The Idea Village
The Idea Village
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About this organization
Mission
OUR MISSION IS TO IDENTIFY, SUPPORT, AND RETAIN ENTREPRENEURIAL TALENT IN NEW ORLEANS AND THE SURROUNDING REGIONS.
About
THE IDEA VILLAGE PARTNERS WITH VARIOUS STAKEHOLDERS TO SUPPORT THE DEVELOPMENT OF AN ENTREPRENEURIAL ECOSYSTEM AND BUILDING A WORLD CLASS ACCELERATOR PROGRAM. THE IDEA VILLAGE DRIVES THE NEW ORLEANS ENTREPRENEURIAL ECOSYSTEM BY EXECUTING AN ANNUAL ENTREPRENEUR SEASON THAT ENGAGES TOP TALENT AND STRATEGIC PARTNERS. THE ENTREPRENEUR SEASON CAPTURES THE CORE CULTURAL ELEMENTS OF THE LOCAL ENVIRONMENT THEREFORE ALLOWING FOR IT TO BECOME AN INTEGRAL PIECE OF THE NEW ORLEANS COMMUNITY FABRIC. EACH SEASON ENLISTS NEW PEOPLE WITH NEW IDEAS ALLOWING THE MOVEMENT TO GROW. THROUGH OUR BEST IN CLASS ACCELERATORS AND OTHER PROGRAMS THE IDEA VILLAGE PROVIDES A BROAD ARRAY OF HIGH-IMPACT EDUCATIONAL AND CONSULTING SERVICES THAT SUPPORT HIGH GROWTH ENTREPRENEURS AT A CRITICAL STAGE IN THEIR DEVELOPMENT.WE DELIVER AGAINST OUR MISSION ANNUALLY THROUGH A PLATFORM OF INTEGRATED PROGRAMS AND EVENTS THAT ALLOWS THE COLLABORATIVE NETWORK OF PARTNERS (INCLUDING GOVERNMENT, UNIVERSITIES, CORPORATIONS, NON-PROFITS, PROFESSIONALS, AND INVESTORS) TO STRATEGICALLY AND EFFICIENTLY SUPPORT NEW ORLEANS STARTUPS. DURING THE 2019 FISCAL YEAR, THE IDEA VILLAGE ALLOCATED $950,000 IN RESOURCES TO 3,091 ENTREPRENEURS, ASPIRING ENTREPRENEURS AND INNOVATORS. A SUMMARY OF OUR PROGRAMS DURING THE 2019 FISCAL YEAR, INCLUDING OUR FLAGSHIP IDEAX AND NEW ORLEANS ENTREPRENEUR WEEK (NOEW), FOLLOWS.-IDEAX IS OUR FLAGSHIP INDUSTRY-AGNOSTIC ACCELERATOR PROGRAM FOR HIGHLY SCALABLE STARTUPS WITH INNOVATIVE, TECHNOLOGY-ENABLED BUSINESS MODELS. IN ADDITION TO A WEEKLY MEETING WITH THEIR EIR, EACH STARTUP IN THE IDEAX PROGRAM IS ABLE TO TAP INTO OUR POOL OF INDUSTRY AND SUBJECT MATTER EXPERTS TO TACKLE SPECIFIC CHALLENGES TO SCALING THEIR BUSINESS OR OPPORTUNITY THE COMPANY IS FACING. THE EIRS AND MENTORS HELP FOUNDERS TAKE THEIR COMPANIES TO THE NEXT LEVEL BY ENSURING THEY ARE FOCUSED ON DEVELOPING CUSTOMER TRACTION, BUILDING A MARKET READY PRODUCT, AND VALIDATING THEIR INNOVATIVE BUSINESS MODELS. COMPANIES EXIT THE PROGRAM SET UP FOR RAPID GROWTH AND HAVE A MAJOR IMPACT ON THE FUTURE ECONOMIC DEVELOPMENT AND EMPLOYMENT IN GREATER NEW ORLEANS. -IDEASESSIONS ARE ONE-ON-ONE STRATEGY SESSIONS WITH MENTORS AND EXPERTS WHO GIVE STRATEGIC GUIDANCE AROUND SPECIFIC CHALLENGES AND/OR OPPORTUNITIES.IDEAINSTITUTE IS A 10-WEEK PRE-ACCELERATOR FOCUSED ON HELPING DEVELOPING SKILLS FOR OPPORTUNITY RECOGNITION AND HOW TO TURN AN IDEA INTO A VIABLE BUSINESS. THE 10TH ANNUAL NEW ORLEANS ENTREPRENEUR WEEK (NOEW), PRESENTED BY JPMORGAN CHASE & CO., IS OUR ANNUAL EVENT CELEBRATING ENTREPRENEURSHIP, INNOVATION, AND TECHNOLOGY IN NEW ORLEANS. NOEW ENGAGES A DYNAMIC NETWORK ON ENTREPRENEURS, INVESTORS, CORPORATIONS, NONPROFITS, STUDENTS, AND PROFESSIONALS TO SUPPORT GROWING COMPANIES AND ELEVATE ENTREPRENEURIAL SUCCESSES THROUGH DISCUSSION, DEBATE, EDUCATION, COMPETITION, AND CELEBRATION. NOEW IS A FREE AND INCLUSIVE PLATFORM THAT BRINGS TOGETHER THE ENTIRE COMMUNITY IN SUPPORT OF ENTREPRENEURSHIP AND INNOVATION FOR EVERYONE.NOEW 2019 SAW THE CONTINUATION OF "NOEW IN YOUR NEIGHBORHOOD," WITH 23 EVENTS HOSTED BY PARTNERS IN BROADMOOR, BYWATER, CENTRAL CITY, CENTRAL BUSINESS DISTRICT, LAKEVIEW, TREME, UPTOWN, AND ST. BERNARD PARISH, CULMINATING IN A TWO-DAY SUMMIT AT NOEW HQ LOCATED AT THE CONTEMPORARY ARTS CENTER AND THE SHOP AT THE CAC. $300,000 IN FUNDING AND SERVICES WAS AWARDED TO ENTREPRENEURS OVER SIX DAYS WITH 60 EVENTS HAPPENING ACROSS NEW ORLEANS. OVER THE LAST DECADE OF NOEW, OVER $4.6M IN CASH AND PRIZES HAVE BEEN AWARDED TO ENTREPRENEURS AND ALMOST 1000 HAVE BEEN FEATURED AS PART OF THE EVENT.
Interesting data from their 2020 990 filing
The mission of the non-profit, as stated in the filing, is “The idea village is a 501(c)(3) non-profit organization with a mission to identify, support and retain entrepreneurial talent in new orleans and the surrounding regions.”.
When referring to its tasks, they were described as: “Our mission is to identify, support, and retain entrepreneurial talent in new orleans and the surrounding regions.”.
- The non-profit is operating legally in the state of LA.
- The non-profit's address for the year 2020 is listed as 900 CAMP STREET NO 308, NEW ORLEANS, LA, 70130 in the filing.
- The form submitted by the non-profit organization for 2020 reports 11 employees.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $92,971.
- The organization has 24 independent voting members.
- The organization was formed in 2002.
- The organization pays $375,312 in salary, compensation, and benefits to its employees.
- The organization pays $137,089 in fundraising expenses.
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