Louisiana Business Incubation Assoc logo

Louisiana Business Incubation Assoc

BATON ROUGE, LA EIN: 20-2249722 Website

TO SUPPORT AND STRENGTHEN BUSINESS INCUBATION (BUSINESS START-UPS) IN LOUISIANA BY HELPING THE 20+ BUSINESS INCUBATORS IN THE STATE PROVIDE THE MOST EFFECTIVE HANDS-ON MANAGEMENT PRINCIPLES AVAILABLE TO HELP ACCELERATE THE GROWTH AND DEVELOPMENT OF NEW BUSINESSES, THEREBY CREATING NEW AND BETTER PAYING JOBS FOR THE CITIZENS OF LOUISIANA.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$243K

+68.3% YoY

Annual Giving

$180K

+138.5% YoY

Grant Count

11

+175.0% YoY

Avg Grant Size

$16K

-13.3% YoY

About Louisiana Business Incubation Assoc

Based on IRS filings

Louisiana Business Incubation Assoc is a nonprofit organization focused on Community Improvement & Capacity Building, based in BATON ROUGE, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $243K in total assets. In 2024, it awarded 11 grants totaling $180K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Baton RougeDenham SpringsHammondNew OrleansOpelousasRustonShreveportThibodaux

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$57K$114K$171K$228K20202021202220232024
Metric202420232022
Total Assets$243,133$144,448$125,570
Revenue$202,559$95,938$69,437
Expenses$207,253$104,104$66,636
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$45K$90K$135K$180K7 grants20208 grants20212 grants20224 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

LOUISIANA BUSINESS & TEC…$25KST LANDRY PARISH ECONOMI…$24KB1 FOUNDATION$23KSLEC BAYOU REGION INCUBA…$18KLOUISIANA TECHNOLOGY PARK$17KLSU INNOVATION PARK INCU…$15KANDRESS ARTIST AND ENTRE…$15KCOHABITAT FOUNDATION$15KSUNO SBDMI$14KDIXIE BUSINESS CENTER$8K

Grant Size Distribution

32 grants across all recorded years

32<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Louisiana Business & Technology Center ($25,000), St Landry Parish Economic Development ($23,984), B1 Foundation ($23,379).

RecipientPurposeAmount
DIXIE BUSINESS CENTER DENHAM SPRINGS, LASUPPORT INCUBATORS IN THEIR MISSION OF CREATING, DEVELOPING, AND MENTORING SMALL BUSINESSES.$8,340
COHABITAT FOUNDATION SHREVEPORT, LASUPPORT INCUBATORS IN THEIR MISSION OF CREATING, DEVELOPING, AND MENTORING SMALL BUSINESSES.$14,976
ANDRESS ARTIST AND ENTREPRENEUR CENTER SHREVEPORT, LASUPPORT INCUBATORS IN THEIR MISSION OF CREATING, DEVELOPING, AND MENTORING SMALL BUSINESSES.$15,000
B1 FOUNDATION BATON ROUGE, LASUPPORT INCUBATORS IN THEIR MISSION OF CREATING, DEVELOPING, AND MENTORING SMALL BUSINESSES.$23,379
ST LANDRY PARISH ECONOMIC DEVELOPMENT OPELOUSAS, LASUPPORT INCUBATORS IN THEIR MISSION OF CREATING, DEVELOPING, AND MENTORING SMALL BUSINESSES.$23,984
LSU INNOVATION PARK INCUBATOR BATON ROUGE, LASUPPORT INCUBATORS IN THEIR MISSION OF CREATING, DEVELOPING, AND MENTORING SMALL BUSINESSES.$15,140
SLEC BAYOU REGION INCUBATOR THIBODAUX, LASUPPORT INCUBATORS IN THEIR MISSION OF CREATING, DEVELOPING, AND MENTORING SMALL BUSINESSES.$17,783
SUNO SBDMI NEW ORLEANS, LASUPPORT INCUBATORS IN THEIR MISSION OF CREATING, DEVELOPING, AND MENTORING SMALL BUSINESSES.$14,021
LOUISIANA BUSINESS & TECHNOLOGY CENTER BATON ROUGE, LASUPPORT INCUBATORS IN THEIR MISSION OF CREATING, DEVELOPING, AND MENTORING SMALL BUSINESSES.$25,000
LOUISIANA TECHNOLOGY PARK BATON ROUGE, LASUPPORT INCUBATORS IN THEIR MISSION OF CREATING, DEVELOPING, AND MENTORING SMALL BUSINESSES.$17,337

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JESSICA SCHIELEPRESIDENT6
JASON BOUDREAUXVICE PRESIDENT1
VIC LAFONTSECRETARY2
KRISTI ELLIOTTTREASURER4

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Louisiana Business Incubation Assoc?

Louisiana Business Incubation Assoc is a nonprofit organization focused on Community Improvement & Capacity Building, based in BATON ROUGE, LA. It holds $243K in total assets as of 2024.

How large is Louisiana Business Incubation Assoc?

As of 2024, Louisiana Business Incubation Assoc holds $243K in total assets with $203K in annual revenue. It awarded 11 grants totaling $180K in 2024.

Where does Louisiana Business Incubation Assoc operate?

Louisiana Business Incubation Assoc has awarded grants in Louisiana.

What size grants does Louisiana Business Incubation Assoc award?

In 2024, Louisiana Business Incubation Assoc awarded 11 grants totaling $180K — an average of about $16K per grant, based on its IRS Form 990 filings.

What is Louisiana Business Incubation Assoc's EIN?

Louisiana Business Incubation Assoc's EIN (Employer Identification Number) is 20-2249722. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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