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October 2006 Brought to you by:
Greater Pointe Coupee Chamber of Commerce
Greetings,

Past editions of E-newsletters can be viewed here.

Quotes to Ponder:
"If there is any one secret of success, it lies in the ability to get the other person's point of view and see things from that person's angle as well as from your own." -- Henry Ford .

“I think the most important thing is to take a chance on people. Somebody took a hell of a chance on me."
--Walter Wriston, former CEO of Citicorp

"I have yet to find the man, however exalted his station, who did not do better work and put forth greater effort under a spirit of approval than under a spirit of criticism."
-- Charles Schwab

Parish economic development update
 

Pointe Coupee is moving forward on a comprehensive master plan looking at qualifications of firms and sending out requests for proposals. The Baton Rouge Area Foundation (BRAF) is assisting the parish in this endeavor.

Film Industry
Several film scouts have been in the area with a couple of them interested in the Morganza High School. Dream Boy, which has already begun filming in West Feliciana Parish, was interested in using the school, but felt with the low water and ferry hours, they couldn’t risk production on this side of the river. Dream Boy did, however, hire and put to work several of the Jumonville La. Technical College film graduates. When the World was Green also came back to town to meet with people regarding locations they had seen on their previous trip.

The La. Capital Area Economic Development Allies will be attending the American Film Market (AFM) in Nov. of this year. The group previously attended AFM in Nov. 2005 and the Locations Expo in April 2006. The purpose of the recruiting missions is to introduce the capital area to U.S. and international filmmakers, market locations, facilities and resources to decision makers, i.e. producers, directors and production executives and to secure commitments for site visits, location scouting and production.

Port Industry
The Pointe Coupee Parish Port is an active member of the Ports Association of La. (PAL), which entitles the port to port priority money from the state of La. PAL contracted with Shaw to do a need assessment of all the ports who are members of PAL. Based on those needs, the ports will be able to request grant money on a quarterly basis. The parish port commission meets on a quarterly basis to discuss how to move the port forward and its plans for the future. Anyone interested in attending or giving input is welcome.

Pointe Coupee Parish was represented at the American Association of Port Authorities Annual Convention Sept. 11-14 at the Port of New Orleans. Jamie Mabile Delatte volunteered to serve food at the La. Ports Night during the convention. The international crowd of about 600 was impressed with the food, which included jambalaya, cracklins, Natchitoches meat pies, marinated crab claws, alligator sauce piquante, boiled and fried shrimp and boudin.

JUMONVILLE FILM PRODUCTION CLASS
  WRAPS “THE GLASS CHORD” TO EARN FIRST SCREEN CREDIT

New Roads, LA--August 22, 2006— LTC Jumonville Film Production Class successfully wrapped the short film “The Glass Chord” receiving screen credit as production crew members.

The film production class is the first of its kind in Point Coupee Parish. The short film marked the end of the 12-week program which introduced students to camera, lighting, audio, and screenwriting.

The program was funded at no cost to students by a federal grant under the auspices of the Louisiana Department of Labor which coordinated the efforts of Workforce Investment Board 20 in Pointe Coupee and surrounding parishes, Workforce Investment Board 21 in East Baton Rouge Parish, and the Louisiana Community and Technical College System to administer the grant at LTC- Jumonville Memorial Campus.

23 students received screen credit on the movie, making them eligible to apply to Homegrown Workforce Initiative (HGWI). HGWI is Emerald Bayou Studios in-house on-the-job training program committed to growing an indigenous film production workforce in Louisiana.

"The Glass Chord," filmed in and around New Roads and Pointe Coupee Parish, receiving a great deal of support from local businesses and residents. The LTC-Jumonville Film Production Class and Emerald Bayou Studios would like to thank the following people for their support of the program and their generosity in helping to make the movie.

Secretary of Labor John Warner Smith and his staff including Benny Soulier, Girard Melancon and Kelly Ebey; Workforce Investment Board representatives Rory Hayden, A.C. Wilkinson, Sidney Longwell, Jacqueline Foster, Isaiah Marshall, Roland Bellizaire, Lauressia Gaines, Veronica Will.

group

Cast
Henry Gray, Gregory White, Charles Silar, Marie Centanni, Patricia Snow, Susie Labry, Clayton Chenevert, Reginald Varice, DeAndre Tate, Garland Gauthier. Special thanks to all of the extras.

