Greater New Orleans Development Foundation

THIS EDA INVESTMENT SUPPORTS THE H2THEFUTURE COALITION, LED BY THE GREATER NEW ORLEANS DEVELOPMENT FOUNDATION, WITH BOOSTING THE CLEAN ENERGY SECTOR IN NEW ORLEANS BY TRANSITIONING THE REGIONAL HYDROGEN ENERGY SECTOR BY CLOSING THE GAP BETWEEN GREEN HYDROGEN (PRODUCED FROM RENEWABLE ENERGY SOURCES) TO OTHER FORMS OF HYDROGEN USED TODAY, WHICH RELY ON FOSSIL FUELS. COALITION PROJECTS INCLUDE SUPPORTING A CENTRAL CAMPUS THAT CONNECTS THE ENTIRE CLUSTER ECOSYSTEM, COORDINATING A RANGE OF PROGRAMMING, TESTBEDS TO IMPROVE HYDROGEN COST COMPETITIVENESS, A DEVELOPMENT CENTER FOR HYDROGEN-FUELED SHIPS, AND A HYDROGEN FUELING BARGE. ONCE IMPLEMENTED, THE INVESTMENT WILL HELP DEVELOP AND STRENGTHEN REGIONAL INDUSTRY CLUSTERS - ALL WHILE EMBRACING ECONOMIC EQUITY, CREATING GOOD-PAYING JOBS, AND ENHANCING U.S. COMPETITIVENESS GLOBALLY.

WORKFORCE PARTNERSHIP

GNOPIVOT 2.0

THIS EDA INVESTMENT SUPPORTS THE H2THEFUTURE, LED BY THE GREATER NEW ORLEANS DEVELOPMENT FOUNDATION COALITION, WITH THEIR PROPOSAL TO BUILD A GREEN HYDROGEN ENERGY CLUSTER TO DECARBONIZE THE SOUTH LOUISIANA INDUSTRIAL CORRIDOR. IF PROVIDED AN IMPLEMENTATION GRANT, THE COALITION PROPOSES TO COORDINATE AND EXECUTE FIVE INTERRELATED PROJECTS TO SUPPORT THE H2THEFUTURE STRATEGY TO CATALYZE THE GREEN HYDROGEN CLUSTER'S GROWTH. THE PROJECTS INCLUDE: THE PREPARING OUR WORKFORCE FOR ENERGY RENEWAL TRAINING PROGRAM; GREEN HYDROGEN END-TO-END PILOT PROGRAM; NET-ZERO BUSINESS DEVELOPMENT; INNOVATION BY AIR, LAND & SEA, THREE R&D INFRASTRUCTURE PROJECTS IN GREEN HYDROGEN, CARBON UTILIZATION AND SEQUESTRATION, AND NAVAL ENGINEERING; AND THE NEW ENERGY INSTITUTE OF AMERICA, WHICH WILL BE A PHYSICAL HUB OF THE GREEN HYDROGEN CLUSTER TO COORDINATE STAKEHOLDERS AND INCUBATE CLEAN ENERGY STARTUPS. THE COALITIONS GOALS IN SOUTH LOUISIANA ARE: 1.) TO PRESERVE TRADITIONAL ENERGY JOBS IN LOWER-CARB

GNO RAAMP IS A SECTOR PARTNERSHIP DESIGNED TO ESTABLISH A SHARED TABLE BETWEEN AEROSPACE AND ADVANCED MANUFACTURING EMPLOYERS HIGHER EDUCATION STEM EDUCATORS WORKFORCE DEVELOPMENT BOARDS AN ECONOMIC DEVELOPMENT ORGANIZATIONS

EMERGING ENVIRONMENTAL E

NEW ORLEANS IS SYNONYMOUS WITH F&B,AND BOASTS WORLD-RENOWNED BRANDS LIKE ZATARAINS AND TABASCO. DESPITE THIS REPUTATION AND SUCCESS WITH REGIONALLY-KNOWN BRANDS LIKE BLUE RUNNER,THE GNO F&B ENTREPRENEURIAL ECOSYSTEM IS DIFFICULT TO NAVIGATE. TO SUCCESSFULLY LAUNCH AND SCALE AN F&B BUSINESS/PRODUCT,AN ENTREPRENEUR NEEDS SIGNIFICANT FUNDING,ACCESS TO RESOURCES,AND DEEP INDUSTRY CONNECTIONS. WHILE GNO'S F&B START-UP ECOSYSTEM IS FAIRLY ROBUST,MANY COMPANIES ARE FORCED TO LEAVE THE MARKET TO SCALE BECAUSE THE REGION: 1) LACKS THE NECESSARY VALUE CHAIN PRODUCTION CAPABILITIES AND CAPACITY (I.E. PASTEURIZATION,COLD STORAGE,FDA WAREHOUSES); AND,2) LACKS A CRITICAL MASS OF INVESTORS FAMILIAR WITH F&B. GNOFAB SEEKS TO BUILD ON GNO'S F&B LEGACY AND CREATE A SUSTAINABLE FRAMEWORK FOR ENTREPRENEURIAL SUCCESS BY CONDUCTING A S.W.O.T. ANALYSIS AND SOLUTIONS REPORT OF CURRENT F&B ECOSYSTEM; FORMULATING BUSINESS DEVELOPMENT,RETENTION,AND EXPANSION STRATEGIES TO FOSTER GROWTH,INCREASE CAPITAL INVESTMENT,AND GROW REVENUES OF F&B BUSINESSES; PROVIDING TECHNICAL ASSISTANCE TO BOTH EMERGING F&B COMPANIES AND TO LEGACY F&B COMPANIES POSITIONED FOR GROWTH; AND EXPAND THE NEW ORLEANS FOOD & BEVERAGE INDUSTRY GROUP. GNOFAB IS A PUBLIC-PRIVATE COLLABORATIVE OF:GREATER NEW ORLEANS DEVELOPMENT FOUNDATION (GNODF),501(C)3 REGIONAL ECONOMIC DEVELOPMENT NONPROFIT; ST. CHARLES PARISH GOVERNMENT,LOCAL GOVERNMENT OPERATING FOOD INCUBATOR AND LICENSED COMMERCIAL KITCHEN (EDIBLE ENTERPRISES);PROPELLER,501(C)3 NONPROFIT SUPPORTING ENTREPRENEURS WITH CONSUMER PACKAGED GOOD BRANDS (IMPACT ACCELERATOR);VOLUNTEERS OF AMERICA SOUTHEAST LOUISIANA,501(C)3 NONPROFIT; OPERATES MANUFACTURING/CO- PACKING FACILITY AND LICENSED COMMERCIAL KITCHEN (FRESH FOOD FACTOR); ANDNEW ORLEANS FOOD AND BEVERAGE INDUSTRY GROUP,COLLECTIVE OF EMERGING F&B COMPANIES COORDINATED BY GNODF.

GREEN TECH TRIANGLE PLAN

GREATER NEW ORLEANS OPPORTUNITY ZONES