The is a member?managed, venture capital fund focused on accelerating early-stage ventures. The fund includes a number of the Gulf Coast’s leading investors, entrepreneurs, and business leaders, and will typically invest between $250,000 and $500,000 in a company.

The South Coast Angel Fund is the first in Louisiana, and the Education Software Company Omnicademy (ESCO) is its first investment. Omnicademy is a social networking platform that enables universities and colleges to manage their courses to one another, enabling institutions to benefit from economies of scale in higher education, while providing an easy to use interface and tools for faculty and students. ()

: [Omniacademy] is the eventual destination for a social business idea potentially turned live experiment with start-up accelerator funding, through a group called . The genesis is a White House initiative that plans to create jobs with seed funding for high potential businesses.