Small Business IncubatorActive Incubators List SMALL BUSINESS INCUBATOR | 10 . 11. St. Louis...

16
2016 PERFORMANCE REPORT Small Business Incubator

Transcript of Small Business IncubatorActive Incubators List SMALL BUSINESS INCUBATOR | 10 . 11. St. Louis...

Page 1: Small Business IncubatorActive Incubators List SMALL BUSINESS INCUBATOR | 10 . 11. St. Louis VentureWorks-Wellston Sponsor: St. Louis County Economic Council Certified in 1990 6439

2 0 1 6 P E R F O R M A N C E R E P O R T

Small Business Incubator

Page 2: Small Business IncubatorActive Incubators List SMALL BUSINESS INCUBATOR | 10 . 11. St. Louis VentureWorks-Wellston Sponsor: St. Louis County Economic Council Certified in 1990 6439

Table of ContentsEXECUTIVE SUMMARY…………………………………….……..……………………………..…3

GEOGRAPHICAL DISTRIBUTION…………………………………….……..……………………………..…9

MISSOURI CERTIFIED INCUBATORS CONTACT INFORMATION LIST……………………………10-11

MISSOURI INACTIVE INCUBATORS INFORMATION LIST…………………………………….……..……………12

EXHIBIT 1 - Performance Statistics - FY 2016…………………………………….…………………..…13

EXHIBIT 2 - Annual Tax Credits Authorized per Incubator in Calendar Years…………………………………….…14

EXHIBIT 3 - Inactive Incubators - Annual Tax Credits Authorized in Calendar Years……………………………………14

EXHIBIT 4 - Annual Tax Credits Issued per Incubator in Calendar Years…………………………………….……..15

EXHIBIT 5 - Inactive Incubators - Annual Tax Credits Issued in Calendar Years…………………………………….…15

Page 3: Small Business IncubatorActive Incubators List SMALL BUSINESS INCUBATOR | 10 . 11. St. Louis VentureWorks-Wellston Sponsor: St. Louis County Economic Council Certified in 1990 6439

S M A L L B U S I N E S S I N C U B A T O R | 3

Executive SummarySTATUTORY SUMMARY

620.495, RSMo, as amended

PURPOSE: The purpose of this program is to generate private funds to be used

to establish a “protective business environment” (incubator) in which a number

of small businesses can collectively operate, fostering growth and development

during a business start-up period.

Page 4: Small Business IncubatorActive Incubators List SMALL BUSINESS INCUBATOR | 10 . 11. St. Louis VentureWorks-Wellston Sponsor: St. Louis County Economic Council Certified in 1990 6439

S M A L L B U S I N E S S I N C U B A T O R | 4

An incubator is also a program without infrastructure in which participants avail themselves of business development services to assist in the growth of their start-up businesses.

In addition to the space, incubators provide business development services for use by the tenants and participants. These services shall include, but are not limited to, financial consulting assistance, management and marketing assistance, business education, and physical services such as personal computers, copier, facsimile, confer-ence rooms, labs, etc. Because of the shared services and efficient use of the available space, costs are usually much less than for a small business operating independently.

ProgramDescription

The incubator is not intended to be a permanent home for the new firm. After a period determined by the incuba-tor’s policy, a tenant will move from the incubator, thereby making room available in the incubator for a new start-up firm.

The Missouri Department of Economic Development approves (certifies) or denies proposals for small business incubators based on the ability of the incubator to meet statutory requirements of the program; the economic impact of the incubator on the community, conformance with area-wide and local economic development plans; and location of the incubator, in order to encourage geographic distribution of incubators across the state. Certified

incubators may receive contributions from taxpayers. The taxpayers in turn may receive tax credits in the amount of 50% of the contributions. The tax credits can be carried forward for five years and also be sold or transferred. The overall maximum amount of tax credits that can be authorized in any one calendar year is $500,000.

“An incubator is a building, which can be divided into smaller units of space to be leased by small businesses.”

