Led by a board of directors appointed by the governor, LEDC reviews and administers financial assistance programs, including Small Business Loan, Micro Loan, Contract Loan, Venture Capital Match, Minority Venture Capital Match, Venture Capital Co-Investment, Louisiana Seed Capital Investment, BIDCO Investment, Specialty BIDCO Investment and Economic Development Award Program. These programs are designed to help small businesses gain access to capital, loan guarantees and loan participations.