Help Rebuild New Orleans

Initial public response to Hurricane Katrina has died down and homeless families, jobless parents and bankrupt small businesses need our help.  I propose establishing a small business venture fund that will provide loans of up to $5000 to support the rebuilding of a business. An amount that meager won’t fund the rebuilding of a restaurant or retail business, but it may be all that’s needed to get a craftsman back in business, a construction worker a new set of tools, a shoeshine operator a set of supplies and a stand. Here’s the deal. My wife and I are in for $5000. If we can get a minimum commitment of $50,000, we’ll approach a corporation or foundation for matching funds. Then we’ll have the respected New Orleans City Business magazine disperse the money to worthy loan recipients, the little guy and gal who most run the risk of falling through the cracks. What do you think? It’s not as easy as writing a check to the Red Cross, but it could be equal or greater value when the waters recede and memories fade. As always I seek and value your feedback and response to what I propose. (alf@nucifora.com or 404-307-8773).

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[Emily Nichols]

I think that is an excellent idea to design funds for those victims who experienced the tragedy from Hurricane Katrina. Much attention has decreased from this disaster, resulting many to forget which is a shame. These funds would help many individuals to get back on their feet to start back up again. I feel that most Americans ignore problems except when it affects their own personal life. Out of sight, out of mind. As a Nation, we should provide more help for these victims and New Orleans. We are more concerned with celebrities and we need to turn the attention around to issues that really matter. Providing a fund would be able to capture further attention, involving more Americans to help out. I commend you for this idea on helping others in a time in need.

[Bill Lampton, Ph.D.]

I commend you, Alf, on your plan to help the displaced, fundless small business person. You are targeting a group that many others will neglect. A $5,000 grant to a Katrina victim who truly wants to work and re-establish his livelihood will help restore an income, dignity and personal fulfillment. That's an investment with great promise, both monetary and emotional.