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July 24.2025
2 Minutes Read

OnPath Foundation's $40K Scholarships Spark Hope for Louisiana's Future

Group of young adults sitting with books discussing OnPath Foundation Scholarships Louisiana.

OnPath Foundation's Generous Commitment to Education

The OnPath Foundation has made a profound impact on the education landscape of Louisiana by awarding $40,000 in scholarships this year. This initiative marks a significant financial commitment to support the academic endeavors of talented high school seniors from various backgrounds, providing them with $2,000 each as they embark on their college journeys. This investment not only enhances individual futures but also contributes to the long-term development and prosperity of the state.

Empowering the Leaders of Tomorrow

Jay Huffstatler, Executive Director of the OnPath Foundation, emphasizes the power of education in driving generational change. This year’s scholarship recipients were selected based on a highly competitive evaluation through criteria that included academic excellence, community involvement, and demonstrated leadership abilities. Such attributes are essential for fostering the next generation of leaders who will ultimately contribute to the economy and community of Greater New Orleans.

The Call for Investment in Education

The Foundation's Education support pillar reflects a broader commitment to educational access. By awarding scholarships to 20 students, the OnPath Foundation encourages local business leaders and organizations to recognize the importance of nurturing talent within their communities. Supporting education not only benefits the students but also creates a more educated workforce, ultimately driving economic growth in Southern Louisiana.

A Diverse and Promising Group of Scholars

The scholarship recipients vary widely in background, aspirations, and achievements, reflecting the goal of the OnPath Foundation for inclusivity. Each student brings unique experiences that enrich their communities and the state at large. This diversity is crucial for fostering innovative ideas and solutions to address the challenges that Louisiana faces.

Community Involvement: A Driving Force

The success of the OnPath Foundation's scholarship program relies not only on financial investments but also on community engagement. Local businesses, nonprofits, and institutions can play a pivotal role by collaborating with educational programs to mentor and support students as they prepare for their futures. This synergy can deepen local ties and produce a more resilient economic environment.

Encouraging Future Philanthropic Efforts

Such initiatives highlight the potential of corporate and individual philanthropy in shaping educational outcomes. Business leaders in New Orleans and Southern Louisiana are encouraged to consider how they can replicate this model in their own sectors. Whether through scholarships, internships, or mentorship programs, every effort counts toward building a stronger community.

Making a Difference Together

The OnPath Foundation's recent scholarship awards demonstrate the incredible impact that community-focused efforts can achieve. As business leaders and entrepreneurs in Louisiana, it is crucial to invest in the education of our youth because doing so not only empowers individuals but also strengthens the very fabric of our society. Investing in education is investing in a better future for us all.

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07.21.2025

SUNO Leadership Change: What Joseph Bouie Jr. Means for New Orleans Business

Update Leadership Changes at SUNO: A New Chapter Begins In a significant shift for Southern University at New Orleans (SUNO), Chancellor James Ammons has officially announced his departure from the role he has held for the past six years. Effective August 1, he will be succeeded by state Sen. Joseph Bouie Jr., who was appointed by the Southern University Board of Supervisors on July 18. This leadership change not only marks a new beginning for SUNO but also signals potential shifts in direction for the institution within the Greater New Orleans educational landscape. The Impact on Local Education and Business As educational institutions often play a pivotal role in local economic development, Bouie’s leadership could bring a fresh perspective that aligns education with the needs of businesses in Southern Louisiana. The Greater New Orleans area has seen a push for economic revitalization and educational enhancement, and Bouie's connections within state politics may facilitate partnerships beneficial for both students and local businesses. Reactions from Local Business Leaders The news of SUNO's leadership change has drawn attention from New Orleans business leaders who recognize the importance of a robust educational framework. Local entrepreneurs and executives are keen to see how Bouie adjusts to this new role, particularly in fostering collaborations that can enhance workforce training and development in the region. With a deep understanding of the political and economic landscape, Bouie is expected to not only uphold SUNO's mission but also connect with the Greater New Orleans business community more intimately. Future Directions: Education Meets Economy The intersection of education and economic development remains crucial for communities striving for growth. Bouie’s experience as a state senator equips him with insights into legislative support for higher education. This could lead to increased funding opportunities and innovative programs aimed at nurturing local talent, especially in sectors like technology and healthcare, which are vital for New Orleans' future. A Glance Into Bouie's Background Sen. Joseph Bouie Jr. brings a wealth of experience that may prove advantageous for SUNO. His tenure in the state legislature showcases his commitment to addressing educational disparities and advocating for policy changes that could promote inclusivity and accessibility in education. This background will likely inform his strategies as he takes charge of SUNO. Conclusion: A Time of Hope and Change The transition at SUNO is emblematic of a broader narrative in New Orleans—one of progress, adaptation, and the quest for a more vibrant future. As Bouie prepares to lead, local leaders are hopeful that his leadership will not only advance SUNO’s objectives but also strengthen connections between educational pathways and the evolving demands of the workforce. As New Orleans business leaders continue to navigate the changing landscape, it is essential to follow how SUNO evolves under Bouie's leadership and what initiatives may emerge to bridge education with economic growth.