Locations
Jamie Delatte, Chief Kevin McDonald and New Roads Police Department, Chief Brad Joffrion and Livonia Police Department, Randy and Toni Braud, Cleo and Bobby Langlois, CJ and Donna Langlois, Doug and Annette Didier, Jessie Hardesty, Gary Andre, St Stephen Episcopal Church (JB Ewing, Gary Stuard, Jr., Andrew Grezaffi, Jr.), Steve and Elaine Delatte, Chris and Jeanne Hendrix, Audrey Patin, Oneala Chutz, Tony and Carol Triola, Mark and Melissa Hymel, Al Coffee, Wilco, Inc (Richard, Shawn and Jill), Ma Mama's (Angela), Fleur de Lis (Bobbie Labatut), Espresso (Christy Garreax and Nora), Dockside (Johnny Ewing, Heather Chustz), , Louis Hebert, Edward Jones & Sons (Pam Litton), Heritage Antiques (Yvonne Chenevert and Melanie), National Guard (Sargeant Holloway), Regions Bank (Debra Donovan and staff), Pastor Jeremy, Ronald and Lena Jewell, St. Augustine Religious Education Department (Cassandra Will), St. Mary's Catholic Church (Patrice Robinson, Betty Capps), Aline Will, St. Francis Cabrini Catholic Church (Father John Aron), Matt Russo, Michael Villery.

Pointe Coupee Vendors
A.J. Roy & Sons, Beauregard's Department Store, Big Boys, Burger King,B&A Quick Mart, Cajun Business Services, Calvin Ardoin Carpentry, Dairy Queen, Dollar General, Double D Construction, Exxon Gas Station, False River Mini Storage-Warehouse, Fontaine Lumber, Guaranty Bank (Wade O'Neal, Audrey Beauvais, Ashley Lemoine, Gwen Polar, Kim Ricard), Regions Bank, The Joe Dreyfus Store Restaurant (Trent, Kasey Cox, Sissy Cox), LA Express, Lights Motors Action, Langlois Grocery, Ma Mama's, Marion G. Walker, Morels Inn, McDonald's, New Roads Printing, Oak Tree Inn, Pointe Coupee Bed & Breakfast, Regions Bank and staff, Rosa M. Taylor, Satterfield's, St. Vincent DePaul, Snowball Stand on Main Street, Sonny's Pizza (Gerard Donald and staff), Wal-Mart (Chad Lanclos and staff), Winn-Dixie.

Special thanks to The Pointe Coupee Banner and WAFB Channel 9, "The Glass Chord" is anticipated to be released in late October 2006. For more information visit www.emeraldbayoustudios.com or www.jumonvillefilm.com.

Blanco Announces New Enhanced Bridge Program
  $55 Million Now Availablo to Hurricane-Affected Businesses in 37 Parishes

Governor Kathleen Babineaux Blanco and officials from Louisiana Economic Development (LED), the Louisiana Public Facilities Authority (LPFA), the Louisiana Bankers Association (LBA), the Louisiana Recovery Authority (LRA), and seven participating banks today announced the launch of the Louisiana Enhanced Bridge Loan Program, the third phase of the state's effort to provide gap financing to hurricane- affected businesses. To date, the state has issued nearly $40 million in short-term, low- interest loans to small businesses. This new phase provides $55 million in additional funding.

"Many of our business owners still need capital to move their companies and Louisiana's economy forward," said Governor Blanco. "This third phase of the Bridge Loan program continues to put cash into the hands of businesses working toward recovery. The public-private partnership between the state, the LRA, LPFA and LBA is putting federal dollars to work for Louisiana's small business owners."

The Bridge Loan Program is part of a broader package of assistance to businesses impacted by hurricanes Katrina and Rita. In the next few weeks, Governor Blanco will launch a slate of programs to provide financial and technical assistance to affected businesses and non-profits. The Governor has committed $332.5 million in federal hurricane recovery (Community Development Block Grant) funds to economic recovery.

