The New Orleans BioFund has now invested over $2 million in twelve Southeast Louisiana businesses to help facilitate growth and job creation in the region. Companies in the BioFund portfolio have now created more than 135 jobs across a variety of industries in New Orleans, from biotechnology to nutrition.
The BioFund’s latest loan recipients include two companies focused on improving health and wellness in New Orleans. Jack and Jake’s, a 27,000 square-foot food market being developed in Central City, will emphasize affordable fresh food and locally grown or produced products. The BioFund also invested in Your Nutrition Delivered, which offers fresh, healthy meal options to residents and companies through home delivery services and refrigerated vending machines.
August 27, 2014 — Read more in The New Orleans Advocate