The Minority Business Development Agency suggests that more minority business owners must develop an Internet presence as part of their core business objectives. More active incubators that provide this type of nurturing are generally called venture accelerators, and our name, NOVA, reflects our goal to make it THE New Orleans Venture Accelerator. Additional benefits of accelerators, are telecommunications access, and a core of services oriented to professionalizing client efforts, clarifying competitive advantages, assisting with financial projections and business plans, and positioning for raising capital. But it's often the intangibles that make an accelerator a success. Inspiration may come from weekly brainstorming sessions of all the clients, and cross-pollination of the larger team.
Energy is generated by community support for a group of hard working people with great ideas.
Community impact can be the result of a heightened civic pride in the breadth and depth of area talent, and lead to a drive to invest in our human capital. How to Hatch a Company, Fast Company magazine, May 2000, by Katharine Mieszkowski Welcome to the latest self-reinforcing wonder of the Web. Incubators might just be the fastest-growing startups on the Web. Mark Samuels, the entrepreneur who launched the highly successful New Orleans label Basin Street Records in 1998, has overseen albums from a wide range of New Orleans jazz musicians, from contemporary jazz drummer Jason Marsalis to trad-jazz clarinetist Dr. Michael White. With the exception of one of Marsalis' albums that was recorded directly to two-inch tape, Samuels says that every Basin Street release has utilized Pro Tools or similar software.