For this phase, the maximum loan amount will be $100,000, with at least 50 percent of program funding dedicated to the 13 most affected parishes: Calcasieu, Cameron, Jefferson, Lafourche, Orleans, Plaquemines, St. Bernard, St. Charles, St. John, St. Tammany, Tangipahoa, Vermilion and Washington. The term of the loans will not exceed 180 days, with an interest rate of 6.5 percent. Loans will be interest-free for businesses that return to the hurricane-impacted area. Businesses that have participated in one or both of the two previous bridge loan programs will not be eligible for the Enhanced Program.

To qualify, small businesses must:

. have an established tax identification number;

. have been established in the eligible parishes of Louisiana for not less than one year prior to the date of Hurricane Katrina (Aug. 29, 2005) or Hurricane Rita (Sept. 24, 2005) as the case may be, and have sustained physical damage, displacement or business interruption due to either or both of these hurricanes;

. have at least two employees but no more than 100 employees; and

. document a source for the repayment of the loan (Repayment sources are limited to SBA loan(s) applied for and approved, but not yet funded; and/or insurance proceeds for which a claim has been filed and is pending, but not yet paid. Repayment sources must be specified on the application. Personal funds or other business income or funds, or other bank loans are not acceptable sources of repayment for this Program.)

A list of participating banks and financial institutions, along with the loan application and eligibility requirements, can be found at the following websites:

www.doa.state.la.us/cdbg/dred.htm
www.louisianaforward.com
www.lpfa.com
www.lra.louisiana.gov

.
LTC Recovery/Incubator Center Expands
 
The Louisiana Technology Council (LTC) and Louisiana Economic Development (LED) announce the expansion of LTC’s Business Recovery/Incubator Center (BRC) – a center focused on revitalizing and building the small business community in a post- Katrina New Orleans. The expansion more than doubles the current capacity of the BRC, offering additional affordable office space for businesses and organizations. LTC also provides a host of business services for each tenant. "The expansion of the BRC is a reflection of more businesses returning to the area and we are happy to help them with their needs, whatever they might be," said LTC President Mark Lewis.

The newly acquired space includes an additional four offices and eight cubicles. Each space is furnished with a desk, chair, telephone (VOIP), phone line, and wireless internet access. Each tenant also has access to a fax machine, copier, printer, and conference room. The Business Recovery/Incubator Center also provides each paying tenant one complimentary membership to the Louisiana Technology Council with all its privileges, as well as access to the educational programs sponsored by LTC/LED, and, free consulting services focused on marketing and strategic business planning.

The BRC was designed for post-Katrina New Orleans as a way for the city's small business community to recover, as well as to help entrepreneurs develop their businesses. It originated as a one room space with five offices and six cubicles. This area has been fully occupied for many months, making it necessary to expand into additional space to accommodate the growing demand.

The center is rapidly filling up and space is limited. Businesses interested in available space or who need information about the services and support provided should contact BRC Business Manager and Consultant Lee Pryor at (504) 304-2190 (w) or (504) 858-9828 (cell) or email him at leepryor@interventuresllc.com.
Red Stick International Animation Festival
 

The Red Stick International Animation Festival is pleased to announce its Call for Submission to the 2007 festival. The festival will take place April 17-22, 2007 in downtown Baton Rouge, Louisiana.

We are accepting submissions to the festival in the following categories:

. 2D Animation (Student / Pro)

. 3D Animation (Student / Pro)

. Experimental/Abstract Animation (Student / Pro)

. Stop Motion Animation (Student/Pro)

. Animation for Games

. Scientific Visualization

Special consideration will also be given to works designed to be screened on planetaria domes. The LASM Planetarium will screen these works in special screenings during the festival. Animations should be no longer than 9 minutes, and should have been created within the past two years. Those works which are selected will be screened during the festival in special juried screenings, and will be eligible for the Red Stick Award in their respective category.

The festival has decided to waive all submission fees this year. You may submit as many works as you wish at no charge. But submitted works must meet the guidelines set above with respect to time and year of creation. Works which do not fit these guidelines will not be considered.

