FlyGuys, Inc.

Lafayette,
LA
(2023)

FlyGuys, Inc.

Manufacturing

Investment

NMTC Amount: $427,000
Total Project Cost: $10,000,000

IMPACT

48 FTE jobs
22 jobs created and 25.5 jobs retained.

CDEs

Advantage Capital

Project Description

FlyGuys, Inc. (“FlyGuys”) is a full service, project management and data collection company that contracts the best drone pilots to help acquire aerial imaging data to allow for more informed, accurate and affordable decision making for the end user. This project provided the company with working capital needed to retain top talent and update its technology and processes for scalability.

Advantage Capital Community Development Fund’s capital was key to this Series A extension coming together signaling the positive trajectory of the company after past struggles. This project supports accessible, high-paying jobs in Lafayette, Louisiana, which has historically been reliant on the oil and gas industry for economic development. FlyGuy’s job growth in a new industry has brought high visibility to the company, with the company receiving a visit from Senator Bill Cassidy.

MAP

Address: 120 Clinton Street, Lafayette, LA 70501

Census Tract: 22055000100

Other Louisiana Projects

Tate, Etienne, Prevost Center

New Orleans,
LA
(2020)

Adult Education, College or Vocational Training, Community, Floods, Katrina, Mixed-use, Nonprofit Hub

CDE(s): Central States Development Partners, Enhanced Capital, USBCDE

Civil rights trailblazer secures timely financing and breathes new life into history-making school.

Centennial Place

New Orleans,
LA
(2013)

Adult Education, Business Development, College or Vocational Training, Community, Culinary Entrepreneurship, Food Manufacturing, Grocery and Fresh Food, Historic Rehabilitation, Manufacturing, Retail, Retail and Commercial, Shelters and Community Food

CDE(s): Enterprise Community Partners, VOANS

A new redevelopment project rresulted in 52 apartments, a commercial kitchen that prepares fresh and healthy meals for schools and social service clients and offer job training, and retail and

Saint Augustine High School

New Orleans,
LA
(2021)

FQHCs, Schools

CDE(s): Enhanced Capital

Enhanced Capital is thrilled to partner with St. Augustine High School (St. Augustine) to provide financing through the Louisiana and federal New Markets Tax Credit (NMTC) program. Located in New

JE Scott Properties, LLC

Scott,
LA
(2024)

Manufacturing

CDE(s): Advantage Capital

A health services provider expanded its reach, improving care access in Scott, LA