Page 5: Small Business IncubatorActive Incubators List SMALL BUSINESS INCUBATOR | 10 . 11. St. Louis VentureWorks-Wellston Sponsor: St. Louis County Economic Council Certified in 1990 6439

S M A L L B U S I N E S S I N C U B A T O R | 5

Independence Regional Ennovation Center – Independence

Christopher “Kit” Bond Incubator – St. Joseph

Ozarks Small Business Incubator – West Plains

BEGIN New Venture Center – St. Louis

Joseph Newman Business and Technology Innovation Center - Joplin

Incubators

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S M A L L B U S I N E S S I N C U B A T O R | 6

St Louis Enterprise Center – Wellston

Small Business Synergy Center – St. Charles

Center for Emerging Technologies - St. Louis

Life Sciences Business Incubation Center-Columbia

Southeast Missouri Innovation Center (SMIC) – Cape Girardeau

Incubators

Page 7: Small Business IncubatorActive Incubators List SMALL BUSINESS INCUBATOR | 10 . 11. St. Louis VentureWorks-Wellston Sponsor: St. Louis County Economic Council Certified in 1990 6439

S M A L L B U S I N E S S I N C U B A T O R | 7

Program Statistics

Economic Impact

These tenants chose the Small Business Incubators due to their unique locations and affiliations with major research institutions, hospitals and universities located in the state. Most graduates decided to stay in Missouri because of the founders’ and workforce’s residency. However, the graduates that relocated to other states identified the reasons for such decision as inability to raise additional funding or acquisition by another company. The information regarding the number of jobs, payroll and investment of graduate companies

is not complete because most incuba-tors do not track such data and thus are unable to provide it. Fourteen out of the sixteen active incubators reported.

Annually a Budget of Revenues and Expenditures application is submitted by each Small Business Incubator

desiring to request Tax credits for the upcoming year. This report is due by the end of January, and the tax credits are then awarded based on the request of Capital Expenditures and Non- Operating Expenditures listed in this report. The following is a listing of the Incubators that were awarded tax credits, listed by year of approval.

“Most tenants are originally from Missouri.”

“Tax credits issued through the Small Business Incubator Program from the program’s inception through November 30, 2016, total approximately $3.6 million, which attracted

contributions totaling approximately$7.2 million.”

Page 8: Small Business IncubatorActive Incubators List SMALL BUSINESS INCUBATOR | 10 . 11. St. Louis VentureWorks-Wellston Sponsor: St. Louis County Economic Council Certified in 1990 6439

S M A L L B U S I N E S S I N C U B A T O R | 8

Table 1 Performance Statistics – through 6/30/2016 (See Exhibit 1 for detail by incubator)

Data Description Total for all Incubators# Incubators Created 23

#Incubators Inactive/Closed 7#Incubators Active 16#Incubators Under construction 0Average occupancy rate 2015 84%Focus Bio-Med., R&D, Mfg, IT Plant & Life Science, Business Devel-

opment Services, Product Development MixedState origin current/previous tenants MO, NY, VA/CA, PA/NJ/FL, IL# Tenants 263# Tenants/Incubator jobs 1341full time/16 part time$ Tenants/Incubator payroll $12,126,270$ Tenants/incubator spending N/ATenants average length in years 4.12 years# Failed 73Failed average length in years 1.20years# Missouri graduates 272# Missouri graduates jobs 1783# Missouri graduates still in business 41Missouri graduates average length in years 1.98 years$ Missouri graduates payroll $2,050,000$ Missouri graduates spending N/A# Other graduates 15Other graduates average length in years 2.34 yearsStates moved to CA, CO, NJ, IL, KY, SC, TX, WA, WI, NY, NC, FL

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Page 10: Small Business IncubatorActive Incubators List SMALL BUSINESS INCUBATOR | 10 . 11. St. Louis VentureWorks-Wellston Sponsor: St. Louis County Economic Council Certified in 1990 6439

1. BEGIN New Venture CenterSponsor: St. Patrick’s Center Certified in 2010Contact person: S. Wildman800 N. Tucker Blvd St. Louis, MO 63101Phone: (314) 802-0995 E-mail: [email protected]

2. Black Economic Union/Economic Growth Group (BEU) Sponsor: Black Economic Union/Economic Growth GroupCertified in 1997Contact person: Marvin Lyman1601 E. 18th Suite 300Kansas City, MO 64108Phone: (816) 474-1080Fax: (816) 368-8829E-mail:[email protected]

3. Center for Emerging Technologies (CET)Sponsor: Center for Emerging TechnologiesCertified in 1983Contact person: Christy Maxfield 4041 Forest Park AvenueSt. Louis, MO 63108-3213Phone: (314) 615-6900Fax: (314) 615-6901E-mail: [email protected]: www.emergingtech.org

