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.

• $129,431,520 in equity, grants and loans
• 13,955 requests for information
• 5,672 businesses & entrepreneurs received technical and management assistance
• 2,992 business or marketing plans developed
• 1,895 companies received Small Business Innovative Research (SBIR) support
• 521 businesses started after receiving assistance; creating or saving at least 9,480 jobs
• 332 training events for 19,546 participants
• 28 Incubator Tenants created 126 full time jobs in Baton Rouge
• 139 Graduated Tenants with 2,278 jobs created since 1989
• 109 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]