Louisiana Business & Technology Center

What Louisiana Business & Technology Center does

Louisiana Business & Technology Center operates as a small business incubator within LSU's Innovation Park (lsu.edu/innovationpark), founded in 1988, with the stated purpose of creating a dynamic environment where businesses can focus on product or technology development. The entity sits within the broader Louisiana State University system, which spans eight campuses across Louisiana — including the flagship in Baton Rouge plus Alexandria, Eunice, New Orleans, Shreveport, the AgCenter, LSU Health New Orleans, LSU Health Shreveport, and Pennington Biomedical Research Center. The system offers 330+ academic fields of study, 70+ master's and 50+ doctoral programs, and runs LSU Online delivering fully online bachelor's, master's, graduate certificates, and associate degrees.

The supporting ecosystem includes a $488 million annual research portfolio generating $1.3 billion in economic impact for Louisiana, with formal research initiatives in Artificial Intelligence, Cybersecurity, Energy Innovation, and Superfund. Student-facing services span a Student Health Center operated under a 2023 healthcare partnership with Our Lady of the Lake Health (a $170 million investment, $40 million committed to the SHC), Division of Engagement centers (African American Cultural Center, Intercultural Center, LGBTQ+ Center, Women's Center), Genesis Mentoring, LSU Horizons, a CALEA-accredited LSU Police Department, Parking & Transportation Services, and a Global Travel, Safety & Security Office. Digital infrastructure includes dual patient portals — a Patient Portal for immunization records and MyChart (Epic Systems) for primary care, GYN, specialty care, labs, diagnostics, and secure messaging.

Monetization is structured around published annual tuition and fee schedules across undergraduate, graduate, veterinary medicine, law school, and LSU Online programs, billed per semester or per credit hour (LSU Online), with billing routed through LSU's Office of Bursar Operations. Leadership for the incubator is anchored by Executive Director Charles F. D'Agostino. The strategic intent of LBTC is to leverage LSU's research infrastructure, brand, and multi-campus distribution to incubate product- and technology-focused small businesses in Baton Rouge, Louisiana.

Name

Louisiana Business & Technology Center

Legal name

Louisiana Business & Technology Center

Website

https://lsu.edu

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Louisiana Business & Technology Center operates as a small business incubator within LSU's Innovation Park, providing an environment where businesses can focus on product or technology development, anchored by LSU's eight-campus system and $488 million in annual research activity.

Ownership category

akta.pro rank

Product category

Business Incubation Services

NAICS

Research and Development in the Physical, Engineering, and Life Sciences (54171), Management, Scientific, and Technical Consulting Services (5416)

SIC

Services-Engineering Services (8711), Services-Computer Integrated Systems Design (7373)

akta.pro industry

PRIMARYFSANAHAL

Corporate Deep Tech / R&D Commercialization CVC

Financial & Insurance/Private Equity & Venture Capital/Corporate Venture Capital (CVC)

Keywords

• Business incubation
• Technology commercialization
• Startup development
• Small business support
• Innovation services

Headquarters

HQ city

Baton Rouge

HQ country

United States

HQ region

North America

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations

Pricing tiers

Distribution channels4 records

Marketing channels5 records

Core offering

Louisiana Business & Technology Center (LBTC) operates a small business incubator hosted at Louisiana State University's Innovation Park. Founded in 1988, the LBTC creates a dynamic environment where businesses can focus on product or technology development, providing facilities and resources that connect emerging companies with the LSU research and innovation ecosystem.

Product overview

LSU operates as a comprehensive university system offering educational programs and student services. The core academic offerings include over 330 undergraduate and graduate degree programs across multiple colleges. Student-facing services include the Student Health Center (medical care and mental health services operated in partnership with Our Lady of the Lake Health), the Division of Engagement managing student activities and engagement centers, LSU Police Department for campus safety, and Parking & Transportation Services. The institution provides dual patient portals (Patient Portal for immunizations and MyChart for comprehensive health services), student engagement programs including Genesis Mentoring and LSU Horizons, and the Global Travel, Safety & Security Office for international travel support. The academic portfolio spans undergraduate majors, graduate degrees, professional programs, and online offerings across disciplines including Engineering, Business, Science, Agriculture, Coast & Environment, and more.

Differentiator

Problem solved

Functional benefit

Products and services

• LBTC Small Business Incubator A small business incubator program housed at LSU's Innovation Park that creates a dynamic environment where businesses can focus on product or technology development, serving early-stage companies and entrepreneurs seeking affiliation with the LSU research and innovation ecosystem.

