St. Martin Economic Development Authority
- Company typePublic
- Founded-
- HeadquartersBreaux Bridge, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
St. Martin Economic Development Authority firmographics
Firmographics- Name
- St. Martin Economic Development Authority
- Legal name
- St. Martin Economic Development Authority
- Website
- https://stmartinparish.biz
- Company type
- Public
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Where St. Martin Economic Development Authority is headquartered
LocationHeadquarters
- HQ city
- Breaux Bridge
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
St. Martin Economic Development Authority business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Economic Development Services: As a public economic development authority, SMEDA does not generate revenue through product sales. Its function is to stimulate growth of the parish's economy by creating and maintaining an optimum environment for new and existing businesses, facilitating growth and expansion of local businesses, and generating opportunities to increase the sales tax base of local communities. Funding comes from public/governmental sources.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
St. Martin Economic Development Authority product offering
Product offeringCore offering
SMEDA is the government economic development authority for St. Martin Parish, Louisiana, providing hands-on support for businesses and developers seeking to locate, expand, or grow in the parish. Its core services include site selection assistance, permitting and incentive navigation, workforce development coordination (via LED FastStart), commercial real estate listing access, and a community job board, all offered as a free public service to stimulate parish economic growth and expand the local sales tax base.
Product overview
St. Martin Economic Development Authority (SMEDA) is a government economic development organization that serves as a marketing and support platform for St. Martin Parish, Louisiana. The organization does not offer a unified technology product; rather, it provides a static information website built by Golden Shovel Agency that showcases available properties, workforce data, business resources, incentives, community profiles, and job listings for economic development purposes. Key digital modules on the site include a commercial real estate listing module for site selectors and a community job board for employment opportunities.
Differentiator
Problem solved
Functional benefit
Products and services
- Business Attraction, Retention, and Expansion Support Hands-on support for companies and developers seeking to start, expand, or retain operations in St. Martin Parish, Louisiana, including introduction to local decision-makers and brokering of resources to stimulate parish economic growth.
- Site Selection and Available Properties Assistance Assistance to site selectors and businesses in identifying and evaluating industrial and commercial properties within St. Martin Parish, supported by a commercial real estate listing module on the SMEDA website.
- Business Incentives Navigation (LED Program Brokering) Assistance to businesses in accessing state-level Louisiana Economic Development incentive programs including the Enterprise Zone program, Industrial Tax Exemption Program (ITEP), Quality Jobs Program, and LED FastStart customized workforce training and recruitment.
- Workforce Development Coordination (LED FastStart) Coordination with the LED FastStart program—ranked #1 workforce training program in the nation for 12 consecutive years by Business Facilities magazine—to deliver customized recruitment and training for businesses locating or expanding in St. Martin Parish.
- Community Job Board Service Online job board hosted on the SMEDA website where local employers can post employment opportunities and job seekers can apply, supporting workforce recruitment across St. Martin Parish.
- Permitting and Licensing Navigation Coordination with St. Martin Parish Government to assist businesses with building permits, occupational licenses, and planning/zoning requirements.
- Retail Recruitment Partnership Service (with Retail Strategies) Tailored retail recruitment service in partnership with Retail Strategies for the City of Breaux Bridge, providing market analysis, consumer analysis, and proactive retail/broker outreach.
Quantifiable outcome
- 23% lower electricity rates than national average
- +3 more outcomes
Companies that use St. Martin Economic Development Authority
Customer profileNamed customers9 records
Segments5 records
Ideal customer profiles3 records
St. Martin Economic Development Authority technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
St. Martin Economic Development Authority partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered minor and core.
- Retail StrategiesminorLeading national community development firm partnered with City of Breaux Bridge to create and execute a retail recruitment plan. Provides tailored retail recruitment plan through partnership-based market analysis, consumer analysis, and proactive retail/broker outreach.
- Golden Shovel AgencycoreFull-service economic development marketing agency that designed and launched SMEDA's new website in January 2022. Website features community job board and commercial real estate module. Located at 43 East Broadway, Little Falls, MN.
- Louisiana Economic Development (LED) FastStartcoreLED FastStart is a workforce training and development program recognized as #1 in the nation for 12 consecutive years. Available to businesses locating or expanding in St. Martin Parish, providing customized recruitment and training services.
- Louisiana Workforce CommissioncoreState agency with mission to put people to work. Provides Louisiana Star Job tool for job seekers to explore careers, apply for jobs, and connect with education and training providers. Located in Baton Rouge, LA.
- One AcadianacoreBusiness-led, privately-funded economic development organization serving a nine-parish (county) area in South Louisiana. Vision is to make the region one of the most sought-after places in the South for emerging businesses and professional talent. Located at 804 E St Mary Blvd, Lafayette, LA.
- South Louisiana Community College - Lafayette CampuscoreCommunity college offering more than 50 programs leading to associate degrees, technical diplomas, and certificates to 10,000 students annually. Strong workforce development focus with programs in healthcare sector including CNA and EMT certifications. Located at 320 Devalcourt St, Lafayette, LA.
- St. Martin Parish College and Career Readiness CentercorePart of St. Martin Parish School System, helping high school students earn industry-based certifications and college credits. Programs include nursing assistant, production processes, cosmetology, electrician, JROTC, welding, and restaurant/foodservice. Located at 702 W Bridge St, Breaux Bridge, LA.