Works should be sent to the festival in one of the following formats:

. DVD

. VHS (NTSC only)

. DV (NTSC only)

Submissions will only be accepted through our online submission form, at http://www.redstickfestival.org/submissions.

All applications and materials must be processed on-line and received no later than December 15, 2006 in order to be considered for the festival.
Thanks for your interest and participation in the Red Stick International Animation Festival. We look forward to seeing you in April.
--The Red Stick Festival Staff

2006 Louisiana Purchase Venture Capital Forum
 
This multi-sponsored event brings together capital investors and the best of the Gulf Coast Region's entrepreneurs who are positioning themselves to achieve the next level of business growth. The primary goal is to provide technology start-ups and growth-oriented enterprises with a single venue for sources of investment capital. The Purchase also serves as an educational opportunity for entrepreneurs who need guidance and experience to prepare for structured and planned growth.

http://www.la-purchase.com/explore.cfm/home/
Education - key ingredient to economic development
 
This is great info for those of you with high school students. For ACT practice testing, go to the Pointe Coupee Parish Library's website, click on the online databases link. Select Learning Express. Your user name is your name, and your password is your library bar code number. From that point, you can take the ACT practice exam as many times as you would like AND from the convenience of your own home. It will time and correct your practice test each time. The site also provides math and reading comprehension skills development. Other tests include SAT and MCAT, as well as grade level math and reading tests (like the 4th grade LEAP). We also have civil service practice exams. And they are all free.

Here's the link to the databases page: http://lalibcon.state.lib.la.us/?illcode=c1pc

Call the library if you need help accessing the Web site.
Melissa Hymel
Pointe Coupee Parish Library
225-638-9847
225-638-7593
http://www.pointe-coupee.lib.la.us
P.C. Parish's Econ Dev Spurred by bridge
 

bridge

Pointe Coupee and West Feliciana Parishes will soon be linked via a bridge across the Mississippi River. The bridge will not only help both parishes’ economies, but also the residents who trek back and forth between the two parishes. Retail establishments are already looking for land along the bridge corridor.
The link below will keep you up to date on the progress of the bridge.
http://www.timedla.com/bridge/audubon/current%5Factivity/

Finding the Right Business
Kathleen R. Allen  

Knowing that he wanted to avoid any business that was high risk and had low margins, Larry Broderick, CEO of Denver-based SteelWorks Corp., developed a set of criteria to decide what kind of business to start. Some of the criteria were related to his personal needs, but most were about finding the right business model and were based on his previous experience. Here are few of them:
1. A business that had a broad scope that would insulate it from market downturns

2. A business with existing customer and vendors

3. A low-tech business but with high growth

4. A market that was not so large so as to encourage major players but not so small that the company couldn't grow

5. Available float from suppliers; in other words, leeway in having to pay vendors

6. Manageable seasonality

7. Cost cutting potential

Every entrepreneur's criteria are different because everyone has unique reasons for wanting to purchase a business and unique experience that gives them a sense of the type of business that is likely to be successful. Starting the search with a set of criteria enables an entrepreneur to quickly eliminate businesses that do not make sense or are not aligned with the entrepreneur's goals.

Sources of Business Opportunities
Perhaps the best sources of information about business opportunities are attorneys, accountants, or bankers because the businesses that they recommend are generally those with which they have had the most experience. In addition, a long-standing relationship with an attorney, accountant, or banker means that they know a buyer's financial status and needs and can better make a match between a buyer and potential business opportunity.

There are several other sources of information on business acquisitions, such as the business opportunities section of newspapers like the Wall Street Journal and trade publications. It is also possible to find businesses at liquidation auctions, but unless the entrepreneur is a turnaround specialist, taking on a business that has experienced severe problems may be riskier than starting from scratch.

Business Brokers
- Of the approximately 240,000 small and mid-sized businesses that are sold each year, about 3,300 brokers handle half of those sales. Brokers work for business sellers who pay a commission of one to 10 percent of the transaction price. The average sale price of a brokered transaction is $275,000, but it can run into multiple millions. Business brokers vet their clients carefully because their reputations are on the line. They want to make certain that anyone they bring to their client is a serious buyer who will follow through. Some of the things that a potential business owner can do to attract the attention of a business broker are

. Give more information about themselves and the business than the broker requires to indicate a sincere interest.

