The Louisiana Business & Technology Center (LBTC), an integral part of the E. J. Ourso College of Business at Louisiana State University, endeavors to enhance economic development in Louisiana through the support of existing small businesses and the development of new businesses. The LBTC, acting as a proving ground for technology applications and utilization, will serve to stimulate small business formation, growth, and survival. By fostering growth in the new business segment, diversification occurs, and jobs are created, further expanding Louisiana's economic development.

• $115,796,753 in equity, grants and loans
• 13,233 requests for information
• 5,367 received technical and management assistance
• 2,596 business or marketing plans developed
• 1,858 received SBIR support
• 503 businesses started; 9,436 jobs created or saved
• 290 training events for 17,853 participants
• 23 Incubator Tenants created 136 full time jobs in Baton Rouge
• 138 Graduated Tenants with 2,278 jobs created since 1989
• 108 Still in business = 78% success rate

• Small business incubation services
• Management assistance counseling services
• Assistance in developing business plans and strategies
• LTTO and SBIR/STTR assistance
• Financial analysis in preparation for access to capital
• Entrepreneurial education and training
• Referral to professional and advisor resources
• Networking Opportunities
• Linkage to the NBIA and the NTTC

The LBTC began its operations on the LSU Campus in 1988 under a joint venture agreement between LSU, the Greater Baton Rouge Chamber of Commerce and the Louisiana Public Facilities Authority. The LBTC is in its 21th year of operations and is located on the new LSU South Campus Research Park. The LBTC was chartered to provide assistance to small businesses and entrepreneurs, to be LSU's contact in the business community and on economic development activities within the Capital City Region and the State of Louisiana. [MORE]