NGO Funding Request
The recipient entity's full legal name:
Research Park Corporation
The recipient entity's physical address:
7117 Florida Blvd.
Baton Rouge, LA 70806
The recipient entity's mailing address (if different):
7117 Florida Blvd.
Baton Rouge, LA 70806
Type of Entity (for instance, a nonprofit corporation):
Non-Profit Corporation
If the entity is a corporation, list the names of the incorporators:
Ken Reilly, Sr.
The last four digits of the entity's taxpayer ID number:
7281
What is the dollar amount of the request?
$3,000,000
What type of request is this?
General Appropriation
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:
BOARD OF DIRECTORS:
The Mayor-President of the City of Baton Rouge and the Parish of East Baton Rouge:
Hon. Sharon Weston Broome
Mayor, East Baton Rouge
222 St. Louis Street, 3rd Floor
Baton Rouge, LA 70802
Terry Landry Jr. (Mayor’s Designee)
Southern Poverty Law Center
201 St. Charles Avenue
New Orleans, LA 70130
BOARD SECRETARY
The President of the Louisiana State University System:
William F. “Bill” Tate IV
Louisiana State University System
3810 W. Lakeshore Drive
Baton Rouge, LA 70808
Dr. Robert Twilley (Dr. Alexander’s Designee)
Louisiana State University
134 David Boyd Hall
Baton Rouge, LA 70803
The President/Chancellor of Southern University System
Dr. Ray Belton
Southern University
J.S. Clark Administration Building
Fourth Floor
Baton Rouge, LA 70813
Dr. Michael Stubblefield (Dr. Belton’s Designee)
Southern University
730 Harding Boulevard
P.O. Box 9272
Baton Rouge, LA 70813
The Secretary of the Department of Economic Development:
Hon. Don Pierson
1051 N. Third St.
Baton Rouge, LA 70802
Tedra Cheatham (Secretary Pierson’s Designee)
617 N. Third Street, 11th Floor
Baton Rouge, LA 70802
Economic Freedom Association:
Mr. Isaac Thomas
Designee of Economic Freedom Association
7534 Chablis Court
Baton Rouge, LA 70817
Ms. Anita Tillman
AMcorp International, LLC
3112 Keithway Drive
Harvey, LA 70058
BOARD CHAIRWOMAN
Anita Byrne
SSA Consultants
9331 Bluebonnet Blvd.
Baton Rouge, LA 70810
BOARD VICE CHAIRWOMAN
Willie E. Smith, Sr., Ed.D.
Baton Rouge Community College
201 Community College Dr.
Baton Rouge, LA 70806
Ross Reilly
Lamar Advertising
16560 Old Perkins Rd.
Baton Rouge, LA 70810
Brace “Trey” Godfrey, III
Baton Rouge Area Chamber (BRAC)
564 Laurel Street
Baton Rouge, LA 70801
Monette Davis
Stone Pigman
909 Poydras St., Ste 3150
New Orleans, LA 70112-4041
Mackenzie Rodriguez
Stone Pigman
909 Poydras St., Ste 3150
New Orleans, LA 70112-4041
KEY PERSONNEL:
Calvin Mills, Jr.
Interim President & CEO
1821 General Jackson
Baton Rouge, LA 70810
Stephen Loy
Executive Director
6124 Hope Estate Dr.
Baton Rouge, LA 70820
Provide a summary of the project or program:
Funding of $3,000,000 will support and supplement existing and new programs designed to advance startups and early-stage companies in the entrepreneur ecosystem for both youth and adults. Funding will also support the office space used to house the incubator companies.
What is the budget relative to the project for which funding is requested?:
Salaries. . . . . . . . . . . . .
$0
Professional Services. . .
$793,002
Contracts . . . . . . . . . . .
$0
Acquisitions . . . . . . . . .
$0
Major Repairs . . . . . . .
$0
Operating Services. . . .
$760,998
Other Charges. . . . . . .
$1,446,000
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?
To provide programs and resources designed to advance start-up and early-stage companies by maintaining a renovated technology incubator located with the Louisiana Technology Park, provide programs to foster young entrepreneurs, provide for a diversification of companies entering the ecosystem, create new businesses and jobs for Louisiana, and to help companies commercialize technology.
What are the goals and objectives for achieving such purpose?
1. Increase incubator occupancy by attracting 25 new companies.
2. Increase jobs by at least 150 related to new companies.
3. Implement programs to provide additional opportunities for companies and new resources.
What is the proposed length of time estimated by the entity to accomplish the purpose?
3 years
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:
N/A
(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:
N/A
(c) The percentage of the official's or immediate family member's ownership interest in the recipient entity, if any:
N/A
(d) The position, if any, held by the official or immediate family member in the recipient entity:
N/A
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:
N/A
(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:
N/A
Provide the name, address, and office of the official to whom the person is related:
N/A
What is the nature of the relationship?
N/A
(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:
State of Louisiana
(d) The nature of the contract, including a description of the goods or services provided or to be provided pursuant to the contract:
The organization will provide programs, resources and contacts designed to advance start-up and early-stage companies by maintaining a technology incubator located within the Louisiana Technology Park. Goods and services will include all aspects of the programs, seminars and other training opportunities that will be provided and available.
Contact Information
name:
Calvin Mills, Jr.
address:
7117 Florida Blvd.
Baton Rouge, LA 70806
phone:
225-218-1100
fax:
225-570-1105
e-mail:
sylvia@nexusla.org
relationship to entity:
Interim President & CEO