Property:

• Will encompass approximately 30 acres in its initial phase and ultimately more than 50 acres

  
Construction Program:

• First phase will include approximately 150,000 GSF of commercial R&D, university R&D, and university related services space
• Full build-out will include approximately 1 million GSF of building space supporting university, industry and government partners

  
Tech Pointe (first tenant building):

• Approximately 42,000 GSF of commercial and university R&D space
• Tenants have access to Reception, Conference Room, Meeting Rooms, Lounge, Break Room, Generators/UPS, as well as mail, ATM, and other services
• Home of the Cyberspace Research Lab funded by the Air Force Office of Scientific Research and including advanced computing, visualization and networking facilities
• Connected to Louisiana’s information superhighway LONI at 10 gigabits per second and providing access to LONI’s supercomputers
• Adjacent to engineering, science and business academic buildings and research labs

  
Faculty Innovation: (FY 2006-09):

• 116 Reports of Invention in areas of Biotechnology, Micro/Nanotechnology, Information Technology and Trenchless Technology
• 70 Patent Applications
• 17 Patents Issued
• 24 Licenses and Options Executed
• 8 Start-up Companies
• 19 Small Business Innovation Research (SBIR) Awards with partner companies (Phase 1 &2)
• 2008 Small Times Magazine Innovator of the Year- Dr. Yuri Lvov
• 2008 recipient of National Institute for Standards and Technology (NIST) Technology Innovation Program grant for $3.2M - Dr. Erez Allouche, Elxsi Corporation of Orlando, and Beyond Vision LLC of Ruston
• Recipient of 2 National Science Foundation Partnerships for Innovation grants totaling $1.2M to advance technology commercialization programs

What is a Research Park?(1)

A university research park is defined by AURP as a property-based venture, which has:

• Master planned property and buildings designed primarily for private/public research and development facilities, high technology and science based companies, and support services
• A contractual, formal or operational relationship with one or more science/research institutions of higher education
• A role in promoting the university's research and development through industry partnerships, assisting in the growth of new ventures and promoting economic development
• A role in aiding the transfer of technology and business skills between university and industry teams
• A role in promoting technology-led economic development for the community or region

  
North American Research Parks:(2)

• Modeled after Research Triangle Park in North Carolina founded in 1959
• Have grown in numbers to more than 170 (and expanding globally)
• 6% established in the 1970s, 28% in the 1980s, 32% in 1990s, 30% in 2000s
• Encompass more than 47,000 acres with 124 million square feet in more than 1800 buildings
• Employ more than 300,000 workers (average of 750 employees)
• Generate more than 2.5 jobs in the economy for every job in the research park
• Range in size from 2 acres to 7,000 acres (average size of 358 acres)
• Mostly operated by universities or university-affiliated non-profits

(1) - Association of University Research Parks (AURP) www.aurp.net
(2) - Characteristics and Trends in North American Research Parks: 21st Century Directions, by Battelle Memorial Institute in cooperation with AURP