Louisiana Economic Development

**About LED** Louisiana Economic Development (LED) is the cabinet-level state agency responsible for strengthening Louisiana’s business environment, attracting new companies, and supporting existing business growth. It drives the state’s economy by providing financial incentives, specialized workforce training through LED FastStart, and strategic development for key industries like energy and manufacturing. **Mission & Vision** **The Mission,** as established by state law in 1936: To cultivate jobs and economic opportunity for the people of Louisiana. **The Vision,** as put forth in The Five Pillars for Prosperity, which LED adopted in 2024: **1** **Ease of Doing Business:** Position Louisiana to compete and win by making it the easiest and best place to do business. **2** **High Wage Employment:** Ensure every Louisianan has the opportunity for proud, ever-growing wages. **3** **Thriving Regions:** Create thriving regions that are continually capitalizing on opportunities. **4** **Growth and Innovation:** Optimize Louisiana’s asset industries for growth and innovation to lead in the future. **5** **Global Impact:** Drive Louisiana’s business ecosystem toward global impact.