LBTC AWARDED COMPETITIVE GRANT FOR BUSINESS INCUBATOR

March 10, 2008

The Louisiana Business & Technology Center of LSU’s E. J. Ourso College of Business has been awarded a competitive grant of $49,300.51 to aid in implementing the infrastructure for a second business incubator building at the center’s South Campus location as part of a funding program provided by Louisiana Economic Development and the Louisiana Business Incubator Association’s Award Program.            
           
This grant will help the LBTC cover expenses associated with the purchase of computer networking hardware and software for high-speed Internet connectivity for incubator tenants and the purchase of office furniture, fixtures and other necessary items for new tenants. Additionally, the grant will aid in improving the programs and operations of the LBTC Business Incubator and will expand incubator services by providing added value for new tenants.
           
The Louisiana Business & Technology Center, an integral part of LSU’s E. J. Ourso College of Business’ Stephenson Entrepreneurship Institute, endeavors to enhance economic development in Louisiana through the support of existing small businesses and the development of new businesses. Established in 1988, the LBTC’s highly successful business incubator program has been honored as the National Business Incubator Association’s Incubator of the Year. For more information, visit www.bus.lsu.edu/lbtc or call 225-5878-7555.
           
For more information about becoming a tenant of the LBTC Business Incubator, visit www.bus.lsu.edu/lbtc/incubator.asp or contact LBTC Executive Director Charlie D’Agostino at 225-578-3983 or cdag@lsu.edu.