Research Park Corporation and LSU Eager to Incorporate Recommendations Outlined in Emergent Method Ecosystem Study


04/24/2019
BATON ROUGE – Emergent Method has delivered the final report and suggestions from its comprehensive innovation ecosystem study to both Research Park Corporation and LSU. Both organizations are encouraged by the findings and are eager to explore the suggestions contained in the report.

Key management and staff members from both organizations have met several times during recent months to explore and identify ways to more tightly align the assets and services provided to the innovation ecosystem. Both organizations are looking forward to reviewing the recommendations of the study to help guide this process.

“We’ve worked with LSU for years, and we’re really excited to amplify that partnership going forward,” said Genevieve Silverman, president and CEO of Research Park Corporation. “Any way that we can work together more efficiently will ultimately improve the entire innovation ecosystem and how we support it.”

Though Emergent Method’s study is complete, both Research Park Corporation and LSU are in agreement that defining and addressing gaps in the innovation ecosystem will be a continual, joint effort.

“Our ecosystem is a living, breathing thing that will continue to grow and change over time. It’s important that we remain proactive in our approach to how we support and provide for it,” said Dave Winwood, interim executive director of LSU Innovation Park. “Emergent Method’s study provides us with a good starting point and plan for the future of our partnership.”

Although the scope of the study focused on LSU and Research Park Corporation assets and services, the organizations wish to emphasize the importance of including the region’s other entrepreneurial support organizations, such as Southern University’s Innovation Center, in this collaborative process, consistent with the mission intended when Research Park Corporation was established by the Louisiana Legislature.

“The Louisiana Small Business Development Center at Southern University serves hundreds of current and aspiring entrepreneurs each year. We are eager to work with RPC and LSU to further promote and nurture opportunities for small businesses in the capital region,” said Southern University’s Vice Chancellor for Research and Strategic Initiatives Michael Stubblefield.

 

About Research Park Corporation

Research Park Corporation, or RPC, is a 501(c)(3) formed in the early 1990s by the Louisiana Legislature to help grow and diversify the innovation economy in Baton Rouge and Louisiana. RPC has emerged as an economic development conglomerate of four organizations, each taking a different but aligned approach toward helping Louisiana companies create the jobs of the future. In addition to managing corporate functions for the family of organizations, RPC also pursues national sources of funding to fuel economic development initiatives in Louisiana.

About LSU

As the flagship institution of the state of Louisiana, the vision of LSU is to be a leading research-extensive university, challenging undergraduate and graduate students to achieve the highest levels of intellectual and personal development. Designated as a land-, sea- and space-grant institution, the mission of LSU is the generation, preservation, dissemination and application of knowledge and cultivation of the arts. For more information, visit www.lsu.edu.

 

About LSU Innovation Park

LSU Innovation Park offers specialized business assistance to help companies further and formulate their ideas. With a prototyping center, dedicated student incubator and available office and lab space, the Innovation Park strives to assist small businesses and entrepreneurs in strategic planning, raising capital, securing funding from the federal SBIR/STTR program, improving operations and increasing sales. For more information, visit https://lsu.edu/innovationpark/index.php.

 

Additional Link:

Baton Rouge Entrepreneurship Ecosystem Assessment Study: https://www.lsu.edu/mediacenter/docs/lsu_rpc_entrepreneurial_ecosystem_study2019.pdf

 

 

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Contact David Winwood
LSU Innovation Park
225-578-7555
dwinwood@lsu.edu

 

Genevieve Silverman
Research Park Corporation
225-218-1100
gen@nexus-la.org

  

Alison Satake
LSU Media Relations
225-578-3870
asatake@lsu.edu