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EntreLeague
Press Coverage of the ELS
Entrepreneurial League System® of Central Louisiana



Background

  • Sponsor and investor: The Rapides Foundation, a health care foundation created as the result of the sale of a regional hospital system.
  • Territory: Nine parishes located in central Louisiana
  • Population: 344,952
  • Investment made in the program: as of 6/30/10, approximately $2.9 million over 5 years (including pre-launch activities)
  • Project Lifecycle: July 1, 2006 - December 31, 2010




Activity Measures for the Entrepreneurial League System® of Central Louisiana

For 39 Month Period: July 1, 2006 – December 31, 2009
As of 12/31/0
9

   Activity Measures    
Number 
  Percent of Total
Total Clients 122 100%
Active Clients 74 61%
Inactive Clients 48 39%
  • Temporarily Inactive
  • 0
  • 0%
  • Exits
  • 48
  • 100%
  • Unresponsive
  • 29
  • 60%
  • Business Closures
  • 5
  • 11%
  • Health and Personal issues
  • 0
  • 0%
  • Moved
  • 1
  • 2%
  • Merged
  • 2
  • 4%
  • Retired
  • 0
  • 0%
  • Unknown
  • 4
  • 9%
  • Other
  • 7
  • 14%
  • Graduated
  • 0
  • 0%


Composition of Participants in the Entrepreneurial League System® of Central Louisiana
As of December 31, 2009

Variable Number Percentage
Number of Participants 74 100%
Number of Success Teams 6  
Skill Level Distribution    
  • Rookies
24 33%
  • Single A's
38 51%
  • Double A's
12 16%
  • Triple A's
0 0%
Gender Distribution    
  • Males

53

72%
  • Females
21 28%
Ethnicity    
  • Caucasian
66 89%
  • African-American
6 8%
  • Hispanic
2 3%
  • Other
0 0%
Geographic Distribution    
  • From Alexandria, Rapides Parish
32 43%
  • From Rapides Parish, outside of Alexandria
17 23%
  • Located outside of Rapides Parish
25 34%
Industry Mix    
  • Retail, services, sales, telecom, financial, real estate, franchisees, etc.
   


Performance Outcomes Entrepreneurial League System® of Central Louisiana Economic of Over 48 Month Period *
July 1, 2006 – June 30, 2010

  • The Dollar Growth in Sales Revenue for all entrepreneurs (110) who have participated in the Entrepreneurial League System® of Central Louisiana (for at least two quarters) during its first 48 months of operation is: $60,549,683.
  • The Percentage Increase in Sales Revenue for all participating ELS Clients is: 30%.
  • The Growth in number of Employees for ELS Clients over the four year period has been: 318, representing a percentage increase in employment of 37%. 
  • The cost per new job created is $9,085.
  • The Revenue per Employee for the increased sales revenue is $190,408 (increase sales revenue divided by the number of increased employees).
  • The Increase in Sales Outside of the Region for ELS Clients is: $46,178,497 representing an increase of 296%. Thirty-one percent (31%) of the total sales revenue for all clients during this period was earned from sales outside of the region.
  • Twenty (20) or 28% of all active clients have moved up a skill level.

o       Nine (9) Single A’s have moved to the Double A team

o       Nine (9) Rookies have moved to the Single A team

o       Two clients (2) moved 2 skill levels over 2 years – from the Rookie to the AA team

* Note on Methodology for Calculating Performance Outcomes:

  • First quarter data provided by client while they were already participating in the ELS was used as baseline (data about their financial situation prior to their participation was not consistently available); credit was given to ELS only for increases above that baseline.
  • Change was calculated on a quarter by quarter basis.


A case study
of the Entrepreneurial League System® of Central Louisiana can be found in 
Economic Development: Strategies for State and Local Practice, 2nd Edition by Steven G. Koven and Thomas S. Lyons. ICMA Press. Hardcover. 2010. 225 pages.

To purchase the book, click here.




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