Economic Benefits

Your company maybe entitled to take advantage of these Economic Benefits by working with MEC Technologies, LLC.

 

Labor Costs

  • Right to work state
  • Tribal members pay no state tax
  • Tribal members access to health care thru federally funded programs
  • Also see "Subsidies"

 

Subsidies

  • Training and wage subsidies
  • Capital equipment grants (startups)
  • No interest loans interest buy down loans
  • 5% Indian incentive (DOD contracts only)

 

Tax Advantages

  • Native American tax credits
  • Welfare to work tax credits
  • Accelerated depreciation

 

Joint Ventures

  • No state tax
  • No real estate tax
  • Preferential status
  • State congressional delegation support

 

Trade Zone Advantages

  • Reservations are considered foreign trade zones
  • Reduced/Free Duty and excise tax

 

Access to certifications/markets

  • HUBZONE Certified firm
  • Minority Certified firm
  • Small Disadvantaged firm