Louisiana Business Incubator Association
The Louisiana Business Incubation Association (LBIA) is a state association of business incubators and their supporters. LBIA was established to promote alliances among incubators, governmental agencies, and professional economic developers in order to promote the growth and diversification of our state’s businesses and economy. The National Business Incubation Association estimates that in 2005 alone, North American incubators assisted more than 27,000 start-up companies that provided full-time employment for more than 100,000 workers and generated annual revenue of more than $17 billion.