The Louisiana Small Business Development Center at Southern University Baton Rouge (LSBDC at SUBR), along with Southern University, announce the grand opening of the Southern University (SU) Innovation Center set for Friday, September 22, 2017 at 1 p.m. at its 618 Harding Boulevard, Baton Rouge, LA location.
The SU Innovation Center will provide business incubation space, entrepreneurial training, and outreach services to small businesses throughout the region. The SU Innovation Center will also serve home to the LSBDC at SUBR.
Southern University’s Vice Chancellor for Research and Strategic Initiatives Dr. Michael Stubblefield said, “In keeping with our mission statement of Creating Leaders, this new facility will allow us to effectively empower collaborations across disciplines, blend small business training and support via the LSBDC at Southern and small business incubation services, as well as student entrepreneurial training.”
“We look forward to partnering with companies that will hire and train our students in areas critical to the workforce needs of our state, while providing a platform for joint contracting ventures,” Dr. Stubblefield said.
On Thursday, September 21, 2017 the LSBDC at SUBR and the SU Innovation Center will host a soft launch and business networking event of the new facility that will allow invited guests to tour the facility and get introduced to the available resources in it.
Since 1986, the LSBDC at SUBR has been a public service unit of the College of Business at Southern University A&M College. It provides individual consulting services, training programs, and information assistance to potential and existing small businesses in the Greater Baton Rouge Region which includes: Ascension, East Baton Rouge, East Feliciana, Iberville, Pointe Coupee, West Baton Rouge, and West Feliciana parishes.
LSBDC State Director Rande Kessler said with thanks to Southern University, and its new look as part of the Innovation Center, “the SUBR Small Business Development Center presents a very inviting and professional small business consulting facility.”
“This comfortable and usable space affords the LSBDC another strong step toward expanding its footprint in the Capital Region,” Kessler said.
In 2016, the LSBDC at SUBR accounted for 21 business starts, 49 jobs created, and helping clients gain access to more than $3.5 million in capital.
LSBDC at SUBR Director Kent Smith said, “First and foremost I would like to give words of gratitude to Southern University for their partnership and continued support in standing by our efforts in helping grow Louisiana’s economy.”
“With the new facility our objective is to serve as the pinnacle and primary resource for business development as well as entrepreneurial guidance and Training within the Greater Baton Rouge market,” Smith said. “The new Center provides so much more than just a house with state of the art technology, it will truly become an epicenter of economic resources within the market place by providing a wide array of services that are bound to make the LSBDC a cutting-edge leader.”
The SU Innovation Center is a collaboration between the Southern University System Foundation (SUSF) and the Southern University Baton Rouge campus. In 2012, the SUSF received a grant award of $1.2 million from the Economic Development Administration (EDA) to construct the Innovation Center at SU. The project supports disaster resiliency through economic diversification. Each disaster recovery investment is intended to support a community’s long-term recovery, spur job creation, leverage private investment and promote disaster resiliency.