07.19.2025

How Gregory Rusovich’s Vision is Impacting Louisiana’s Maritime Industry

Update Celebrating a Maritime Force: Gregory Rusovich's Contribution The World Trade Center New Orleans has announced Gregory Rusovich, CEO of Transoceanic Development, as the 2025 recipient of the prestigious C. Alvin Bertel Award. This award has been recognizing notable contributions to Louisiana’s port and maritime industry since 1967. With deep roots in the local maritime sector, Rusovich's leadership has helped to pioneer Louisiana’s position on the global stage. The Heart of Louisiana’s Economy In his acceptance speech, Rusovich highlighted the importance of the maritime industry to the region, stating, "The maritime industry is dear to me and my family, and is the lifeblood of our beloved region and state." His vision for the industry positions it as the “Gateway to America” and emphasizes its role as an export hub to the world. His aspirations reflect a forward-thinking approach that aligns with the Greater New Orleans 20-year economic plan, which seeks to bolster trade and investment in Louisiana. Visionary Leadership: A Career Timeline Gregory Rusovich’s journey began at Tulane University, where he graduated before joining Transoceanic Shipping Company in 1981. With a keen eye for opportunity, he became known for implementing strategies that expanded the company's reach globally. Founding Transoceanic Development marked a significant moment in his career, establishing a firm dedicated to global transportation and humanitarian logistics. Under his guidance, Transoceanic Development flourished, leading Louisiana’s maritime initiatives. Community Impact: Beyond Business Michael Hecht, President and CEO of Greater New Orleans, Inc., praised Rusovich for being a driving force behind Louisiana's resurgence as a global trade hub. His efforts have not only secured international flights but have also significantly driven foreign investment into Louisiana. These accomplishments resonate with local leaders and entrepreneurs, inspiring them to engage with the maritime sector actively. Future Implications for Louisiana As Louisiana strives to solidify its reputation as a maritime powerhouse, Rusovich’s leadership could set a precedent for future collaboration between businesses and local organizations. By focusing on sustainable practices and technology, the maritime industry can enhance its global competitiveness, which is increasingly important in a turbulent economic environment. Encouraging Engagement in the Maritime Industry For New Orleans business leaders and entrepreneurs contemplating engagement in this vital sector, taking cues from Rusovich's career can provide insights into effective community engagement and innovation in maritime business strategies. As new challenges and opportunities arise, seasoned industry leaders like Rusovich demonstrate the potent influence of active participation in shaping the economic landscape. This year, as Louisiana honors Gregory Rusovich with the C. Alvin Bertel Award, it’s a reminder of how individual contributions to our maritime community can drive broader economic growth. It invites local professionals to consider their roles within this thriving industry, encouraging new visions and initiatives that align with the state’s long-term objectives.

07.16.2025

What New Orleans Business Leaders Need to Know About OBBBA Energy Laws

Update The Future of Energy Law: Understanding the OBBBA's Impact On July 4, 2025, President Trump signed a landmark legislation known as the "One Big Beautiful Bill Act" (OBBBA), which aims to significantly expand oil and gas production across the United States. This sweeping energy law has sparked conversations among business leaders and policymakers alike, particularly in regions like New Orleans, where energy production plays a vital role in the economy. What the OBBBA Means for Southern Louisiana The provisions of OBBBA are poised to create a substantial ripple effect through the Southern Louisiana energy sector. As businesses and entrepreneurs in New Orleans follow the unfolding of these new regulations, they must consider how the changes in energy law could influence everything from real estate development to local business operations. An increase in oil and gas production could potentially lead to job creation and economic growth, offering opportunities for new ventures and expansions. The Broader Economic Landscape: Energy and Beyond Energy doesn’t operate in isolation; it intertwines with various industries including hospitality, retail, and technology. As the OBBBA aims to boost fossil fuel production, stakeholders in these sectors must prepare for shifts in energy prices and investment patterns. Insights into the links between energy production and the local economy are critical for New Orleans business leaders, especially those involved in commercial real estate. Anticipating Changes: What to Watch For Professionals and executives in the Greater New Orleans area should remain vigilant regarding how OBBBA's implementation plays out. Following developments related to energy law will be essential for adapting strategies that align with market trends. This includes insights from legal experts like Tony Marino from Gordon Arata, who emphasize the importance of understanding the legal framework surrounding the energy landscape. Community Insights: Navigating Risks and Opportunities While the economic potential is promising, business leaders must also stay alert to the risks posed by increased oil and gas activities. Local communities must manage environmental concerns and ensure sustainable practices. This conversation is particularly salient within the context of New Orleans, where cultural and environmental considerations are paramount. Discussions around climate change and community health will likely grow as energy laws evolve, highlighting the intricate balance between growth and sustainability. Conclusion: The Path Forward for New Orleans Businesses Understanding energy laws like the OBBBA provides valuable insights into the future of the economy in New Orleans. Business leaders are encouraged to stay informed and proactive as they navigate this changing landscape. Awareness of the potential impacts and opportunities will empower them to adapt strategies and engage in meaningful dialogues about sustainable practices that can benefit both their businesses and the community as a whole.

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