4. Independence Regional Ennovation CenterSponsor: Independence Council for Economic Development Certified in 2010Contact person: Lee Langrock201 N. Forest Ave #130Independence, MO 64050-3436Phone: (816) (816) 463-3532 E-mail: [email protected]: http://www.ennovationcenter.com/

5. Joseph Newman Business and Technology Innovation Center (JNBTIC)Sponsor: Joplin Area Chamber of Commerce FoundationCertified in 2004Contact person: Brian Kelly 320 E. 4thSt. Joplin, MO 64801Phone: (417) 624-4150Fax: (417) 624-4303 E-mail: [email protected]

6. Innovation Stockyard ( Kit Bond Science and Technology Incubator)Sponsor: Missouri Western State University Certified in 2010Contact person: Sara Hagen4221 Mitchell AvenueSt. Joseph, MO 64507-2266Phone: (816) 749-4014 Fax: (816)749-4011 E-mail: [email protected]

7. Life Sciences Business Incubation Center (LSBIC)Sponsor : Missouri Innovation CenterCertified in 2004Contact person: Quinten Messbarger 1601 S. ProvidenceColumbia, MO 65211Phone: (573)884-0492 Fax(573)884-3600E-mail:[email protected]: www.muincubator.com

8. Ozarks Small Business Incubator)Sponsor: Downtown West Plains, Inc. Certified in 2010Contact person: Heather Fisher408 Washington Ave.P.O. Box 1194 West Plains, MO 65775Phone: (417) 257-2563Fax: (417)256-8711 E-mail: [email protected]: www.ozsbi.com

9. Small Business Synergy Center (SBSC)Certified in1992Sponsor: Small Business Synergy CenterContact person: Craig Frahm5988 Mid Rivers Mall DriveSt. Charles, MO 63304Phone: (636) 441-6880E-mail: [email protected]: www.stcc-edc.com

10. Southeast Missouri Innovation Center (SMIC)Sponsor: Missouri Research CorporationCertified in 2005Contact: Crystal JonesOne University Plaza, MS 3300Cape Girardeau, MO 63701Phone: (573) 651-5956E-mail: [email protected] Website: www.innovationmic.org

Missouri Certified Incubators Contact Information

Active Incubators List

S M A L L B U S I N E S S I N C U B A T O R | 1 0

Page 11: Small Business IncubatorActive Incubators List SMALL BUSINESS INCUBATOR | 10 . 11. St. Louis VentureWorks-Wellston Sponsor: St. Louis County Economic Council Certified in 1990 6439

11. St. Louis VentureWorks-Wellston Sponsor: St. Louis County Economic Council Certified in 19906439 Plymouth Ave.Wellston, MO 63133Phone: (314) 615-3958 Fax: (314) 615-7666 E-mail: [email protected]: www.slcec.com

12. Direct Impact Business Education Center Sponsor: Direct Impact Business Center Certified in 2012 Contact Person: Tracey Jeffries10263 St. Charles Rock RoadSt. Ann, MO 63074Phone: (314)690-1330 E-mail: [email protected]

13. The eFactorySponsor: Missouri State UniversityCertified in 2013Contact Person: Allen Kunkel405 N. Jefferson AveSpringfield, MO 65806-1110Phone: (417) 836-3020Fax: (417) 836-8810E-mail: [email protected]

14. Ozark Foothills Development Association (OZARK)Sponsor: Ozark Foothills Regional Planning Commission Certified in 1990Contact person: Felicity Brady3019 Fair StreetPoplar Bluff, MO 63901Phone: (573) 785-6402Fax: (573) 686-5467E-mail: [email protected]: www.ofrpc.com/incubator.html

15. Saint Louis Fashion IncubatorSponsor: Saint Louis Fashion FundCertified in 2016Contact Person: Kathleen V. Rogers1533 Washington Avenue St. Louis, MO 63103Phone: (314) 324-3241Fax: N/AE-mail: [email protected]

16. Bunker Labs-Kansas CitySponsor: The Bunker KC NFP Inc.Certified in 2016Contact Person: Sean R. McIntosh1100 Main St.Kansas City, MO 64108Phone: (785) 764-9904Fax: N/AE-mail: [email protected]

Missouri Certified Incubators Contact Information

Active Incubators List (Continued)

