Starting a small business requires more than hard work – it requires a shrewd business acumen. Now, Baton Rouge has a new low-cost option for gaining that know-how.
A new training program for startups has been created by a partnership between the LSU Innovation, the Baton Rouge Area Chamber, and Nexus Louisiana. This program is building upon the IDEAinstitute program established by the Idea Village 4 years ago and has provided training for over 300 founders. These three companies also came together to publish the Startup City magazine for 2022-2023 discussing local entrepreneurs and companies. We will give a brief overview of the program as well as each of these companies.
The Training Program
This training program will be 10 weeks and will closely follow the IDEAinstitute program which leads you from deciding on a great startup idea in week 1 to pitching your startup in week 10. In between, there are weekly learning modules, weekly zoom calls, one-on-one coaching and guest speakers. This program is hybrid so participation can be done long-distance as well as in-person. This program will teach you various skills such as asking the right questions, creating a business model, and building and presenting your pitch. Participating in this program will also help build connections with a community of peers and mentors locally and across the region.
You can apply for the next IDEAinstitute cohort that begins in mid-April at this link. This program will require a payment of $285 but there is the option to apply for partial and full scholarships. The application process is relatively straightforward, but you will need to have an idea, invention or venture planned before applying to the program. If you need any assistance filling out this application, we at the Career Center will be glad to help. You can also learn more about small business in general through the Small Business Services department at the Main Library on Goodwood.
About LSU Innovation
The LSU Innovation works with researchers at LSU to help evaluate, protect and license any intellectual property created at LSU. The office strives to advance innovation by helping faculty, supporting research, and working with entrepreneurs and businesses to make these inventions commercial. Essentially, they aim to help entrepreneurs interested in starting a company with LSU intellectual property as well as build relationships with the Baton Rouge business community.
About the Baton Rouge Area Chamber
The Baton Rouge Area Chamber is an organization with a focus on economic development in the Capital Region including Ascension, EBR, East and West Feliciana, Iberville, Livingston, Point Coupee, St. Helena and WBR parishes. BRAC runs the BR Works website which helps local jobseekers find jobs that work best for them. They also run the Riverbend Research program which provides consulting and analysis for businesses. There is also a political action committee conducted within BRAC called FuturePAC which focuses on economic development issues. BRAC is funded by local Capital Region businesses that invest into this program.
Nexus Louisiana is a company that strives to provide resources for high tech start-up companies and accelerate growth of those companies. They focus on regional collaboration to connect local entrepreneurs with the coaching, capital and connections they need to grow and succeed.
About the Idea Village
The Idea Village supports local entrepreneurs as well as elevates New Orleans’s reputation as a hub of innovation, entrepreneurship and business. This company helps entrepreneurs build innovative and industry-leading companies that generate revenue and jobs. Their goal is to create a more resilient and vibrant local economy.
If you have any further questions, we can do our best to assist you here at the Career Center! Come by in person at 7711 Goodwood Boulevard, call us at 223-231-3733 or email us at email@example.com.
Written by Kathryn Cusimano