Propeller Impact Fund II Interest Form

Entrepreneur Name

First Name

Last Name

Business Address:

State

Zip Code

Does your company meet the industry/location qualifications of the Propeller Impact Fund II (see below)?

YesNo

Food Consumer Packaged Goods (CPG) businesses

Company must be based in Louisiana.
Businesses should already have a food or beverage consumer-packaged good product or prototype with plans to launch a brand. Those without will be considered on a case-by-case basis.
Products must be distributed or be distributable (with plans to do so)
Products/businesses should meet at least one of the following criteria:

Environmentally sound
Locally sourced
Healthy
Or have other compelling social or environmental impacts

Is your company owned and controlled by a socially or economically disadvantaged individual (SEDI) according to the U.S. Department of Treasury? Select which:

Owned and controlled by individuals who have had their access to credit on reasonable terms diminished as compared to others in comparable economic circumstances, due to their membership of a group that has been subjected to racial or ethnic prejudice or cultural bias within American society; gender; veteran status; limited English proficiency; physical handicap; long-term residence in an environment isolated from the mainstream of American society; membership of a federally or state-recognized Indian tribe; long-term residence in a rural community; residence in a U.S. territory; residence in a community undergoing economic transitions (including communities impacted by the shift towards a net-zero economy or deindustrialization); or membership of another “underserved community” Owned and controlled by individuals whose residences are in CDFI Investment Areas.Business enterprises that are located in CDFI Investment Areas.I am unsure and would like assistance from the Propeller team in determining whether my business qualifies as being SEDI-owned and controlled.

Where can a provider confirm if an entrepreneur’s business location (physical address) is in a designated CDFI Investment Area?

Go to the CDFI Fund website (https://www.cdfifund.gov/)
and take the following steps:
• Click the blue CDFI button located under the map.
• Under the filter for “LAYERS” in the top left portion of the site, ensure you have selected “2020 CDFI Tract.”
• At the top left, enter the address and click Enter. Select the correct address from the drop-down menu and a map including your address will appear.
• Select the shaded green area that populates after entering the address. A box will appear with geographical demographic status and will indicate Yes or No if the physical address entered falls in a designated Investment Area (IA).

For frequently asked questions about the SSBCI program, please visit https://www.louisianassbci.com/applicant-faqs/ and select “Seed and Venture Capital FAQs”