Press Release

LED Awards Shreveport Foundation $300,000 to Attract Health-Focused Start-Ups to Northwest Louisiana

April 9, 2024 — Backed by state programs that empower research and innovation, bioscience startups and established institutions are powering Louisiana’s emergence as a national hub of scientific exploration and collaboration. To help fuel that growth, Louisiana Economic Development has awarded a three-year grant to an award-winning organization that offers competitions, educational conferences, and cash prizes throughout the year to creative entrepreneurs as a means of encouraging economic development in northwest Louisiana.

LED will provide The Prize Foundation up to $100,000 a year for three years, for a total of $300,000, to expand its annual Startup Prize: Focus on Health program, an important recruiting mechanism for health-focused entrepreneurs, start-ups and companies to northwest Louisiana.

Read the full release here.