FAQ

CED Frequently Asked Questions

1. If I did not have a business before Hurricane Katrina, may I still be eligible for assistance?

No. At this time, Collaborative for Enterprise Development has resources that are targeted toward businesses that were in the city of New Orleans prior to Hurricane Katrina.

2. Must my business be located in the city of New Orleans?

Yes. Business owners need to have had a business in the city of New Orleans before the storm.

3. If I have blemishes on my credit report, will CED assist me in getting financial assistance?

CED members are available to assist you with credit counseling to better your credit score. The Collaborative also has members who perform financial lending to those who qualify.

4. Do you assist churches and other nonprofit organizations?

Yes. CED members assist churches and nonprofits as well as other businesses.

News

Business and Home Inventory Professionals
Prior to the storm, Michael Hall owned his own tax service franchise. However, as with many New Orleans entrepreneurs, the business was lost following the hurricane. After witnessing all of the challenges that residents faced with insurance companies, Hall decided to start a business that would document property and provide a complete written, digital and video inventory to protect people against the unexpected.