- Louisiana Economic Development (LED)coreCentral state agency for accessing economic development incentives including Enterprise Zone, Industrial Tax Exemption Program (ITEP), Quality Jobs Program, and Motion Picture Production Program. Rated Top Ten State in 2020 for business incentive programs by Area Development magazine.
- St. Martin Parish building permits and occupational licensescoreParish-level resource for building permits and occupational licenses, accessible through St. Martin Parish planning and zoning department.
- UL Lafayette Micro Business Development CenterminorUniversity-based small business development center providing training and technical support to small businesses and entrepreneurs.
- US Small Business AdministrationminorFederal agency providing small business support, loans, and resources for entrepreneurs and small businesses.
- J.T. Meleck DistilleryminorLocal family distillery in Branch, LA producing rice-based spirits including vodka and whiskey. Family business dates back to 1896. Featured as success story of local business growth in Acadiana region.
Scale indicators8 records
Recent moves7 records
St. Martin Economic Development Authority competitors and assessment
Company assessmentDirect peers
- One Acadiana: Regional economic development organization serving a nine-parish area in South Louisiana, including St. Martin Parish. Directly comparable as a co-marketing partner and competing EDO operating at a multi-parish scale with overlapping employer relationships.
- Acadiana Economic Development Council: Regional EDO serving the Acadiana region with overlap to SMEDA's employer base. Comparable mission around business attraction and retention in the same geographic footprint, and Executive Director Jennifer Stelly serves on its board.
- Lafayette Economic Development Authority: Parish-level EDO serving neighboring Lafayette Parish, the dominant economic hub of the Acadiana region. Directly comparable in mandate and GTM, but operates in a larger, better-resourced market just 7 minutes from St. Martin Parish.
Broad incumbents
- Louisiana Economic Development (LED): State-level economic development agency that administers the incentive and workforce training programs (LED FastStart, Enterprise Zone, ITEP, Quality Jobs) that SMEDA markets to prospects. Operates one organizational tier above SMEDA in the Louisiana EDO hierarchy.
- Baton Rouge Area Chamber: Regional chamber and EDO serving the Baton Rouge metro of Louisiana. Comparable as a Louisiana EDO focused on business attraction, retention, and workforce development, though serving a larger and more industrial-heavy market.
- Greater New Orleans, Inc. Regional economic development organization serving the Greater New Orleans area of Louisiana. Comparable as a Louisiana-based EDO pursuing business attraction and retention, though at a larger metropolitan scale and with a different industry mix.
Regional players
- Mississippi Development Authority: State-level EDO for neighboring Mississippi. Comparable as a competing EDO in the Gulf South region that markets competing incentive packages, workforce programs, and site selection services to the same pool of site selectors SMEDA targets.
- Northeast Louisiana Economic Alliance: Multi-parish regional EDO in northeast Louisiana. Comparable as a sub-state economic development organization with similar site-selection, workforce, and incentive navigation services, but operating in a different geography of the state.
- Central Louisiana Economic Development Alliance: Regional EDO serving central Louisiana parishes. Directly comparable in mandate and scale to SMEDA but operating in a different geography (Alexandria region) with a different industry mix more weighted to military and timber.
Others
- Golden Shovel Agency: Full-service economic development marketing agency that built and maintains SMEDA's website. Indirectly comparable as an ecosystem enabler serving hundreds of U.S. EDOs, and a key vendor partner in SMEDA's digital GTM infrastructure.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
St. Martin Economic Development Authority social profiles
Digital presenceSt. Martin Economic Development Authority financial estimates
Financial estimateRevenue estimate
Valuation estimate
St. Martin Economic Development Authority leadership team
Management profileNumber of profiles
Profiles1 record
St. Martin Economic Development Authority funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
St. Martin Economic Development Authority M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about St. Martin Economic Development Authority
What does St. Martin Economic Development Authority do?
SMEDA is the government economic development authority for St. Martin Parish, Louisiana, providing hands-on support for businesses and developers seeking to locate, expand, or grow in the parish. Its core services include site selection assistance, permitting and incentive navigation, workforce development coordination (via LED FastStart), commercial real estate listing access, and a community job board, all offered as a free public service to stimulate parish economic growth and expand the local sales tax base.
Is St. Martin Economic Development Authority a public or private company?
St. Martin Economic Development Authority is a public company. It is classified as state government owned and is currently operating.
When was St. Martin Economic Development Authority founded?
St. Martin Economic Development Authority was founded in -1. It employs 1 to 10 people.
Where is St. Martin Economic Development Authority based?
St. Martin Economic Development Authority is headquartered in Breaux Bridge, United States, in the North America region.
How does St. Martin Economic Development Authority make money?
One revenue line is on record: economic Development Services.
Who are St. Martin Economic Development Authority's main competitors?
Direct peers on record are One Acadiana, Acadiana Economic Development Council and Lafayette Economic Development Authority. Broad incumbents are Louisiana Economic Development (LED), Baton Rouge Area Chamber and Greater New Orleans, Inc.. Regional players are Mississippi Development Authority, Northeast Louisiana Economic Alliance and Central Louisiana Economic Development Alliance. Golden Shovel Agency is listed as an others.
Does St. Martin Economic Development Authority have an API?
No public API is recorded for St. Martin Economic Development Authority.