LSU Named Host Organization of Louisiana Small Business Development Center Network

Louisiana State University has been designated as the new host organization for the Louisiana Small Business Development Center (LSBDC) network, a statewide system that provides training and technical support to small businesses and entrepreneurs throughout Louisiana. The network, which consists of 10 regional offices across the state, is funded by Louisiana Economic Development and the U.S. Small Business Administration.

Over the past 15 years, Louisiana’s SBDC network has provided 350,000 hours of entrepreneurial counseling to more than 55,000 entrepreneurs, and offered more than 5,000 training workshops and seminars to 92,000 attendees. During that same time frame, LSBDC has assisted with the launch of more than 630 new businesses that created 3,500 direct new jobs.

“The Louisiana Small Business Development Center network is a critical resource for small businesses in Louisiana,” said Louisiana Economic Development Secretary Don Pierson. “LSBDCs deliver professional, high-quality, individualized business advising and technical assistance to existing small businesses and new pre-venture entrepreneurs. When small businesses need problem-solving assistance, need help with funding during this COVID pandemic or after severe storms, the LSBDC network is there to support them.

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