S M A L L B U S I N E S S I N C U B A T O R | 1 1

Page 12: Small Business IncubatorActive Incubators List SMALL BUSINESS INCUBATOR | 10 . 11. St. Louis VentureWorks-Wellston Sponsor: St. Louis County Economic Council Certified in 1990 6439

Missouri Certified Incubators Contact Information

Inactive with the Incubator ProgramTechnology Entrepreneur Center (TEC)Sponsor: Technology Entrepreneur CenterCertified in 2003Contact person: Willem Bakker210 N. Tucker, Suite 600St. Louis, MO 63101Phone: (314) 436-3500Fax: (314) 333-0409E-mail: [email protected] Website: www.tecstl.org

Thomas Hill Enterprise Center (THEC) Certified in 1997Sponsor: Thomas Hill Enterprise Center Macon, MO

Avvio CenterCertified in 20081600 Swift North Kansas City, MO 64116Contact Person: Joe MullinsPhone: (816)210-5305 E-mail: [email protected]

Arts Incubator – Kansas CitySponsor: Arts Incubator – Kansas City Certified in 2010Contact person: Jeff Becker115 W. 18th Street Kansas City, MO 64108-1220Phone: (816) 421-2292 Fax: (816) 421-2293 E-mail: [email protected]: www.artsincubatorkc.org

Missouri Innovation Center (MIC)Sponsor: Missouri Innovation CenterCertified in 1995Contact: Kim March 410 S. 6th St., 214 Engineering Bldg. NorthColumbia, MO 65201Phone: (573) 884-0496Fax: (573) 884-3600E-mail: [email protected] Website: *Incubator is now Life Sciences Business Incubation Center* MIC is still active as an Innovation center.

Missouri IncuTech Foundation (MITF)(DBA Missouri Enterprise Business Assistance Center)Sponsor: Missouri EnterpriseCertified in 1991Contact Person: Rick Prugh800 University DriveRolla, MO 65401-2157Phone: (573) 341-0117Fax: (573) 341-0135E-mail: [email protected] Website: www.missourienterprise.orgIncubator decertified August 2007Incubator is still active

Nidus Center for Scientific Enterprise (NIDUS)Sponsor: Monsanto CorporationCertified in 2003Contact person: Susan Pais893 North Warson RoadSt. Louis, MO 63141Phone: (314) 812-8001Fax: (314) 812-8080E-mail: [email protected] Website: www.niduscenter.com

S M A L L B U S I N E S S I N C U B A T O R | 1 2

Page 13: Small Business IncubatorActive Incubators List SMALL BUSINESS INCUBATOR | 10 . 11. St. Louis VentureWorks-Wellston Sponsor: St. Louis County Economic Council Certified in 1990 6439

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Page 14: Small Business IncubatorActive Incubators List SMALL BUSINESS INCUBATOR | 10 . 11. St. Louis VentureWorks-Wellston Sponsor: St. Louis County Economic Council Certified in 1990 6439

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100

,000

.00

250,

000.

00$

2nd

Rou

nd 2

008

$

125

,000

.00

125,

000.

00$

Cal

enda

r Yea

r 200

9 $

2

55,0

00.0

0 $

2

2,57

4.00

$

75,0

00.0

0 35

2,57

4.00

$C

alen

dar Y

ear 2

010

$

60,

000.

00

$

87

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.00

$

47,

500.

00

$

87,

500.

00

$

57

,500

.00

$

40,

000.

00

380,

000.

00$

Cal

enda

r Yea

r 201

1 $

1

7,50

0.00

$

91,1

35.0

0 $

2

0,00

0.00

$

93,3

65.0

0 $

6

0,00

0.00

28

2,00

0.00

$C

alen

dar Y

ear 2

012

$

110

,372

.00

$

42,

500.

00

$

38,

000.

00

$

100

,000

.00

$

70,

000.

00

360,

872.

00$

Cal

enda

r Yea

r 201

3 $

1

06,2

16.0

0 $

5

5,23

2.00

$

2

6,55

4.00

$

1

22,1

48.0

0 $

3

4,52

0.00

$

155

,330

.00

500,

000.

00$

Cal

enda

r Yea

r 201

4 $

71,5

15.0

0 $

7

1,11

4.00

$

16,8

79.0

0 $

3

8,23

3.00

$

76,4

66.0

0 $

114

,699

.00

$

15,

984.

00

$

95,

110.

00

500,

000.

