Several 1A-priority bills were sent to the Governor’s desk last week, including workforce development measures 1A is supporting as part of our 55 by 25 initiative, and bills extending key economic development programs in the state. Legislators also made progress on advancing 1A-supported occupational licensing and small business innovation bills.

Read on below for a full recap of week 11.

Lafayette, LA: Big Brothers Big Sisters of Acadiana announced today its aim to transform mentorship in local communities with an unprecedented gift of $500,000. The gift, from billionaire philanthropist MacKenzie Scott, supports the organization in furthering its mission to ensure young people have access to powerful mentoring experiences that empower them with a plan for their future and a mentor whose impact lasts a lifetime.

Supreme Rice, one of the largest rice-milling operations in Louisiana, is investing $16.2 million to develop parboil facilities in Crowley and Mermentau for a new line of ready-to-eat products. The expansion will create 20 direct new jobs, and LED estimates the project will result in 79 indirect jobs, for a total of nearly 100 new jobs in Acadia Parish. The company will retain 181 jobs at its current locations.  

The budget approved by the legislature last week includes several of One Acadiana's priorities, including money for I-49, increased funding for early child care and education and replenishing of the unemployment trust fund.

The budget bill is now on the governor's desk for approval after it passed in the Louisiana House 88-7 and the Senate 38-0. There are several other companion bills addressing other state expenditures, such as the capital outlay bills, which has also been sent to the governor.

Renaissance Publishing announces Magazine of the Year award and other honors in editorial, photography, art direction and more during the 42nd Annual International Regional Magazine Association Awards

Budget Sent to Governor’s Desk with Historic Infrastructure Funding

Big moves were made in Baton Rouge last week as the Legislature sent the $39 billion state budget to the Governor’s desk. Among the investments in the funding measures are a $1,500 boost to teacher pay, $84 million for early care and education, and $200 million toward completion of I-49 South. Read on for a more detailed budget breakdown.

State Budget

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With less than one month to go in the 2022 Regular Session, several 1A priorities are nearing the finish line, including extension of key state economic development tools, including the Quality Jobs program, and streamlined sales tax collection. Senate Finance also convened over the weekend to consider the state’s operating budget. Committee members opted to boost transportation funding, including adding another $100 million for completion of I-49 South.

Transportation Funding

Lafayette, LAMay, 9, 2022– Brett Broussard, APMA, CRPC, BFA a Private Wealth Advisor with Broussard, LeBlanc, and Associates a financial/private wealth advisory practice of Ameriprise Financial Services, LLC. In Lafayette, has qualified for the company’s Circle of Success annual recognition program and will be honored for this achievement in 2022.

As the organization approaches its eighth anniversary, the Board of Directors of the Vermilion Economic Development Alliance is happy to announce the hiring of Victoria Sagrera Bourque as Program Administrator, a position designed to lead the organization into its next phase.

When Anne Falgout, VEDA’s first Executive Director, announced her resignation from the local economic development agency, the leadership team set out to find a “passionate individual committed to moving the organization and community forward.”

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Annual Report

Download our 2021 Annual Report and Business Directory.

Economic Recovery Toolkit

Check out 1A’s quick reference guides to key COVID-19 business assistance programs. Click the image to view.

1A Sites Selection Investment Profile

Check out our Investment Profile featured in Site Selection to learn about Acadiana’s target industries, regional assets, recent business recruitment wins, and business leaders’ perspective on finding success in Acadiana.

Watch Now

Click the play button above to watch One Acadiana President & CEO Troy Wayman on the Louisiana Business & Industry Show.

Listen Now

News Page Play Button.pngClick the icon to listen to One Acadiana staff member André Breaux (VP, Policy Initiatives & Governmental Affairs) and Dr. Pearson Cross discussing the 2019 election season on KRVS Radio Acadie 88.7 FM

News Page Play Button.pngClick the icon to listen to One Acadiana President & CEO Troy Wayman give updates on One Acadiana's progress and initiatives on OUT TO LUNCH.

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