Overview
Effective in 2005, the Hudson Initiative is a race- and
gender-neutral program that encourages state agencies and
contractors who receive state contracts to work with certified
small entrepreneurships.
Program Benefits
Facilitates mutually beneficial partnerships between
Louisiana-based small businesses, state agencies and
contractors.
Provides small businesses with greater potential for access to
state procurement and public contract opportunities.
Program Eligibility
To participate, small entrepreneurships must be certified by
Louisiana Economic Development and meet certain qualification
requirements:
- Independently owned and operated
- Is not dominant in its professional field
- Is owned by and has officers who are U.S. citizens or legal
residents
- All owners must be Louisiana residents
- Has its principal business office in Louisiana
- Has fewer than 50 full-time employees
- Has average annual gross receipts that do not exceed $5 million
per year for construction businesses and $3 million per year for
non-construction businesses, for each of the previous three tax
years
For comprehensive rules and details on eligibility, please
review Related Content below and contact the
appropriate administrator.
How to Apply
See below for the Hudson Initiative/SEBD Application.
Once submitted, the application will be reviewed for
qualification, and the applicant will be able to check
certification status on the website. The applicant will also
receive written notification, whether approved or not, from
Louisiana Economic Development. If application is declined due to
lack of adequate information, application may be reconsidered once
required information is provided to LED.
Important Note: Applicants still need to apply at each state
agency as a potential vendor.
Related Content
Administration
This program is administered by Louisiana Economic
Development.
For information regarding the Hudson Initiative Program, contact
the program administrator:
Matthew Lambert
225.342.5677
lambert@la.gov
