INNOV8 Acadiana has been awarded a $75,000 grant by JP Morgan Chase to grow the
Acadiana Entrepreneurial Ecosystem. INNOV8 Acadiana brings entrepreneurs together with investors. Pete Prados of INNOV8 Acadiana said,

We are very excited to receive this grant from one of the best friends of small businesses in the country. The money will primarily be used for personnel and programming as we continue to open doors for students, startups and second stage companies throughout our region.

JP Morgan Chase serves over four million small businesses throughout the country and has been ranked as the state's number one Small Business Association lender for three consecutive years.

Prados went on to say,

All of the primary pieces of the puzzle are coming together to grow our entrepreneurial ecosystem; talent, acceleration and access to capital. Especially at a time like this in Acadiana where the energy market is hurting everyone, entrepreneurs still continue to launch great companies and create exciting new avenues for job and wealth creation.