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Jim Engster moves from WRKF to Talk 107.3-FM
For October, we've created a Cuban-inspired menu that is equally appropriate for a crowd or a casual family dinner.
In a society that since World War II has regarded the imperative of going to college as holy writ for anyone seeking a better life, how do you convince a considerable chunk of the population that following the four-year degree path is not necessarily the way to go?
In the wake of a scandal, nonprofits that raise money in LSU's name come under intense scrutiny.
A new angel investor fund is looking for potential investment partners in Baton Rouge to raise some $4 million that will be used to help fund startup businesses along the 10/12 corridor. The fund, South Coast Angel Fund II, will be the second fund created by South Coast, a New Orleans-based entity established four years ago that creates early-stage venture capital funds. The first South Coast Angel Fund raised $2 million and invested between $300,000 and $500,000 each in five startups, including two in Baton Rouge and three in New Orleans. Fund executive Jon Atkinson says the second angel fund will be about twice as large, and that plans call for the creation of additional South Coast angel funds in the future. "The capital community in south Louisiana is not well-organized," says Atkinson. "That is the pain a lot of entrepreneurs are feeling." South Coast is one of the few committed angel funds in the state, which means members invest in the fund up front, decide collectively on which startup companies to fund and share in any returns. South Coast Angel Fund II will have a Baton Rouge chapter, where members can gather to hear startup pitches, which will be made twice a month in person to the membership. This evening from 6 to 8 p.m., Atkinson will lead a free educational session on Angel Investing 101 at the offices of Kean Miller downtown. Register to attend. —Stephanie Riegel Read the full story.
Perhaps the Metro Council had exhausted its emotions at the Mary Roper hearing that preceded its Sept. 10 meeting and just didn't have any more energy to expend on controversy. Perhaps it just wanted to be brought into the loop.
If the much-hyped industrial construction boom materializes over the next three years as anticipated, Louisiana will have some 80,000 jobs it needs to fill with trained workers.
LSU President F. King Alexander is creating a new position in his administration—a vice president for institutional advancement, who will also serve as CEO of the LSU Foundation and oversee all fundraising efforts at the university, including those of the foundation, LSU Alumni Association and Tiger Athletic Foundation. Alexander says the move has been in the works for several months, and is based on the need to better coordinate fundraising among the three private, nonprofit organizations, which he says have not worked together closely enough over the years to produce results. "There is no reason in the world why Michigan State should have a $2 billion endowment and Indiana and Wisconsin, too, when our graduates are doing better than theirs and we have an endowment of less than $400 million," Alexander tells Daily Report. "We need to set our sights higher … We're just 20 years behind in what we've done with our foundations and fundraising." Alexander's actions also come in the wake of a recent lawsuit and sex scandal at the alumni association involving former employee Kay Heath and longtime president Charlie Roberts, who resigned last month but denied any wrongdoing. Alexander told the LSU Board of Supervisors this afternoon that an accounting firm is conducting an independent audit of the alumni association records and that attorneys are conducting a separate investigation. "We will make any findings available to the public," Alexander says. —Stephanie Riegel
Kleinpeter Farms Dairy has brought in new managers in three departments since quality control problems earlier this year cost the company several accounts and threatened to tarnish the beloved local brand. Changes to the dairy's management team include a new plant manager, a new quality control manager, a new sanitation manager—which is a newly created position—and a new sales manager. The management changes are among several steps the dairy has taken in recent months to address problems with the milk's taste and shelf life, which were detailed in a Business Report cover story in May. In a video posted last week on the company's Facebook page, President and CEO Jeff Kleinpeter says in addition to the management changes the dairy has set up temperature checks for all milk systems. It also records the temperature of each delivery truck when it makes deliveries and uses hand-held computers to monitor the temperature at establishments that sell its milk. "I can say with confidence that what we are doing is working," says Kleinpeter. "I am not going as far as to say that we are perfect, but I honestly believe that our Kleinpeter quality is back." —Stephanie Riegel Read the full story.