00$

Cal

enda

r Yea

r 201

5 $

91,5

39.0

0 $

2

0,31

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$

3

1,79

5.00

$

7

9,81

9.00

$

95,3

85.0

0 $

5

7,39

6.00

$

5

2,00

0.00

$

7

1,75

0.00

50

0,00

0.00

$C

alen

dar Y

ear 2

016

$

67

,000

.00

$

20,

000.

00

$

11

,000

.00

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25,

000.

00

$

50,

000.

00

$

95

,000

.00

$

57,

000.

00

$

50,

000.

00

$

50,

000.

00

$

75,

000.

00

500,

000.

00$

TOTA

L $

7

7,50

0.00

$

87

,500

.00

$ 2

,010

,428

.77

$ 2

09,1

62.0

0 $

27,8

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563

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0 $

1,4

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231

,595

.00

$ 3

22,5

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0 $

221

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.00

$

1

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54.0

0 $

5

0,00

0.00

$

362

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.00

$ 3

97,1

90.0

0 $

6,

355,

415.

47

Exhi

bit 3

"Ann

ual T

ax C

redi

ts A

utho

rized

per

Incu

bato

r in

Cal

enda

r Yea

rs"

Inac

tive

Incu

bato

rsIn

cuba

tors

Year

s

Arts

In

cuba

tor

Avvi

o C

ente

r

East

ern

Jack

son

Cou

nty

Bus

ines

s In

cuba

tor

(EJC

BI)

Mis

sour

i In

nova

tion

Cen

ter

(M

IC)

Mis

sour

i In

cuTe

ch

Foun

datio

n

(M

ITF)

Nid

us C

ente

r for

Sc

ient

ific

Ente

rpris

e

(NID

US)

Tech

nolo

gy

Entr

epre

neur

C

ente

r

(T

EC)

Th

omas

Hill

En

terp

rise

Cen

ter

(TH

EC)

TOTA

L

Year

Cer

tifie

d20

1020

0819

9519

9120

0320

0319

97C

alen

dar Y

ear 1

990

-$

Cal

enda

r Yea

r 199

1-

$C

alen

dar Y

ear 1

992

$

319

,858

.24

319,

858.

24$

Cal

enda

r Yea

r 199

3-

$C

alen

dar Y

ear 1

994

-$

Cal

enda

r Yea

r 199

5 $

1

7,89

9.00

17

,899

.00

$C

alen

dar Y

ear 1

996

-$

Cal

enda

r Yea

r 199

787

,500

.00

$C

alen

dar Y

ear 1

998

$

17,

101.

00

$

101

,950

.00

119,

051.

00$

Cal

enda

r Yea

r 199

9-

$C

alen

dar Y

ear 2

000

-$

Cal

enda

r Yea

r 200

1-

$C

alen

dar Y

ear 2

002

-$

Cal

enda

r Yea

r 200

3 $

3

6,51

2.00

$

100

,000

.00

136,

512.

00$

Cal

enda

r Yea

r 200

4 $

100

,000

.00

100,

000.

00$

Cal

enda

r Yea

r 200

5 $

108

,671

.00

108,

671.

00$

Cal

enda

r Yea

r 200

6 $

110

,850

.00

110,

850.

00$

Cal

enda

r Yea

r 200

7 $

175

,000

.00

175,

000.

00$

Cal

enda

r Yea

r 200

8 $

150

,000

.00

$ 1

00,0

00.0

0 25

0,00

0.00

$2n

d R

ound

200

8 $

(150

,000

.00)

$(1

00,0

00.0

0)(2

50,0

00.0

0)$

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enda

r Yea

r 200

9-

$C

alen

dar Y

ear 2

010

$

60,

000.

00

60,0

00.0

0$

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enda

r Yea

r 201

1 $

200

,000

.00

200,

000.

00$

Adju

stm

ent

$(2

00,0

00.0

0)(2

00,0

00.0

0)$

Cal

enda

r Yea

r 201

2-

$C

alen

dar Y

ear 2

013

-$

Cal

enda

r Yea

r 201

4-

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alen

dar Y

ear 2

015

Cal

enda

r Yea

r 201

6TO

TAL

$

60,

000.

