Reminder

The Foundation staff are available to present information on the Foundation's programs and the health status of Central Louisiana to nonprofit groups, clubs and civic associations.

Please contact Kathy Gunn

	Economic Development Project

View the CAP video

Cenla Advantage Partnership (CAP) is a private regional nonprofit economic development organization that is being led and funded by the private sector. Investor interest has been strong and The Rapides Foundation is committed to matching these investments for up to $1.5 million over three years.

CAP has reached a major funding goal and has moved ahead with forming the organization's Board. A majority of the Board are financial investors in CAP. The Rapides Foundation has assured geographic, gender and racial diversity of the Board. All Board members will have equal voting power. Click here for a list of individual and company investors.

In September 2003 the Foundation hosted a morning session to present the findings from the four month community economic development assessment process and to announce the Foundation's funding interests with respect to the recommendations.  The Foundation's challenge called for the development of a new private sector-led economic development group, Cenla Advantage Partnership (CAP) with substantial private sector financial involvement at a $1 for $1 match level. A detailed summary of the plan, as well as various newspaper articles, are listed below.

Summary and Related Links:
News Release - Inaugural Board named for Cenla Advantage Partnership (CAP)
Common Ground: Higher Ground Economic Development Meeting (September 30, 2003 Summary)
The Town Talk: Economic development boards meet seeking common ground
The Town Talk: Healthy people, healthy region go together
The Town Talk: Private sector development push good