Economic Development 2017-07-13T21:53:55+00:00
TEI was contracted to create web-based processes for giving business owners direct access to programs and incentives offered by Louisiana Economic Development. Beginning with the SmallBiz Suite of systems, our analysts and software developers recognized that LED managers needed powerful tools to interact quickly and directly with businesses and intermediaries. For larger businesses and heavy industry, a comprehensive incentive management system (now known as FastLane) was necessary to manage the complete life cycle of incentives from initial application through compliance and project completion reports. TEI created the Incentive Evaluator, a web-based system, to help businesses, large and small, calculate their tax benefits to encourage greater use of available incentives. Together, these three systems allow LED to manage the state’s incentive portfolio.
  • Reduce paper and manual processing
  • Improve staff efficiency by streamlining operations
  • Increase transparency through reporting
  • Created an informational asset with 15+ years of incentive data
Client:
Louisiana Economic Development

Location:
Baton Rouge, Louisiana

Web Site:
www.louisianaeconomicdevelopment.com

Contact:
Dr. Linda Regira,
Director of Policy and Planning

FastLane and SmallBiz Make Economic Incentives Directly Available to Business and Industry

Description

FastLane was designed to help shorten the process of getting assistance through an easy-to-use web interface. The system streamlines the application process by integrating LED’s incentive program rules into the application interface and calculates jobs, investments, and fees more accurately than legacy paper processes. Some popular features built into the system include payment of fees with credit cards or e-checks, availability of reports, ability to generate contracts, renewals, expiration notices, acknowledgment letters, and other critical documents.

Key Features

• Centralized Relational Database
• Company Management
• Contact Management
• Incentive Application Management
• Track Status
• Payment Management
• Online Credit Card and e-Check Payment
• Correspondence Management
• Email Notifications
• Historical Record and Audit Capabilities
• User Profile Management
• Online Query Tool for the Public
• User Security Management
• Robust Reporting Abilities

Screenshots

Description

SmallBiz is a web-based application that organizes small business certification, technical assistance and tracking programs into one cohesive system. Applying for certification to Small and Emerging Business Development (SEBD) programs, Hudson and Veterans Initiatives can be done without the hassle of paper forms. System components were also developed addressing post-certification technical assistance for intermediaries participating in the SEBD program. In 2014, TEI converted the SmallBiz system into ASP.NET and restructured the database to be company centric while incorporating a wish list of enhancements.

Key Features

• Centralized Relational Database
• User Profile Management
• Online Application/ Certification Process
• Assessment Submittals
• Integration with SBTIS, SE, and SEBD Programs
• Management Review of Submittals
• User Security Management
• Robust Reporting Abilities

Screenshots

Description

The Incentive Evaluator is an interactive tool that gives businesses a quick and efficient way for discovering which Louisiana incentives they may be eligible for and their potential tax benefit. Essentially, this tool embeds all of Louisiana’s rules governing the award of incentives to eligible businesses into a decision-tree approach. The Incentive Evaluator asks a series of questions such as the number of employees, the dollar amount of investment, and potential jobs created that guide the business through the maze of rules and regulations. The business arrives at an incentive dashboard with the number and type of incentives available to the business, along with an estimate of the tax benefit they will receive—all before having to pay a filing fee that is required when applying for an incentive.

Key Features

• Multi-tiered Questionnaire Tool
• User Profile Management
• Online Application

Screenshots