What Algiers Economic Development Foundation does

The Algiers Economic Development Foundation (AEDF) is a 501(c)(3) nonprofit organization founded in 1991 and incorporated with the IRS in 2011, operating exclusively in the Algiers neighborhood of Westbank New Orleans. The organization's mission is to build a sustainable, business-friendly environment that grows investments and jobs through advocacy, marketing, business development, recruitment, and retention. AEDF serves four primary constituencies: business owners (zoning, permits, incentives), residents (community resources), developers and site consultants (LED certified sites, Opportunity Zones), and youth (workforce development). The organization is governed by a 10-member Board of Directors with an executive committee, and operates with a minimal paid staff including an Interim Executive Director and an ACED Program Manager.

AEDF's core offerings are programs and events rather than technology products. Its signature programs include the Algiers Career and Educational Development (ACED) youth workforce initiative, business support services, a membership program, site selection assistance, and recurring small business workshops. Major events include the Annual Meeting & Breakfast (premier fundraising event with ~200 attendees), the Algiers Holiday Bonfire & Concert (the largest public event in Algiers), and quarterly business mixers. The organization has no proprietary technology platform; its digital infrastructure consists of a WordPress website, social media presence, and a third-party membership/directory platform (Springly).

AEDF is funded through three revenue streams: membership dues (annual subscription providing networking, advertising, and advocacy benefits), donations and charitable contributions (501(c)(3) status), and event sponsorships/ticket sales. Membership pricing is not publicly disclosed. The organization partners with an extensive network of local schools, universities, regional economic development organizations, and commercial entities to deliver programs. Revenue figures are not publicly disclosed, and the organization has no parent company, no subsidiaries, and no investment funding.

Name

Algiers Economic Development Foundation

Legal name

Algiers Economic Development Foundation

Website

https://algierseconomic.com

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

1–10 employees

Short description

The Algiers Economic Development Foundation (AEDF) is a 501(c)(3) nonprofit founded in 1991 that serves the Algiers neighborhood of Westbank New Orleans. It supports business owners, residents, developers, and youth through membership programs, technical assistance, workforce development, and community events.

Ownership category

akta.pro rank

Headquarters

HQ city

New Orleans

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Membership Dues: AEDF operates a membership program offering networking opportunities, advertising and promotion, advocacy support, and professional development workshops to members. Quarterly mixers and annual meetings provide networking venues.
2. Donations and Contributions: As a 501(c)(3) nonprofit organization, AEDF accepts charitable contributions and donations via PayPal to support community economic development programs.
3. Event Sponsorships: The Annual Meeting & Luncheon is described as AEDF's premier fundraising event, with ticket sales and sponsorships supporting operations.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

AEDF is a 501(c)(3) nonprofit economic development organization that delivers advocacy, technical assistance, and small business support services to the Algiers neighborhood of Westbank New Orleans. Its offerings span business recruitment and retention, workforce development through the ACED youth program, site selection assistance for developers, networking mixers, workshops, and signature community events such as the Annual Meeting & Breakfast and the Algiers Holiday Bonfire & Concert.

Product overview

The Algiers Economic Development Foundation (AEDF) is a 501(c)(3) nonprofit organization that offers a portfolio of community programs and services rather than a technology product. Its core offerings include the Algiers Career and Educational Development (ACED) Program—a five-month youth workforce development initiative—alongside business support services, membership programs, site selection assistance for developers, and various networking events. AEDF hosts recurring events including the Annual Meeting & Breakfast (its premier fundraising event), the Algiers Holiday Bonfire & Concert (the largest public event in the Westbank), and quarterly business mixers. The organization also provides free technical assistance workshops on topics like business planning, tax management, HR, and OSHA compliance. These programs work together to fulfill AEDF's mission of building a sustainable, business-friendly environment in Algiers through advocacy, marketing, business development, recruitment, and retention.

Differentiator

Problem solved

Functional benefit

Products and services

• Algiers Career and Educational Development (ACED) Program

Quantifiable outcome

• 125 trees planted in beautification effort along Texas, Bender, and Memorial Park Dr.

Named customers1 record

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

17 partnerships are on record, tiered core and minor.

