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Flyte

Flyte is a nonprofit organization based in New Orleans, Louisiana, focused on empowering entrepreneurs and families, particularly Black-owned businesses and women of color from low and moderate-income households.

Founded
2017
Recorded stages
Pre Seed, Seed
Focus sectors
Fintech, Consumer, Healthcare
Recorded regions
United States

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Overview

Flyte is a nonprofit organization founded in 2017 and based in New Orleans, Louisiana. It focuses on empowering entrepreneurs and families by providing essential financial knowledge, skills, and resources to address systemic financial inequities. The organization is dedicated to supporting Black-owned businesses, especially those led by women from low and moderate-income households.

Focus

Flyte invests in early-stage small businesses primarily in the Metro New Orleans area, although it welcomes applications from all Louisiana-based businesses. The organization emphasizes holistic support, including personal and business finance, through its flagship Entrepreneur Empowerment Program, which offers mentorship, financial planning, and access to interest-free loans.

Support

Flyte offers a range of resources including mentorship, financial planning, access to interest-free loans, and cash stipends for childcare and business support services, all aimed at fostering the growth of small businesses.

Questions

Q: What is the duration of the Entrepreneur Empowerment Program? A: The program lasts for 12 months. Q: How many participants are accepted annually? A: The program supports over 100 early-stage small business owners each year. Q: When will applications for the next cohort open? A: Applications for the 2027 cohort will reopen in February 2027.

Overlapping documented focus

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