North Louisiana nurtures an emerging technology sector that we call the "North Louisiana Innovation Corridor." The Innovation Corridor is a collection of technology assets and innovative R&D programs, supported by the region's 12 colleges and universities. The Innovation Corridor also benefits from forward-thinking nonprofit organizations and foundations that support and cultivate a knowledge economy in North Louisiana.
With a growing network of venture capital funds and angel investors and technical and infrastructure assistance from nonprofits and foundations, North Louisiana offers a system of support to help sustain and grow technology companies. The following map shows the technology clusters throughout the I-20 and I-49 corridors that connect our region.
Programs in North Louisiana Innovation Corridor
Incentives for Commercialization of Technology
The Technology Commercialization Credit and Jobs program provides a tax credit for companies that invest in the commercialization of Louisiana technology and create new jobs. Qualifying individuals or businesses that invest in the commercialization of Louisiana technology in Louisiana may be granted a refundable tax credit on any income or corporation franchise tax liability, and earn a refundable tax credit based on new jobs created. Qualifying research centers that develop Louisiana technology to be commercialized may be granted a refundable tax credit based on new jobs created. Such credits are granted for a period of no less than five years. Learn more