Quantifiable outcome

• $1.3 billion in economic impact for Louisiana generated from research activity
• +1 more outcomes

Segments5 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Partnerships

Eight partnerships are on record, tiered core and minor.

• Our Lady of the Lake HealthcoreStrategic or Co-development Partner · 22 February 2023LSU and Our Lady of the Lake Health formed a first-of-its-kind healthcare partnership to operate the LSU Student Health Center. Our Lady of the Lake provides Medical Clinic and Mental Health Service operations. Includes $170 million investment with $40 million commitment to develop end-to-end healthcare experience within the Student Health Center. Enhanced services include financial assistance for uninsured students, prescription kiosk, telehealth access, 24/7 nurse advice line, and integrated electronic health records.
• Franciscan Missionaries of Our Lady Health System (FMOLHS)coreStrategic or Co-development PartnerParent organization of Our Lady of the Lake Health, involved in the $170 million investment in LSU and the healthcare partnership for student health services.
• Our Lady of the Lake Physician GroupminorStrategic or Co-development PartnerHealthcare provider network partner that may appear on Student Health Center paperwork and websites following the partnership transition.
• LSU AgCentercoreStrategic or Co-development PartnerAgricultural research and extension services part of LSU System, contributing to the university's land-grant mission and $1.3 billion economic impact.
• LSU Health New OrleanscoreStrategic or Co-development PartnerLSU Health Sciences Center in New Orleans, part of LSU system working together with Our Lady of the Lake Health to advance medical education and healthcare in Louisiana.
• LSU Health ShreveportcoreStrategic or Co-development PartnerLSU Health Sciences Center in Shreveport, collaborating with LSU Health New Orleans and Our Lady of the Lake on medical education partnerships.
• Pennington Biomedical Research CentercoreStrategic or Co-development PartnerPart of LSU System, dedicated to research focusing on the prevention and treatment of obesity, diabetes, and related conditions.
• Global Academic PartnersminorStrategic or Co-development PartnerInternational partnerships supporting study abroad, exchange programs, and global engagement initiatives across LSU.

Scale indicators8 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Rice Alliance for Technology and Entrepreneurship: Rice University's startup accelerator and venture platform; comparable to LBTC as a university-based incubator focused on tech commercialization, mentorship, and capital-readiness programming.
• Georgia Tech Advanced Technology Development Center (ATDC): ATDC is a university-affiliated technology incubator operating within Georgia Tech, providing coaching, capital connections, and tenant space to startups — directly comparable to LBTC's role inside LSU's Innovation Park.
• Purdue Foundry: Purdue University's startup accelerator and incubator network supporting faculty, student, and community entrepreneurs — closely aligned with LBTC's small business and technology incubation mission.
• University of Florida Innovation Square: UF's mixed-use research and innovation district providing incubator/accelerator space adjacent to a major public research university — analogous to LSU Innovation Park's relationship with LBTC.

Broad incumbents

• Stanford StartX: Stanford-affiliated startup accelerator with a larger, more capital-connected founder pool; serves as a higher-tier benchmark for the type of university-linked incubation LBTC pursues.
• University of Texas IC2 Institute: UT Austin-affiliated institute focused on technology commercialization, entrepreneurship, and economic development — comparable to LBTC's university-driven tech and business development mission.
• MIT Martin Trust Center for MIT Entrepreneurship: MIT's entrepreneurship center supports student-led ventures through mentorship, programs, and capital; broader and more elite than LBTC but operates the same university-incubator model.
• LSU Innovation Park: The host property and ecosystem in which LBTC operates; comparable as the broader research-park platform that anchors LBTC's tenant and program activity.

Emerging players

• LaunchCode: Nonprofit that supports tech talent pipelines and small-business technology adoption; overlapping with LBTC's mission of supporting technology-enabled small businesses and workforce development.

Others

• Cummings Research Park: Large research/technology park adjacent to the University of Alabama in Huntsville; comparable as a research-park ecosystem supporting tech tenants and university spinouts in a non-coastal region.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks4 records

Key highlights5 records

Customer concentration

• Xtwitter.com/lsu
• YouTubeyoutube.com/lsu
• Facebookfacebook.com/geauxlsu
• LinkedInlinkedin.com/company/louisiana-state-university
• Instagraminstagram.com/lsu

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Louisiana Business & Technology Center