# Louisiana Economic Development Corporation

Louisiana Economic Development Corporation is a Government / Public Body based in Baton Rouge, United States.

## Overview

- **Organization type:** Government / Public Body
- **Headquarters:** Baton Rouge, United States
- **Region:** North America
- **Address:** Baton Rouge, LA, United States
- **Founded:** 1936
- **Assets under management:** Undisclosed
- **Website:** www.opportunitylouisiana.com
- **LinkedIn:** https://www.linkedin.com/company/louisiana-economic-development

## Regulatory record

- **Reports private funds:** No

## About

Discover how Louisiana’s unique advantages can transform your business. We offer competitive incentives, world-class logistics, and workforce training.

## Sectors

- Infrastructure
- Industrial Tech
- Energy Transition & Renewables
- Real Estate
- AgriTech & FoodTech
- AI/ML
- Healthcare Services
- Manufacturing

## People

- Susan B. Bourgeois — Secretary of Louisiana Economic Development
- A.J. Roy III — Chairman of the Board of Directors

## Questions

### Does LED participate in equity investments alongside private corporations?

No. LED does not make equity investments or take ownership stakes in private companies. Its financial participation model uses performance-based tax credits, forgivable loans, infrastructure grants, and workforce training subsidies — all structured as incentives contingent on job creation and capital investment targets. Direct lending programs are administered as debt instruments, not equity co-investments.

### How does the FastSites program function for industrial site selection?

The FastSites Program pre-certifies 19 industrial sites across 16 Louisiana parishes for immediate development readiness. Properties undergo environmental Phase I assessments, geotechnical surveys, wetlands delineations, and utility capacity studies before receiving LED certification. This due-diligence head start compresses the site-selection timeline, allowing LED to compete against Texas and Southeast peer states that maintain similar shovel-ready site inventories.

### Which sectors does Louisiana Economic Development prioritize?

LED actively targets manufacturing and logistics, energy-transition infrastructure including offshore wind, carbon capture and storage, advanced manufacturing, and technology initiatives such as AI research through the Louisiana Institute for Artificial Intelligence. The agency also prioritizes agribusiness, healthcare services, and pharmaceutical manufacturing — sectors aligned with the state's existing logistics corridors along the Mississippi River and Gulf Coast.

### What is LED's relationship to the Louisiana Institute for Artificial Intelligence?

LED helps anchor the Louisiana Institute for Artificial Intelligence, a research consortium focused on building an AI-trained workforce and attracting compute-intensive industries. The institute aligns with LED's broader incentives strategy by coupling academic research capacity with tax-credit packages to lure data-center and AI-training infrastructure projects to Louisiana.

### Where does LED's funding originate?

LED receives annual appropriations from the Louisiana state legislature, supplemented by dedicated economic development funds tied to specific incentive programs. Unlike a sovereign wealth fund or permanent endowment, LED holds no underlying investment corpus. Its deployment capacity fluctuates with each legislative cycle's budget authorizations for industrial tax exemptions, site-readiness investments, and loan-program capitalizations.

## Related profiles

- [Louisiana Christian University Endowment](https://altss.com/profile/louisiana-college-endowment)
- [Louisiana Sheriffs' Pension and Relief Fund](https://altss.com/profile/louisiana-sheriffs-pension-and-relief-fund)

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Last updated: 2026-06-03T20:00:00.000Z

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