The Louisiana Business and Technology Center at LSU Innovation Park is one of 35 incubators worldwide that has been designated a “Soft Landing Business Incubator” by the International Business Innovation Association.
Out of 1,200 international incubators worldwide, only 35 have won the designation. To do so, the LSU incubator had to demonstrate it has the resources and programming to meet the needs of foreign/nondomestic firms that want to join the incubator to tap U.S. markets or local firms looking to enter foreign markets.
LBTC has shown great results with businesses from Asia, Central and South America over the past 10 years, said Charles F. D’Agostino, executive director of the incubator. The incubator helps firms with translation, research on domestic markets, intellectual property, export/import laws, as well as government programs, immigration and visa requirements, and housing.
“By having access to LSU faculty, students and international programs, we have been able to provide valuable resources and a safety net to international companies willing to invest in Louisiana,” D’Agostino said.