LSU Innovation Park celebrates 29 years of leading Louisiana’s entrepreneur industry
The Louisiana Business Technology Center, or LBTC, at LSU Innovation Park celebrated its 29th anniversary on Thursday, November 9, to recap the year and honor its top clients, innovators and student workers. Established in 1988, the LBTC documented the creation of nearly 10,000 Louisiana jobs and assisted client companies in raising more than $169 million in equity and investments.
“We’re thrilled to celebrate our 29th year of igniting Louisiana’s economy and honoring the innovative companies and students that helped make it happen. The LBTC supports small business growth and survival through promoting creativity, innovation and entrepreneurship in all business activities. These award winners tonight exemplify outstanding Louisiana-grown talent, ambition and entrepreneurship,” said LBTC Founder and Executive Director Charles D’Agostino.
LSU Innovation Park, managed by the LBTC, encompasses LSU’s research park and supports five business incubators: the LBTC, LBTC Student Incubator, Pennington BioTech Initiative, the Louisiana Emerging Technology Center and the LSU AgCenter Food Incubator. LBTC and LSU Innovation Park companies have an annual payroll more than $13 million, generating major impact on the region. The LBTC was named the National Business Incubation Association Incubator of the Year and the LSU Innovation Park has been named the Association of University Research Park’s Emerging Research Park. Visit http://www.lsu.edu/innovationpark/ for more information.
This article was adapted from a media release by LSU’s Ernie Ballard. For the full article, please visit, http://www.lsu.edu/mediacenter/news/2017/11/15lbtc.eb.php.