FAQ

General Questions:

Where is Iberia?

Iberia Parish, Louisiana is located along the Louisiana Gulf of Mexico coast, between Houston, Texas and New Orleans, Louisiana.  We're located south of Interstate 10 and along the future corridor of Interstate 49 south (currently US Highway 90).

How can I contact you?

By phone at: (337) 367-0834 or toll free (888) 879-9669

By e-mail at: info@iberiabiz.org

By fax at: (337) 367-7421

By US Mail at: 101 Burke St., New Iberia, LA 70560

How do I find your offices?

From the intersection of US Highway 90 and LA Highway 14:

Exit from US Highway 90 at the LA 14 Exit. If coming from Lafayette, turn left at the end of the exit ramp. If coming from Morgan City, turn right at the end of the exit ramp. Proceed down Highway 14 until it terminates and intersects with Highway 182 (Main Street). Turn Left. Main Street is a one-way street. Proceed down Main Street, past the Shadows-On-The-Teche and Sliman (Evangeline) Theater, until you reach the third stop light (Iberia Street). Turn Right. Proceed down Iberia Street, making a hard left turn as the street reaches the bayou. Turn Left into Boulignay Plaza parking lot. The IDF building is the last building on Iberia Street before the bayou,(light blue building with the blue and white striped awnings), directly across the street from the Plaza parking lot.

As the name implies, is IDF only involved in Industrial development?

No. The IDF is the primary facilitator for all Economic Development activities (both large and small) in Iberia Parish and the cities of New Iberia and Jeanerette, the village of Loreauville, and the town of Delcambre.  We're focused on bringing more business opportunities and more jobs to our community.

Does IDF charge for any of it's Small Business Advisory Services?

No. We provide advisory services to the Business Community at no charge. 

How do I join the IDF?

It's as easy as giving us a call at (337) 367-0834 and telling us you'd like to be a part of "Team Iberia".

Frequently asked Small Business Advisory Questions:

What is a business plan and why do I need one?

A business plan precisely defines your business, identifies your goals and serves as your firm's resume. Its basic components include a current and pro forma balance sheet, an income statement and a cash flow analysis. It helps you allocate resources properly, handle unforeseen complications, and make the right decisions. Because it provides specific and organized information about your company and how you will repay borrowed money, a good business plan is a crucial part of any loan package. Additionally, it can tell your sales personnel, suppliers and others about your operations and goals.

How much money do I need to get started?

Once you have taken care of your building and equipment needs you also must have enough money on hand to cover operating expenses for at least a year. These expenses include your salary as the owner and money to repay your loans. One of the leading causes of business failure is insufficient start-up capital. Consequently, you should work closely with your accountant to estimate your cash flow needs.

Does SBA offer grants for small business startup?

SBA's limited grant offers are generally designed to expand and enhance an existing small business technical assistance.

SBA's grant programs generally support non-profit organizations, intermediary lending institutions, and state and local governments in an effort to expand and enhance small business technical and financial assistance.

What Kind of Insurance Should I have?

Business owners must consider protection for their investment and for situations that may arise involving customers. For employees, worker’s compensation coverage is required by all employers operating in Louisiana.Other types of business insurance coverage and costs can vary widely, depending upon the type of business.