You will be redirected to the new E. J. Ourso College of Business website in 4 seconds
* The site bus.lsu.edu was last updated December 16, 2011 *
Login to PAWS
Baton Rouge, Louisiana |
Partly Cloudy - 72°F
  • Home
  • |
  • Who Am I?
  • |
  • Academics
  • |
  • Centers
  • |
  • College Info
  • |
  • Dean's Office
  • |
  • Departments
  • |
  • Give
  • |
  • MBA
  • |
  • PhD
  • |
  • Research
  • LSU

    • LBTC SMALL BUSINESS INCUBATOR

    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 Barlow
     Business 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