admission process
1.1 applicant guidelines
1.2 client responsibilities
1.3 evaluation criteria
1.4 evaluation process
1.5 graduation
1.6 special policies
1.7 apply
Graduation

After the client or affiliate company has become a successful independent business that no longer needs the assistance of TEC, the company will graduate from TEC. TEC has the right to modify the occupancy period and determine exit and graduation criteria for admitted companies. Companies admitted to the incubator must use their best effort to meet these exit and graduation criteria.

Some of the criteria that indicate a company is ready for graduation from TEC may include the following:
  • A balanced and well-functioning management team.

  • Significant outside investment or a long term investor commitment to the company.

  • Significant product sales and backlog indicating a customer need.

  • The ability to pay commercial rates for those services currently being offered gratis or at reduced rates by TEC.

TEC assesses a graduation premium from its companies. This is in lieu of an equity share in the firm and is determined at the time of acceptance into the incubator.

    210 NORTH TUCKER BLVD.
SUITE 600
ST. LOUIS, MO 63101

314.436.3500

info@tec-stl.org
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