Cybercon, which links more than 500 computer servers to the Internet, moved Aug. 15 into 210 N. Tucker. In addition, the fiber optic connections Cybercon relies on already were in place at the renovated structure.
Tax credits help cover the cost of equipment and employees' city earnings taxes.
There're so many high-tech companies here, it makes meeting with clients easy. Cybercon is among 90 high-tech firms that now call downtown home, including 50 firms that moved there in the past 12 months, said Scenna Shipley, business development manager for the Downtown Saint Louis Partnership. The growth has been relatively unaffected by a shakeout among dot-com industries nationwide, Shipley said. Peoplesupport Inc. Generating interest Shipley credits an assortment of programs and incentives at the city, state and federal levels with helping boost the downtown business climate. Under the program, new or relocating telecommunications, technology, biomedical, manufacturing and professional firms with less than 100 employees can receive a 40 percent state income tax credit and a 40 percent tax credit on the purchase of specialized equipment.