By Jessica Nehrbass
On Thursday, LifeCity launched a new one-stop shop for manufacturers to green their plants and their pocketbooks under the national economic development initiative E3: Economy – Energy – Environment. Louisiana’s E3 program is the manufacturing component of the Value NOLA economic development initiative. Its technical assistance programs help manufacturers uncover possible efficiency improvements so they can hire more workers and grow, while also improving their environmental footprint and social impact. Value NOLA plans to grow each sector in this way – increasing productivity in a socially conscious manner.
What’s unique about E3 is that previously independent expertise on lean manufacturing, energy and water efficiency, and health and safety will now be integrated to offer one comprehensive strategy customized for each manufacturer. Busy business owners and operators will be able to talk to fewer people to get the various expertise and technology enhancements that they need, expediting their steps to improve their triple bottom line.
Not only are these cost savings good in the short-term, this support will be key to communities, manufacturers, and manufacturing supply chains adapting and thriving in today's green economy. Currently more than 20 states have E3 programs for manufacturers. Louisiana is expanding on North Carolina’s model, which has created 190 jobs and over $15M in savings, and plans to be the first to customize this program for other sectors such as the restaurant and hospitality industries. The E3 program will be offered as a LifeCity membership category specific to manufacturers. It will be similar to the current memberships that LifeCity offers businesses taking steps to be economically, environmentally, and socially successful.
Manufacturers and partners filled the room on Thursday, with a buzz of excitement on both the cost savings and green fronts. Businesses selected to participate will benefit from the extensive and confidential assessment at a below-market rate.
LifeCity, LLC is joined by several public and private partners to make this program a reality including the federal government, New Orleans Chamber of Commerce, Louisiana Small Business Development Center Greater New Orleans and Bayou Region, and Incline Innovation.
Want to sign up or learn more? Contact email@example.com.