benefits and incentives
 TEC incubates start up companies in information techology, communications technology, and related fields. Client companies at TEC increase their likelihood of success through:
  • A premier mentoring program.
  • Assistance with business planning and strategies
  • Shared office services.
  • Access to some of the most influent businesses and support networks in St. Louis
  • tax credits from the Rebuilding Communities Tax Credit Program and the TEC's staff provides information and assistance to clients to apply for these tax credits.
Brownfield Development Program.

  1. Rebuilding Communities Tax Credit Program
  2. Brownfield Redevelopment Program
*NOTE:
No taxpayer shall earn Rebuilding Community tax credit and Enterprise Zone, Business Facility, or Brownfield tax credits for the same business facility for the same tax period. If a project is eligible for more than one program, the business must choose only one for the entire Eligibility Period. However, the business may use the Rebuilding Communities Tax Credits for the Eligibility Period, and (if eligible) one of the other tax credit programs for the remaining period (which is up to 10 years). In other words, companies can use Rebuilding Community tax credit for the first three years, then use Brownfield tax credits for the next 7 years. For complete information about the tax credit programs, please go to www.ecodev.state.mo.us

Disclaimer
The above information is being provided for illustration purposes only. TEC is not engaged in rendering legal, tax, or other professional advice, and this illustration is not intended as a substitute for the advice of a competent tax expert. TEC strongly recommends that companies consult with their own tax professional to determine the exact tax benefit which can be obtained.


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

314.436.3500

info@tec-stl.org
what's new  |  sitemap  |  contact us