. Demonstrate strong financial qualifications.

. Be willing to move to a new location to take advantage of business opportunities

. Keep an open mind about the type of business; consider a wide range of opportunities.

. Be persistent and follow up with the broker.

. Be in a position to respond quickly when an opportunity becomes available. This means having financial records in order and money available.

Kathleen R. Allen. Growing and Managing a Small Business - An Entrepreneurial Perspective. Houghton Mifflin Company. 2007. Pages 77-78

The Ten Success Factors for Entrepreneurs
J.D. Ryan and Gail P. Hiduke  
1. Willingness to succeed: Successful entrepreneurs spare no expenses. They must be prepared to work 50 to 60 hours a week and give up holidays. For that, they need the supports of their families.

2. Self-confidence: Only those who believe in themselves will achieve their goals. That calls for optimism and trust in the future. Founders must take on challenges and confront constant changes and should not be afraid of making mistakes.

3. A clear business idea: The idea has to be right. The heads of companies know their strengths and weaknesses and the competition. They know the reason for their success; whether it's because they have better products, better service, or a more intelligent sales and marketing approach.

4. The Business Plan: The Business Plan is the key to building up a company. This instrument, which is always being adapted to the latest developments, makes it possible to proceed with a systematic plan of action, to recognize problems in their early stages so that the proper corrective measures can be taken in plenty of time.

5. Exact control of finances: A young entrepreneur doesn't have to be swimming in money. But success usually doesn't come as quickly as anticipated. That's why financial resources should be calculated somewhat generously. An entrepreneur must understand something about business management, know how to react quickly, and have finances and cash flow under control. Any profits are reinvested in the company.

6. Targeted marketing: Only entrepreneurs who have a clear concept about how to introduce a product or service to the market will be able to succeed.

7. A step ahead of the competition: Success must be worked on constantly. It includes a plan for research and development, so that an advantage in the market isn't lost. Acting instead of reacting will supply the advantage.

8. Managing support: Young entrepreneur's powers increase if they can fall back on the knowledge of experienced entrepreneurs. Possible advisers to call on would be financiers or successful colleagues who are also entrepreneurs. This can also open doors for company founders that might otherwise be closed to them.

9. Cooperation: No one is top in every field. Building up a network of cooperation often provides access to additional know-how that would otherwise cost a lot of money.

10. Clear company structures: A successful company has a clear structure. The employees are motivated and khow exactly what their responsibilities are. The customers know who to contact.

J.D. Ryan and Gail P. Hiduke. Small Business - An Entrepreneurs Business Plan. Thompson Southwestern. 2006. Pages 15-16
Cultural Attributes of a Successful Innovative Company
Jack M. Kaplan and Anthony C. Warren  

Honesty - The degree to which each employee has total confidence in the integrity, ability, good character of others, and the organization, regardless of role.

Alignment - The degree to which the interests and actions of each employee support the clearly stated and communicated key goals of the organization.

Risk - The degree to which the organization, employees, and managers take risks.

Teams - The degree to which team performance is emphasized over individual performance.

Empowerment - The degree to which each employee feels empowered by managers and the organization.

Freedom - The degree to which self-initiated and unofficial activities are tolerated and approved throughout the organization.

Support - The degree to which new ideas are welcomed from all sources and responded to promptly and appropriately.

Engagement - The degree to which all levels of the organization are engaged with the customer and the operations of the organization.

Stimuli - The degree to which it is understood that unrelated knowledge can impact product, service, and operations improvements.

Communication - The degree to which there is both planned and random interaction between functions and divisions at all levels of the organization.

Jack M. Kaplan and Anthony C. Warren Patterns of Entrepreneurship. 2nd Edition Von Hoffman Press, Inc. 2007 Page 275.

 

For More Information:

phone: 225-638-3500
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Pointe Coupee Chamber of Commerce | P.O. Box 555 | 2506 False River Drive | New Roads | LA | 70760