• Louisiana State Senator Gary Carter, Jr.coreStrategic or Co-development Partner · 1 January 2026Partner in the Algiers Career and Educational Development (ACED) program, a youth workforce development initiative for high school juniors and seniors. Senator Carter helped establish the program and continues to be involved in its improvement and community youth development.
• Landry-Walker College and Career Preparatory High SchoolcoreStrategic or Co-development PartnerKey partner in ACED program providing youth workforce development services to high school students in Algiers.
• Edna Karr High SchoolcoreStrategic or Co-development PartnerKey partner in ACED program providing youth workforce development services to high school students in Algiers.
• Delgado Community College Westbank CampuscoreStrategic or Co-development PartnerHigher education partner in ACED program, offering students tours and exposure to higher education and career pathways.
• University of Holy CrosscoreStrategic or Co-development PartnerHigher education partner hosting the 2026 AEDF Annual Breakfast and providing educational pathway opportunities for ACED students.
• Honeybee StrategiesminorStrategic or Co-development PartnerLocal Environmental Health & Safety nonprofit that partnered with AEDF to deliver a free workshop on Navigating OSHA for Small Businesses.
• Louisiana Workforce Commission (LWC)minorStrategic or Co-development PartnerPresented HR and Employment workshop for small businesses covering unemployment claims, workers compensation, labor market information, and workforce resources.
• Louisiana Small Business Development Center at Xavier University (LSBDC at XULA)minorStrategic or Co-development PartnerPartnered with AEDF to deliver Business Planning for Entrepreneurs workshop, providing templates and financial projection tools.
• SRSA Real EstateminorStrategic or Co-development PartnerCommercial real estate firm partnered with AEDF to deliver Commercial Real Estate 101 workshop for small businesses.
• South Central Planning & Development Commission (SCPDC)minorStrategic or Co-development PartnerCollaborated with AEDF to host Small Business Low-Interest Loan Program workshop helping business owners access flexible financing.
• Gardner Construction, LLCminorStrategic or Co-development PartnerPartnered with AEDF in tree planting initiative, planting 125 trees along Texas, Bender, and Memorial Park Dr. in Algiers.
• Gretna Economic Development AuthorityminorGTM or Marketing PartnerCo-hosting Mega Networking Night on the West Bank with AEDF and other regional economic development organizations.
• Jefferson Chamber of CommerceminorGTM or Marketing PartnerCo-hosting Mega Networking Night on the West Bank with AEDF and other regional economic development organizations.
• Jefferson Economic Development CommissionminorGTM or Marketing PartnerCo-hosting Mega Networking Night on the West Bank with AEDF and other regional economic development organizations.
• Plaquemines Association for Business and IndustryminorGTM or Marketing PartnerCo-hosting Mega Networking Night on the West Bank with AEDF and other regional economic development organizations.
• Westbank Business and Industry AssociationminorGTM or Marketing PartnerCo-hosting Mega Networking Night on the West Bank with AEDF and other regional economic development organizations.
• Regional Transit Authority (RTA)minorStrategic or Co-development PartnerRTA staff worked with AEDF to set up the Canal Ferry Terminal signage celebration event.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Regional players

• Gretna Economic Development Authority: Municipal economic development authority serving Gretna on the Westbank. Co-hosts the Mega Networking Night with AEDF and competes for the same Westbank corporate sponsorship and member base.
• Plaquemines Association for Business and Industry: Regional business and industry association serving Plaquemines Parish. Co-hosts Mega Networking Night and competes for Westbank and Greater New Orleans corporate sponsorships.
• Downtown Development District of New Orleans: Special tax district focused on downtown New Orleans economic and commercial development. Comparable nonprofit governance structure and economic development mission in a different, adjacent New Orleans geography.

Direct peers

• Jefferson Chamber of Commerce: Regional chamber of commerce serving Jefferson Parish businesses, overlapping AEDF's Westbank member base. Co-hosts Mega Networking Night and competes for corporate sponsorships and member dues.
• Jefferson Economic Development Commission: Parish-level economic development organization for Jefferson Parish. Operates with broader geography but overlapping developer-relations and incentive-navigation mission, competing for the same corporate and political attention.
• Westbank Business and Industry Association: Regional business association explicitly serving the Westbank. Most direct overlap with AEDF's Algiers/Westbank member base and event programming.
• New Orleans Regional Black Chamber of Commerce: Regional chamber focused on Black-owned business development in the New Orleans area. AEDF's Interim Executive Director previously led this organization; serves a similar minority business support and advocacy mission in an adjacent geography.

Broad incumbents

• Greater New Orleans, Inc. Regional economic development alliance covering the 10-parish Greater New Orleans region. Operates as a larger incumbent in the same economic development category, with overlapping developer-relations and policy advocacy scope.

Others

• Louisiana Economic Development (LED): State-level economic development agency that certifies AEDF's promoted sites (WB20 and Woodland Highway). Acts as an upstream enabler and partner rather than a direct competitor, supplying the LED certification framework AEDF leverages.

Emerging players

• Urban League of Louisiana: Statewide nonprofit advancing economic empowerment and workforce development. Overlaps AEDF's ACED workforce development mission and small business support focus through adjacent programs in the New Orleans region.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/algierseconomic
• Facebookfacebook.com/algierseconomic
• LinkedInlinkedin.com/company/algiers-economic-development-foundation
• Instagraminstagram.com/algierseconomic

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Algiers Economic Development Foundation