Entrepreneurs are flocking to New Orleans, a boom that some expect to help bring employment levels 98.8% of the way back to pre-Hurricane Katrina levels by 2016.
The boom began in 2007 with an idea to create an "Entrepreneur's Row".
"Since Hurricane Katrina, at least four formal entrepreneurial hubs have been established in New Orleans: Entrepreneur's Row, the Icehouse, the I.P., (an acronym for Intellectual Property) and the Entergy Innovation Center. While they all hope to help nurture individual businesses, they are not technically incubators. Instead, they house start-ups and established companies while focusing on 'clustering like-minded entrepreneurs to build their businesses together,' said Tim Williamson, 44, the co-founder and chief executive of the Idea Village, a nonprofit group founded in 2000 that helped created the I.P."
Thanks to Richard Florida
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