The year 2024 marked an exciting period for economic development in North Louisiana. Announcements of expansions and considerable capital investment came from companies like Fibrebond, Prolec GE and Benteler Steel. The Port of Caddo-Bossier advanced operations and expanded its footprint for new and prospective companies, including a large carbon capture project, while another potential port tenant, Bia Energy, secured necessary contracts for its operations.
There were also developments in the gaming industry that kicked off in 2024, and the film industry caught headlines thanks to G-Unit Studios. Just before the holidays, Meta and state leaders announced a mega AI data center in Richland Parish, and the Amazon facility in Shreveport staffed up by over 1,000. These are just some of the economic development wins for our region in 2024.
At BRF’s Entrepreneurial Accelerator Program (EAP), the region’s startup accelerator and small business resource, we celebrated milestones and expanded services to more entrepreneurs looking to launch and grow their businesses in North Louisiana. Here’s a closer look at some of the economic development highlights EAP celebrated and took part in last year.
Chasing Aces: Innovating Entertainment in North Louisiana
One of the most anticipated developments of 2024 was the groundbreaking of Chasing Aces, a revolutionary golf-focused entertainment destination. On February 9, founder John Dudley unveiled a vision set to redefine sports entertainment in the region. This one-of-a-kind attraction is being developed on nearly 30 acres next to Margaritaville in Bossier City and promises a family-friendly atmosphere packed with innovative amenities.
Chasing Aces will feature a state-of-the-art driving range with target bays, a nine-hole smart course, an 18-hole putting course, premier dining options, and a top-flight pro shop, among other attractions. The $25 million project has already contributed to the local economy by creating 200 construction jobs and is expected to provide 120 full-time and part-time positions upon its opening in the summer of 2025. By blending cutting-edge technology with a community-focused approach, Chasing Aces represents a major step forward in entertainment for North Louisiana. More information about this transformative project can be found at chasingaces.golf.
Multipack: A Game-Changer for Caddo Parish
In 2024, BRF’s Shreveport Next division alongside EAP and other economic development partners celebrated the recruitment of Multipack Beverage Solutions, a California-based beverage manufacturing and packaging company, to Caddo Parish. This $10.4 million investment in a new production facility is not just a win for the company but a milestone for the regional economy.
The facility, which began operations in the third quarter of 2024, produces more than 100 million cans annually, including sodas, teas, ready-to-drink cocktails, and seltzers. Multipack plans to create 141 direct jobs with an average annual salary exceeding $51,000. Louisiana Economic Development (LED) projects an additional 228 indirect jobs, bringing the total impact to nearly 370 new opportunities for the community.
The company’s presence underscores the region’s ability to attract industrial investment and highlights the collaborative efforts of BRF, LED, North Louisiana Economic Partnership and the Caddo Parish Industrial Development Board. With plans to expand operations further in 2025, Multipack is a shining example of economic growth and innovation in North Louisiana. Learn more about their operations at multipack.com.
Expanding Entrepreneurial Support: NorLaunch and NorCap
Thanks to two grants awarded by the Economic Development Administration (EDA), EAP significantly expanded its services in 2024. The NorLaunch grant focuses on meeting the needs of entrepreneurs in underserved and rural areas, providing free accelerator services to ensure no idea goes untapped. Complementing this, NorCap is dedicated to helping startups raise capital and educating local investors on effectively funding and supporting emerging businesses.
These grants have enabled EAP to host a series of workshops and networking events, including Food Truck Workshops in Shreveport and Ruston, a Transportation Workshop, and regular 1 Million Cups gatherings to educate, inspire and connect entrepreneurs in our region. Stay informed about these programs and upcoming opportunities by visiting tinyurl.com/BRFBuildtoScale or launchnetworkla.com.
A Decade of Impact: EAP’s 10th Anniversary
In 2024, EAP celebrated a decade of empowering entrepreneurs and transforming ideas into successful businesses. Over the past 10 years, EAP has screened more than 1,700 ideas, supported startups in raising millions of dollars in funding, and contributed to the creation of hundreds of jobs across North Louisiana.
The 10th-anniversary celebration, held in the fall, was a testament to EAP’s enduring impact. The event honored 15 new startups, adding to the Dolores George LaVigne Wall of Entrepreneurial Achievement’s roster of over 100 companies launched through EAP’s support. These businesses, ranging from tech innovators like CyberReef to beloved local brands like Lowder Bakery and Streetcar Snoballs, highlight the program’s ability to nurture diverse and sustainable ventures. For a full recap of the event, visit tinyurl.com/EAP10th.
On the Cusp Podcast: Celebrating Entrepreneurial Voices
On the Cusp, a podcast about entrepreneurship, small businesses and the organizations and people who make North Louisiana a great place to live and do business, continued to showcase the vibrant entrepreneurial spirit of our region in 2024. This past year, the podcast featured inspiring stories from business leaders across the region, from Shreveport and Bossier City to Ruston and Monroe. The purpose of the podcast is to shine a spotlight on the voices and untold stories of our vibrant community. From passionate activists to innovative entrepreneurs and dedicated small business owners, our podcast dives deep into the heart of North Louisiana.
With 2025 marking the milestone of 100 episodes and the conclusion of season nine, On the Cusp has become a vital platform for sharing the challenges and triumphs of local entrepreneurs. By amplifying these voices, the podcast strengthens the connection between the business community and the wider public, fostering a culture of innovation and collaboration. Catch all episodes and watch for new releases at eapla.com/on-the-cusp or wherever you listen to podcasts.
A Promising Future
There’s a thriving community of entrepreneurs and major investment happening in our region. The developments of 2024 are the springboard and momentum we’ll use to make 2025 an even greater one for economic development in North Louisiana.