Current Tenants
Graduate Tenants
PURPOSE
The purpose of the LBTC's small business incubator is to create a dynamic environment whereby 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 on the LSU South Campus Research 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 affect success. The LBTC has worked with over 5,002 businesses and entrepreneurs developing over 2,394 business plans, starting nearly 479 businesses and creating more than 9,207 jobs for Louisiana.
SERVICES & RESOURCES PROVIDED
| Quality Office Space |
Mail Service |
| Professional Building Management |
Packaging & Shipping Service |
| Basic Utilities |
Internet Access |
| Janitorial Service |
Telecommunication Services |
| Building Security |
Meeting/Conference Rooms |
| Convenient Parking |
Access to A/V Presentation Equipment |
| Professional Receptionist |
Management Assistance |
| Word Processing & Clerical Support |
Technology Transfer Assistance |
| Photocopying & Duplicating Services |
Access to Library & Information Sources |
| Facsimile Availability |
Access to the LSBDC Technology Center Computer Lab |
LBTC BUSINESS INCUBATOR TENANT LAGNIAPPE ACCESS
APPLICATION CRITERIA
All eligible applicants are encouraged to complete an application packet and submit it to the LBTC’s application committee for review and consideration. This can be done via on-line, fax, or regular mail. The following consist of the LBTC’s eligibility requirements to be considered for the the business incubation program:
- Technology oriented company
- Defined business structure
- Sufficient financial resources or demonstrate the ability to obtain sufficient financial resources while participating in the incubator program
- Principle owner’s must have related management experience.
- Registered with the Louisiana Secretary of State Office
- All Business licenses must be in place prior to entering the program.
- A prototype of the company’s product or service has been developed or soon to be completed.
- The product or service must be technically feasible with acceptable risks.
- Evidence of a clear market opportunity or niche for the product or service.
- Company must have legal rights to its technology (i.e. a patent, potential to patent or other instruments to protect its technology).
- Must demonstrate the ability to generate company growth and provide the opportunity of creating jobs in the Baton Rouge area or the state of Louisiana
LBTC PROSPECTIVE APPLICATION INFORMATION
All prospective tenants are required to submit a packet of information. This information consists of the following but not limited to:
- LBTC Tenant Application
- LBTC Tenant Profile
- Business Plan to include 3 to 5 year financial projections and a 12-month cash flow budget. (If business plan is not available then a Business Concept plan can be substituted for the business plan. The Business Concept plan is usually no more than 2 to 4 pages and contains information on the description of the business, products, technology, or services offered, size and scope of target market, management experience, estimated financial performance projections and risks.)
- Information on the company's technology
- LSBDC Technology Center at LSU Request for Counseling Form
LBTC Prospective Tenant Applications that are not sent Electronically Please Forward to:
Kristy BarlowBusiness Manager Louisiana Business & Technology Center LSU South Campus 8000 GSRI Ave, Building 3000 Baton Rouge, LA 70820 Phone: 225-578-3982 Fax: 225-578-3975 Email: kbarlo2@lsu.edu |
