Impact | Innovation Park

What We Do

What We Do

LSU Innovation Park offers specialized business assistance to help companies further and formulate their ideas. We have a prototyping center, designated LSU student program, and available office and lab space. Innovation Park strives to assist small businesses and entrepreneurs in strategic planning, raising capital, improving operations and increasing sales. From concept to well established businesses, our highly trained staff will create a custom solution for your business needs.

General Management Consulting
Business Planning
Market Research
Marketing Strategy
Employee Policy Manuals
Human Resource Issues
 
 

Financial Management Consulting
Projected Financial Statements
Ratio Analysis
Pricing Strategy
Cost Analysis
Financial Capability for Growth

Technology Management Consulting
Commercializing New Technologies
Intellectual Property Strategy
Technology Transfer Assistance
Access to LSU Developed Technology & Resources
Access to Federal Laboratory Consortium
Access to LBTC Resource Network
Assistance with SBIR/STTR Applications

Operations Management Consulting
Employee Quality Issues
Customer Service Issues




LBTC Overall Impact [Jan 1999  July 2017] 

  • $192,002,649 in equity, grants and loans 
  • 7,247 businesses & entrepreneurs received technical and management assistance  
  • 2,582 companies received technology transfer assistance 
  • 604 businesses started after receiving assistance; creating or saving at least 9,993 jobs 
  • 38 Incubator Tenant Companies creating $22,052,400 in revenue and 134 full time jobs in Baton Rouge 
  • 174 Graduated Tenants with 2,347 jobs created since 1989 
  • 136 Still in business = 78% success rate 
  • Since its inception in 2010, the Student Incubator Program has assisted 250+ student businesses. The program has resulted in 36 businesses in operation, 150+ jobs created and 28 graduated businesses

 

Incubator # of Tenants # of Employees Total Company Revenue Total Capital Raised

LBTC Incubator

38

134

$22,042,500

$5,700,000

Pennington BioTech Initiative

2

34

$27,299,483

$750,000

LSU Student Incubator

36

38

NA

NA

LSU Innovation Park

5

80

$4,256,635

$18,000,000

Totals

60

286

$53,598,618

$24,450,000

 

LSU Innovation Park Awards & Recognitions

  • 2016-2017 LBTC/LTTO Designated by the U.S. SBA as the Federal and State Technology (FAST) Agent for Louisiana
  • 2016 Association of University Research Parks Innovation Award: The Emerge Center
  • 2015 Delta Regional Authority Award for Prototype Assistance
  • 2013 AURP Emerging Research Park of the Year
  • 2011-2015 NBIA Soft Landings International Incubator
  • 2005 NBIA Incubator of the Year
     

LBTC Tenant Awards

LBTC 29th Year: 2017 Award Winners

  • LBTC Graduate of the Year- General Informatics
  • Student Incubator Graduate of the Year- United Aerial
  • Student Worker of the Year- Lindsey Schexnayder
  • LBTC Intern of the Year- Van Le
  • Advocate of the Year- Martin Walke, LPFA
 

LBTC 28th Year: 2016 Award Winners

 
 

LBTC 27th Year: 2015 Award Winners

  • LBTC Tenant of the Year- Hydra-Guard
  • Student Incubator Company of the Year- Southern Buoy Lobster
  • SBIR Client of the Year- InnoGenomics
  • Graduate Assistant of the Year- Isabelle Ding
  • ProtoStripes Client of the Year- Tonal Innovation
  • LBTC Graduate of the Year- Vinformatix
  • Student Incubator Graduate of the Year-
    Mashball
  • Student Worker of the Year- David Smith
  • LBTC Intern of the Year- Raina LaCaze

  

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