OUT TO LUNCH finds economist and Tulane finance professor Peter Ricchiuti conducting business New Orleans style: over lunch at Commander's Palace restaurant. Each week Peter invites guests from the New Orleans business renaissance to join him. The Wall Street Journal, Forbes, and Inc magazine have all named New Orleans the best city in the USA to be an entrepreneur. Out to Lunch is the cafeteria of the new New Orleans entrepreneurial movement. You can also hear the show on WWNO 89.9FM.
Photo by Rick Lineberger
Haley Burns is leading a New Orleans economic revolution. It's called Fund 17. Based on the microfinance model that won Muhummad Yunus a Nobel Prize, Fund 17 makes micro loans to what Haley calls the "Invisible businesses" in all 17 wards of New Orleans. Invisible businesses are the guys who do car detailing, the women who sell homemade candy from their house, and a hundred other NOLA variations of the hustle.
Fund 17's goal is to bring these "side hustle" businesses out of the shadows and to give micro entrepreneurs the tools and micro loans to grow their hard work into a viable business.
In this conversation, Haley Burns discusses Fund 17 with host of Out to Lunch Peter Ricchiuti and his guests, CEO of Lamar Advertising Sean Reilly, and Director of the New Orleans Museum of Art, Susan Taylor.
Hear the original conversation on Out to Lunch here.