00

$

-

$

-

$

3

5,00

0.00

$

31

9,85

8.24

$

36

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.00

$ 5

94,5

21.0

0 $

1

01,9

50.0

0 $

1

,235

,341

.24

Pag

e 11

S M A L L B U S I N E S S I N C U B A T O R | 1 4

Page 15: Small Business IncubatorActive Incubators List SMALL BUSINESS INCUBATOR | 10 . 11. St. Louis VentureWorks-Wellston Sponsor: St. Louis County Economic Council Certified in 1990 6439

Exhi

bit 4

"An

nual

Tax

Cre

dits

Issu

ed p

er In

cuba

tor i

n C

alen

dar Y

ears

"Ac

tive

Incu

bato

rsIn

cuba

tors

Year

s*

BEG

INBl

ack

Econ

omic

U

nion

(BEU

)Th

e Bu

nker

NFP

Cen

ter f

or

Emer

ging

Te

chno

logi

es

(CET

)

Dire

ct Im

pact

Bu

sine

ss

Educ

atio

n C

ente

r

Inde

pend

ence

R

egio

nal

Enno

vatio

n C

ente

r

Jose

ph N

ewm

an

Busi

ness

and

Te

chno

logy

In

nova

tion

Kit

Bond

Life

Sci

ence

s Bu

sine

ss

Incu

bato

r Cen

ter

(LSB

IC)

Oza

rk F

ooth

ills

Dev

elop

men

t As

soci

atio

n (O

ZAR

K)

Oza

rks

Smal

l Bu

sine

ss

Incu

bato

r

Smal

l Bus

ines

s Sy

nerg

y C

ente

r

(S

BSC

)

Sout

heas

t M

isso

uri

Inno

vatio

n C

ente

r

St

. Lou

is F

ashi

on

Incu

bato

r

St. L

ouis

En

terp

rise

Cen

ter

(StL

EC)

The

eFac

tory

TOTA

L

Year

Cer

tifie

d20

1019

9719

9820

1220

1020

0420

1020

0420

1019

9220

0519

9020

13C

alen

dar Y

ear 1

990

-$

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enda

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alen

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992

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994

-$

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enda

r Yea

r 199

5-

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alen

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ear 1

996

-$

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enda

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7 $

2

,500

.00

2,50

0.00

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alen

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-$

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enda

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9 $

50

,000

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enda

r Yea

r 200

0 $

37

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$

65,5

57.7

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3,05

7.77

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alen

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001

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12

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enda

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287

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$ $

22

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0 16

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003

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000.

00$

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00$

Cal

enda

r Yea

r 200

462

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.00

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alen

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005

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12.9

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92

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1

15,5

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0 29

1,41

2.92

$C

alen

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006

$

12,5

00.0

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57

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$

96,9

74.0

0 $

12

,500

.00

179,

871.

86$

Cal

enda

r Yea

r 200

7 $

26

,250

.00

$

40,1

08.4

6 $

256

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.00

323,

305.

