About
New Louisiana Angel Fund 1 (NLAF 1) was established in 2015 by BRF to address a critical gap in organized investment capital for early-stage startups in North Louisiana. As the first angel investor group dedicated to the North Louisiana region, NLAF 1 operates as a member-managed fund where accredited investors collaborate to evaluate, fund, and support early-stage companies with growth potential. The fund holds monthly meetings to review startup opportunities and make individual investment decisions. NLAF 1 is part of a broader ecosystem of Louisiana-based angel networks, operating alongside related entities managed by BRF including New Louisiana Angel Fund 2 and New Louisiana Angel Fund 3, which collectively serve early-stage venture capital needs across the state. The investment thesis focuses on supporting entrepreneurial companies primarily within Louisiana and the Gulf Coast region, with members leveraging their capital, resources, and expertise to identify promising ventures. The fund targets high-growth businesses where the path to exit is clearly understood, reflecting a disciplined approach to early-stage investing. Members benefit from deal flow, due diligence collaboration, and portfolio diversification, while entrepreneurs gain access to experienced capital providers, mentorship, and an established network of investors committed to Louisiana's startup ecosystem.