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For now, the governor's office is trying to piece together a second, more immediate source of funds for the arts, tourism and cultural organizations by tapping into the resources of the state's economic development authorities.
"We're looking at using the power of the economic development authorities to support the arts and tourism because these are economic development engines," Mr. Shuffler said, noting that this source of money could be available in as little as two months.
To get the effort going, Kauffman is committing up to $1 million this year to help as many as 1,000 businesses, and expects that Louisiana economic development authorities and national groups like the Business Roundtable, a group of about 160 chief executives of major corporations, will donate top expertise and financial assistance to the Katrina Urban Entrepreneur effort.
Technology transfer offices, law firms, venture capital firms, economic development authorities, and biotechnology companies with scarce resources or close ties to universities are all organizations that can offer such an experience.
Like other privatized economic development authorities, WEDC has failed to provide the transparency needed to hold contractors accountable to their failure to create jobs.
Aside from studies paid for "by economic development authorities and the Motion Picture Association of America," the Tax Foundation reported, "every other study has found film tax credits generate less than 30 cents for every $1 of spending".
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According to the Beacon Council, the county's economic development authority, Miami could have 10% unemployment soon.
It's not a pretty sight," the head of the town's economic development authority told National Public Radio.
Last week, the departing president of the state economic development authority said he was not interested in collecting $170,000 he had accrued in compensatory time.
The first, a $700 million package aimed primarily at businesses, was directed through the Empire State Development Corporation, the state's economic development authority.
Northland is the first to have its application for the subsidies approved by the economic development authority: $15 million for housing and $15 million for commercial and retail space.
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