46$

Cal

enda

r Yea

r 200

8 $

135

,782

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$

14,1

10.7

6 $

69

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$

4,2

49.0

0 22

3,92

2.57

$C

alen

dar Y

ear 2

009

$

1

68,4

91.9

1 $

34

,166

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9,6

75.0

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2,33

3.58

$C

alen

dar Y

ear 2

010

$

68,1

98.5

0 $

1

,250

.00

$

22,5

00.0

0 91

,948

.50

$C

alen

dar Y

ear 2

011

$

30,0

00.0

0 $

65

,407

.56

$

4,7

50.0

0 $

52

,499

.90

$

45,2

50.0

0 19

7,90

7.46

$C

alen

dar Y

ear 2

012

$

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96.4

0 $

-

$

12

,500

.00

$

-

$

5,9

50.0

0 $

5

,000

.00

$

54,7

50.0

0 85

,596

.40

$C

alen

dar Y

ear 2

013

$

-

$

-

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51,3

43.0

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40

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0 $

22

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177,

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00$

Cal

enda

r Yea

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4 $

-

$

-

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76

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50.0

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5,0

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9,92

1.47

$C

alen

dar Y

ear 2

015

$

-

$

-

$

27,5

27.5

9 $

-

$

750

.00

$

20,0

00.0

0 $

15

,984

.00

$

67,4

76.0

7 13

1,73

7.66

$C

alen

dar Y

ear 2

016

$

-

$

-

$

-

$

15,1

51.8

9 $

-

$

-

$

81

,000

.00

$

57,0

00.0

0 $

38

,250

.00

$

-

$

-

$

-

$

-

$

10,4

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1,90

0.89

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TAL

$

37,3

96.4

0 $

87

,500

.00

$

1,1

30,2

89.8

9 $

-

$

12

,700

.00

$

3

58,2

83.6

5 $

-

$

718

,126

.00

$

57,0

00.0

0 $

211

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$

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50.0

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16

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$

-

$

50,0

00.0

0 $

83

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.07

$

2,7

99,3

50.0

1

Exhi

bit 5

"An

nual

Tax

Cre

dits

Issu

ed p

er In

cuba

tor i

n C

alen

dar Y

ears

"In

activ

e In

cuba

tors

Incu

bato

rs

Year

s*

Arts

Incu

bato

rAv

vio

Cen

ter

Mis

sour

i In

nova

tion

Cen

ter

(MIC

)

East

ern

Jack

son

Cou

nty

Busi

ness

In

cuba

tor

(EJC

BI)

Mis

sour

i In

cuTe

ch

Foun

datio

n

(M

ITF)

Nid

us C

ente

r for

Sc

ient

ific

Ente

rpris

e

(NID

US)

Tech

nolo

gy

Entr

epre

neur

C

ente

r

(T

EC)

Thom

as H

ill

Ente

rpris

e C

ente

r

(T

HEC

)

TOTA

L

Year

Cer

tifie

d20

1020

0819

9519

9120

0320

0319

97C

alen

dar Y

ear 1

990

-$

Cal

enda

r Yea

r 199

1-

$C

alen

dar Y

ear 1

992

-$

Cal

enda

r Yea

r 199

3-

$C

alen

dar Y

ear 1

994

$

-

-$

Cal

enda

r Yea

r 199

5 $

17

,500

.00

$

-

17,5

00.0

0$

Cal

enda

r Yea

r 199

6 $

-

-

$C

alen

dar Y

ear 1

997

$

-

-$

Cal

enda

r Yea

r 199

8 $

-

$

45

,500

.00

45,5

00.0

0$

Cal

enda

r Yea

r 199

9 $

-

$

20

,000

.00

70,0

00.0

0$

Cal

enda

r Yea

r 200

0 $

-

37

,500

.00

$C

alen

dar Y

ear 2

001

$

-

$

-

-$

Cal

enda

r Yea

r 200

2 $

-

$

-

-

$C

alen

dar Y

ear 2

003

$

-

$

75,5

00.0

0 $

-

75

,500

.00

$C

alen

dar Y

ear 2

004

$

-

$

32,9

96.7

8 $

44

,900

.00

$

-

77,8

96.7

8$

Cal

enda

r Yea

r 200

5 $

-

$

-

$

171

,500

.00

$

-

171,

500.

00$

Cal

enda

r Yea

r 200

6 $

25

,734

.00

25,7

34.0

0$

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enda

r Yea

r 200

7 $

191

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.00

191,

787.

00$

Cal

enda

r Yea

r 200

8 $

85

,000

.00

85,0

00.0

0$

Cal

enda

r Yea

r 200

9-

$C

alen

dar Y

ear 2

010

-$

Cal

enda

r Yea

r 201

1-

$C

alen

dar Y

ear 2

012

0 $

-

$

-

$

-

$

-

$

-

$

-

$

-

-

$C

alen

dar Y

ear 2

013

0 $

-

$

-

$

-

$

-

$

-

$

-

$

-

-

$C

alen

dar Y

ear 2

014

0 $

-

$

-

$

-

$

-

$

-

$

-

$

-

-

$C

alen

dar Y

ear 2

015

0 $

-

$

-

$

-

$

-

$

-

$

-

$

-

-

$C

alen

dar Y

ear 2

016

TOTA

L $

-

$

17

,500

.00

$

-

$

-

$

32,9

96.7

8 $

594

,421

.00

$

65,5

00.0

0 $

797

,917

.78

*Cal

enda

r Yea

r is

defin

ed a

s 12

/1/2

014

thro

ugh

11/3

0/20

15Pa

ge 1

2

S M A L L B U S I N E S S I N C U B A T O R | 1 5

Page 16: Small Business IncubatorActive Incubators List SMALL BUSINESS INCUBATOR | 10 . 11. St. Louis VentureWorks-Wellston Sponsor: St. Louis County Economic Council Certified in 1990 6439

Department of Economic DevleopmentBusiness and Community Services301 West High StreetJefferson City, Mo65101