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Entrepreneurs' Row

From Wikipedia, the free encyclopedia

Entrepreneurs’ Row is a New Orleans loft-style office building owned by International House Hotel and created by entrepreneur Sean Cummings[1] in July 2007.[2] Located at 220 Camp Street,[3] it houses several of the city's fledgling startups.[4]

The idea for Entrepreneurs’ Row came to Cummings in May 2007, when Nicolas Perkin, the co-founder and president of the Receivables Exchange, an electronic marketplace for the buying and selling of commercial receivables, contacted him to ask his opinion on a proposed move from New York to New Orleans.[1] Cummings encouraged him to do so. The Receivables Exchange was the first entrepreneurial tenant to move into Cummings’ building in July. By November 2008, nine companies had offices at Entrepreneurs’ Row, and Cummings had personally invested in six.[3]

According to Cummings, the goal of the development was to focus on “clustering likeminded entrepreneurs to build their businesses together”[1] and fuel a local tech-based economy.

Entrepreneurship in New Orleans

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Cummings partnered with Perkin and two other local entrepreneurs to launch Start Up New Orleans, a web-based information service connecting entrepreneurs with resources to set up new businesses.[3] They have actively recruited startups to move to New Orleans.[4]

Regarding Entrepreneurs’ Row, Start Up New Orleans, and entrepreneurship in the city in general, Cummings noted, “To really prosper, New Orleans must focus on the few opportunities in which we have a compelling competitive advantage. We must likewise recruit entrepreneurs who are drawn to this city's joyful quality of life. It’s a home-run success story. Entrepreneurs are reinventing New Orleans, like Prague after the Iron Curtain, like Milan, like a smaller Seattle.”[1]

References

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  1. ^ a b c d Ellin, Abby (30 July 2009). "Entrepreneurs Leverage New Orleans's Charm to Lure Small Businesses". The New York Times. Retrieved 30 November 2012.
  2. ^ Good, Allison (19 July 2009). "Entrepreneurial hubs are springing up across the city and spurring economic development". The Times Picayune.
  3. ^ a b c Davidson, Christina. "Round Pegs in NoLA's Square Hole: Entrepreneurs Defy Recession". The Atlantic. Retrieved 20 December 2012.
  4. ^ a b Alpert, Henry (18 December 2011). "Reinventing the Crescent City: Sean Cummings brings his modern vision back home". New Orleans Living.