviston, Secretary
757 Bernard Blvd
Shreveport, LA 71106

Shana McIntosh-Elliot
713 Len Court
Shreveport, LA 71104

Carlos Prudhomme
3642 Crestview Dr
Shreveport, LA 71119

Maxine Sarpy, President Emerita
325 Holcomb Dr.
Shreveport, LA 71103

Earnestine Smith
1502 Arlington Ave
Shreveport, LA 71103

La Tasha Washington, Board President
9530 Royalton Dr.
Shreveport, LA 71118

Roy A. Burrell, Contracted Managing Director
2613 Lakeway Drive
Shreveport, LA 71109

Lena Leviston, Program Coordinator
757 Bernard Blvd
Shreveport, LA 71106

Provide a summary of the project or program:
           The ICE Institute business concept was derived from two Shreveport funded economic studies—the “1984 Mount Auburn Study” and “1996 Time to Choose Study”. Its purpose is to research ways to redevelop Shreveport’s deteriorating inner city communities through entrepreneurial education, business and community development and investment. ICE's entrepreneurial education program named BizCamp provides internationally-recognized entrepreneurship education, life-skills, financial literacy and leadership training for today’s at-risk youth. BizCamp, a joint collaboration between ICE, local universities, and Caddo Parish Schools, is an intensive entrepreneur and life skills program. Students develop their own business plans and present it to a panel of judges by Powerpoint. Students are exposed to and actively participate in the real world of business through BizCamp developed in conjunction with our partners, the National Foundation for Teachers of Entrepreneurship (NFTE), Caddo Parish School, Centenary College, Remington College, Shreveport Job Corp and Southern University at Shreveport and other community groups. The overall goal of BizCamp is to create and grow a new crop of entrepreneurs for the 21st century, and based on budget funding to train 50-100 students minimum annually, and expand our program to other locations.

What is the budget relative to the project for which funding is requested?:
          Salaries. . . . . . . . . . . . . $4,200
          Professional Services. . . $0
          Contracts . . . . . . . . . . . $16,500
          Acquisitions . . . . . . . . . $0
          Major Repairs . . . . . . . $0
          Operating Services. . . . $11,065
          Other Charges. . . . . . . $2,635

Does your organization have any outstanding audit issues or findings?  No

If 'Yes' is your organization working with the appropriate governmental agencies to resolve those issues or findings?
          Not Applicable

What is the entity's public purpose, sought to be achieved through the use of state monies?
          The Minority population continues to increase in Shreveport and Bossier City and surrounding parishes (Shreveport approx.55% and Bossier City approx. 30 %). The areas minority population has not shared meaningfully in the mainstream economy since minority business represents less than 5% of operating in its MSA. Studies have concluded that many minorities are not predisposed to business and therefore are underrepresented. This creates a lag in the mainstream economy, lessens job development and economic wealth for these communities.

State monies will be used to continue the BizCamp program. This program provides for many a business incubator program rendering early entrepreneurial education and training to grow the inner city economy and creating a stronger job and tax base. Also, our BizCamp program is based on an international entrepreneurship teaching model from the National Foundation for Teaching Entrepreneurship (NFTE) that is specially designed for inner city at-risk youth (but others are allowed), at an 8th grade reading level, a hands-on teaching model, a computer interactive technology for education and training, a real business market place experience, a continuing education club for program graduates for training, and more.

What are the goals and objectives for achieving such purpose?
          BizCamp impacts our community in a profound way. Based on our program model, national studies found that interest in attending college increased by 32%, occupational aspirations increased 44% and that 70% of BizCamp alumni were in Post-secondary education.

The goals of BizCamp are: 1. 50% of students will improve in academic achievement, 2. 44% will pursue business start ups by high school or college graduation and 3. 70% will enroll in post secondary education.

What is the proposed length of time estimated by the entity to accomplish the purpose?
           FY 2016

If any elected or appointed state official or an immediate family member of such an official is an officer, director, trustee, or employee of the recipient entity who receives compensation or holds any ownership interest therein:
     (a) If an elected or appointed state official, the name and address of the official and the office held by such person:
                 Not applicable
     (b) If an immediate family member of an elected or appointed state official, the name and address of such person; the name, address, and office of the official to whom the person is related; and the nature of the relationship:
                 Not applicable

     (c) The percentage of the official's or immediate family member's ownership interest in the recipient entity, if any:
                 Not applicable

     (d) The position, if any, held by the official or immediate family member in the recipient entity:
                  Not applicable

If the recipient entity has a contract with any elected or appointed state official or an immediate family member of such an official or with the state or any political subdivision of the state:
(a) If the contract is with an elected or appointed state official, provide the name and address of the official and the office held by such person: 
               Not applicable

(b) If the contract is with an immediate family member of an elected or appointed state official:
          Provide the name and address of such person:
               Not applicable

          Provide the name, address, and office of the official to whom the person is related:
                Not applicable

          What is the nature of the relationship?  Not applicable

(c) If the contract is with the state or a political subdivision of the state, provide the name and address of the state entity or political subdivision of the state:
                 Not applicable

(d) The nature of the contract, including a description of the goods or services provided or to be provided pursuant to the contract:
               Not applicable

Contact Information
name:  LaTasha Washington 
                                       address:  9530 Royalton Drive
Shreveport, LA 71118

                                       phone:  318-286-0262
                                       relationship to entity:  Board President