Hudson Initiative

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FAQs Hudson Initiative

Certification program offers greater access to purchasing and contracting opportunities at the state government level.

Apply Now (opens external page in a new window) Gain greater access to purchasing and contracting opportunities with the State

Louisiana’s Hudson Initiative is a certification program that is designed to help eligible Louisiana small businesses gain greater access to purchasing and contracting opportunities that are available at the State government level.

For small purchases of less than $25,000, State agencies can waive the requirement of getting additional quotes if a certified company submits a quote that is reasonable. 10% of the total evaluation points can be added to your bid on a Request for Proposal (RFP). Prime contractors who use your business as a subcontractor on a bid for an RFP are also eligible to receive additional percentage points on their bid. Your business and contact information will be accessible to State purchasing officials and prime contractors looking for subcontractors. State agencies are encouraged to get quotes from and use qualified, certified companies whenever possible. Eligibility

The program is open to all Louisiana businesses that meet the following eligibility requirements of a Small Entrepreneurship (SE) under the Hudson Initiative. Once certified, business owners are required to submit annual updates through www.ledsmallbiz.com (opens external page in a new window). Failure to submit the required information before your anniversary date each year will result in termination of your certification.

What are the eligibility requirements? Principal Place of Business, The company must have its principal place of business in Louisiana. Employees, The company has fewer than 50 full-time employees. Average Annual Gross Receipts, Average annual gross receipts do not exceed $5 million for non-construction and $10 million for construction companies. Independently Owned and Operated, The business is independently owned and operated. Not Dominant, The business is not dominant in its professional field. Louisiana Residency, Owned by persons domiciled in Louisiana. Citizenship, Owned by and has officers who are U.S. citizens or legal residents.

Program Statutes & Rules:

All incentive program rules are in the Louisiana Administrative Code maintained by the Office of the State Register. View the Hudson Initiative Statutes (opens external page in a new window) View the Titles of the Louisiana Administrative Code (opens external page in a new window) Rules for the Hudson Initiative can be found in Part VIII Executive Order (opens external page in a new window)

Begin the Process (opens external page in a new window) The Process

To take advantage of Louisiana’s Hudson Initiative and gain greater access to purchasing and contracting opportunities with the State government, complete the online application at www.ledsmallbiz.com (opens external page in a new window).

Begin the process arrow-small (opens external page in a new window) 1

Complete the application online. 2

LED will review completed applications within two business days of submittal. 3

Certification status is emailed to applicant. You will receive an email notification after review that acknowledges your application status. 4

Register as a vendor with the Office of State Procurement (opens external page in a new window) to receive notifications about opportunities. 5

Submit annual updates by certification anniversary date to remain certified. 1

Complete the application online. 2

LED will review completed applications within two business days of submittal. 3

Certification status is emailed to applicant. You will receive an email notification after review that acknowledges your application status. 4

Register as a vendor with the Office of State Procurement (opens external page in a new window) to receive notifications about opportunities. 5

Submit annual updates by…

Topic areas: Public Policy and Governance, Workforce Development.

Funding amount

This other provides Varies in funding.

Deadline

Applications are accepted on a rolling basis; there is no single fixed deadline.

Who can apply

This opportunity is open to the following applicant types:

• Not specified by the program.

Eligibility

The program did not publish a separate eligibility statement. See the official opportunity page for the full eligibility criteria.

Agency

Hudson Initiative is administered by Louisiana Economic Development (LED), listed via Louisiana Economic Development.