Welcome to the Louisiana Business & Technology Center! We house more than two dozen small businesses as tenants in our business incubator and have counseled thousands of entrepreneurs and small businesses in the state through various initiatives. Among these programs are our Technology Transfer Office, Mobile Classroom, and International Trade Counseling. Additionally, we operate the LSU Student Incubator to aid younger entrepreneurs who are still in school with their burgeoning businesses.
Since we were established in 1988, we have endeavored to enhance economic development in Louisiana through the support of existing small businesses and the development of new businesses. Our success as a proving ground for technology applications and utilization and as a facilitator of the formation and growth of small businesses has been recognized often over the years.
In 2005, the National Business Incubation Association (NBIA) named us the Randall M. Whaley Incubator of the Year. Four years later, we received the 2009 Economic Development Administration Excellence in Economic Development Award for Rural Economic Development, recognizing the tremendous service the Mobile Classroom provides. These two awards, however, only represent a small sampling of the honors that we have garnered collectively and as individuals.
Purpose
The purpose of the LBTC’s small business incubator is to create a dynamic environment where businesses can focus on product or technology development as well as sales and marketing. The LBTC provides facilities, furniture and equipment (when available), management assistance, administrative assistance and back office support to its tenants.
Advantages to Businesses
Ideally located at the LSU Innovation Park, the 25,000 square foot LBTC small business incubator provides office space and a friendly business environment for new business startups. By allowing the incubator to handle administrative details and overhead problems, the tenant companies can concentrate on operations, production, and marketing, three factors that directly effect success. The LBTC has worked with over 6,400 businesses and entrepreneurs developing over 2,394 business plans, starting 553 businesses and creating more than 9,207 jobs for Louisiana.
Services and Resources Provided
- Quality Office Space
- Mail Service
- Professional Building Management
- Packaging & Shipping Service
- Basic Utilities
- Internet Access
- Janitorial Service
- Telecommunication Services
- Building Security
- Convenient Parking
- Access to A/V Presentation Equipment
- Professional Receptionist
- Management Assistance
- Word Processing and Clerical Support
- Technology Transfer Assistance
- Photocopying & Duplicating Services
- Access to Library & Information Resources
- Facsimile Availability
- Meeting and Conference Rooms
