UEP grows small businesses
November 6, 2011
The Urban Entrepreneur Partnership in Louisiana traces its origins to 2005. After Hurricane Katrina, the UEP launched UEP Gulf Coast, placing offices in Baton Rouge and New Orleans with the goal of assisting qualified entrepreneurs with the tools they need to launch businesses and, hopefully, create jobs, says organizers. It has other offices in Detroit and Kansas City, Mo.
"We were brought here at the request of the White House to assist small business in getting started and building sustainable, profitable small businesses to deal with the disaster and bring our economy back into being," said Gary Anderson, senior business coach in UEP's Baton Rouge office.
Since 2005, UEP clients have increased their revenue 44 percent, according to UEP statistics. The organization also found that existing businesses receiving UEP education or coaching increased their profitability 24 percent.