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Economic Impact


LBTC Overall Impact: January 1999 - September 2012
  • $163,647,649 in equity, grants and loans
  • 6,403 businesses & entrepreneurs received management assistance
  • 4,033 projects completed
  • 2,214 companies received Small Business Innovative Research (SBIR) support
  • 489 training events for 21,424 participants
  • 553 businesses started after receiving assistance; creating or saving at least 9,686 jobs
  • 28 Incubator Tenant Companies creating 140 full time jobs in Baton Rouge
        - 140 Graduated Tenants with 2,278 jobs created since 1989
        - 110 Still in business = 78% success rate
  • Since its inception in 2010, the Student Incubator Program has assisted 52 student businesses. The program has resulted in 25 businesses in operation, 53 jobs created, and 11 graduted businesses.
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