The Louisiana Business & Technology Center recognized six current and graduate companies from the LSU business incubator for their success and impact on the local economy.
At its 27th anniversary celebration, the LBTC named:
- Tenant of the Year: Hydra-Guard, creator of a refilling hydrating mouth guard for athletic and medical applications.
- Graduate Company of the Year: Vinformatix, a software developer, including mobile apps and infrastructure management.
- Small Business Innovation Research Company: InnoGenomics, a biotech research company involved in human DNA identification and cancer diagnostics.
- LBTC Student Incubator Graduate of the Year: Mashball, the developer of a beach/tailgating game that used crowdfunding to raise capital and market its products.
- LBTC Student Incubator Company of the Year: Southern Buoy Lobster, an importer and distributor of high-quality Maine lobsters.
- ProtoStripes Company of the Year: Tonal Innovation, a student incubator company that developed a prototype at the LBTC for eFlip, a device for musicians to connect smart devices to their instruments.
The LBTC at LSU Innovation Park is the umbrella for LSU’s research park and 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 of more than $13 million. 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.
Founded in 1988, the LBTC documented the creation of nearly 10,000 jobs and assisted client companies in raising more than $169 million in equity and investments.
“We support small business growth and survival, which is the backbone of the Louisiana economy,” said LBTC Founder/Executive Director Charles D’Agostino.