advertisement

Rebuilding the city brought forth a new generation of tech entrepreneurs, though local venture capital remains in limited supply.

Ten Years After Katrina, A New Startup Sector Takes Hold In New Orleans

BY Steven Melendez7 minute read

Next week will mark the 10th anniversary of a dark chapter in New Orleans’ long and storied history, when Hurricane Katrina devastated the city and the surrounding area. Now, a growing startup community is hopeful the city will soon be known as a center for new and innovative businesses.

“I think, by 2018, there’s an opportunity for New Orleans to be viewed around the country, around the world, as a hub of entrepreneurship for the South,” says Tim Williamson, the CEO and cofounder of incubator The Idea Village, referring to the year the city will celebrate its 300th anniversary.

That would have been hard to imagine in 2005, when the storm flooded 80% of the New Orleans and cut its population by more than half, while leading to the deaths of more than 1,800 people across the Gulf region.

But after the floodwaters receded, lifelong residents and newcomers from around the country organized to piece the city back together: rebuilding houses, clearing debris, and even restoring street signs, says Andrea Chen, executive director of New Orleans social entrepreneurship incubator Propeller.

Propeller

“I lived here before the storm, and there was just not a lot of energy around entrepreneurship and problem solving,” she says. “A lot of that changed after the storm, and a lot of that was out of necessity.”

As the city rebuilt, Chen and her cofounders sought to preserve that energy, creating what would become Propeller. Today, the incubator operates a 10,000-square-foot coworking space and offers an accelerator program for startups focusing on problems to do with food, health, education, and water management. It also offers a variety of Crescent City-focused tech programming, like a class on building Arduino-powered Mardi Gras costumes.

One Propeller-backed company, called Clear Health Analytics, uses statistical techniques to help people pick health insurance plans. Another, the VEGGI Farmers Cooperative, has helped fishermen from the city’s Vietnamese community shift to growing local vegetables after the 2010 BP oil spill contaminated the Gulf of Mexico.

PluggedIn Newsletter logo
Sign up for our weekly tech digest.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Privacy Policy

ABOUT THE AUTHOR

Steven Melendez is an independent journalist living in New Orleans. More


Explore Topics