Nexus Louisiana and LSU Launch New Small Business Accelerator

Louisiana has a new accelerator hoping to encourage and help startups. Ignition, launched by Nexus Louisiana and LSU, will offer an 8-week entrepreneurial accelerator program with mentors, access to industry experts, andup to $3,000 in funding.

“Ignition is ideal for entrepreneurs, dreamers, risk-takers and anyone who has a business idea seeking to prove or disprove their product or service viability,” said Nexus Louisiana Technology Park Executive Director Stephen Loy. “Our goal is to help entrepreneurs keep from investing significant resources into an idea that might not be viable. We would rather someone decide whether their business idea will work early in the process, than find out after they have mortgaged their home.”

Aimed at seeing if your idea is viable before committing to a hefty investment of time and money, Ignition will provide hands-on training and a step-by-step design process to enhance your chance at success. 

Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

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Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at or contact your usual Swanson Reed representative.

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