St. Tammany Economic Development Corporation

What St. Tammany Economic Development Corporation does

St. Tammany Economic Development Corporation (STEDC) is a non-profit economic development organization and political subdivision of the State of Louisiana, headquartered in Covington, Louisiana. Founded in 1992 and rebranded under its current name from "St. Tammany Corporation" in September 2018, STEDC operates with a small team of approximately seven professionals to drive business attraction, retention, expansion, and formation across St. Tammany Parish.

The organization's portfolio includes PILOT (Payment-in-Lieu-of-Taxes) incentive administration, the nearly 1,000-acre Gulf South Commerce Park industrial site, the Northshore Healthscape three-parish healthcare pilot, the STartUP Northshore entrepreneurship program, the Advance St. Tammany business assistance initiative, the St. Tammany Stats economic data platform, the ReSTore St. Tammany disaster recovery resource center, and The AnalyST quarterly economic research publication. Underlying technology comprises GIS planning tools (with Cleco GIS data integration), data dashboards, digital publications, and microsites (investsttammany.com, startupnorthshore.com, gulfsouthcommercepark.com). The technology stack supports site selection, demographic analysis, and economic trend reporting but contains no disclosed AI/ML components.

STEDC does not charge businesses directly for its core services. Revenue derives from PILOT administrative fees, government appropriations, and program-related grants, with the bulk of measurable outcomes (capital investment facilitated, jobs created and retained) generated through enterprise projects with logistics, distribution, defense, manufacturing, and healthcare firms including Amazon, Costco, Associated Wholesale Grocers, Ampirical, and Textron Systems. Distribution occurs via a direct enterprise engagement model (President/CEO, VP, Director of Business & Industry Development, and Project Finance Coordinator) supplemented by channel partnerships with Louisiana Economic Development (LED), Port of New Orleans, regional educational institutions, and workforce development boards.

Name

St. Tammany Economic Development Corporation

Legal name

St. Tammany Economic Development Corporation

Website

https://sttammanyedc.org

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

St. Tammany Economic Development Corporation (STEDC) is a non-profit economic development organization and Louisiana political subdivision that drives business attraction, retention, expansion, and formation across St. Tammany Parish via site selection, PILOT incentives, workforce development, and data-driven research.

Ownership category

akta.pro rank

Product category

Economic Development Services

NAICS

All Other Business Support Services (561499)

SIC

Services-Management Consulting Services (8742), Services-Engineering, Accounting, Research, Management (8700)

akta.pro primary industry

Economic Growth, Livelihoods & Private Sector Development (BPADAEAE)

akta.pro secondary industries

Technical Cooperation, Capacity Building & Policy Advisory Programs (BPADABAO), Development Finance, Guarantees & Blended Finance Programs (BPADABAM)

Keywords

• Economic development services
• Site selection support
• Workforce development programs
• Tax incentive administration
• Business attraction services

Headquarters

HQ city

Covington

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Economic Development Services: As a political subdivision of the State of Louisiana and nonprofit economic development organization, St. Tammany EDC generates revenue through PILOT (Payment-in-Lieu-of-Taxes) agreements, administrative fees from incentivized projects, and government funding. The organization does not charge businesses directly for its economic development services; its operations are funded through public sources and program fees.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels8 records

Core offering

St. Tammany Economic Development Corporation delivers economic development services to businesses seeking to locate, launch, or expand in St. Tammany Parish, Louisiana. Its core offerings include business formation and attraction support, site selection assistance, workforce development programming, market and incentive research, negotiation of Payment-in-Lieu-of-Taxes (PILOT) agreements, and operation of the Gulf South Commerce Park industrial site. The organization also runs the Advance St. Tammany business assistance program, the STartUP Northshore entrepreneurship initiative, and publishes the quarterly AnalyST economic research report.

Product overview

St. Tammany Economic Development Corporation operates as a single unified economic development organization offering a comprehensive portfolio of programs and initiatives rather than a traditional product platform. The core offerings include The AnalyST quarterly economic research publication, InveST St. Tammany business attraction platform, and STartUP Northshore entrepreneurship program (which includes THE LAUNCHPAD pitch series and NSpire Startup Slam competition). Supporting programs include Advance St. Tammany business assistance, Gulf South Commerce Park industrial site development, Northshore Healthscape healthcare sector initiative, St. Tammany Stats economic dashboard, St. Tammany Safe COVID-19 recovery resources, ReSTore St. Tammany disaster recovery resources, and the PILOT tax incentive program. The THRIVE2029 strategic plan guides the overall mission of driving economic growth through business attraction, retention, and workforce development.

Differentiator

Problem solved

Functional benefit

Brands

• InveST St. Tammany: A comprehensive resource for site selectors and investors providing valuable insights, data, and support to explore business opportunities in St. Tammany Parish
• STartUP Northshore
• Advance St. Tammany
• Gulf South Commerce Park
• Northshore Healthscape
• The AnalyST
• St. Tammany Stats
• ReSTore St. Tammany
• St. Tammany Safe

Products and services

• PILOT Program Payment-in-Lieu-of-Taxes tax incentive program offering contractual property tax reductions to companies creating high-impact investments in St. Tammany Parish; available to qualifying businesses that meet investment and job creation thresholds.
• Advance St. Tammany Multi-layered business assistance program providing economic development support, site selection, market research, workforce training, and government relations services to existing and prospective St. Tammany businesses at no direct cost.
• Gulf South Commerce Park Nearly 1,000-acre LED-certified industrial and commercial development site in St. Tammany Parish, less than 50 miles north of New Orleans, marketed to advanced manufacturing, logistics, and distribution companies seeking shovel-ready sites.
• STartUP Northshore Entrepreneurship and startup support initiative building programs that support entrepreneurs and curate an environment for business formation on the Louisiana Northshore, including THE LAUNCHPAD pitch series, NSpire Startup Slam pitch competition, and Founder Institute-Louisiana pre-seed accelerator partnership.
• InveST St. Tammany Comprehensive business attraction platform providing site selectors and investors with insights, data, and support to explore business opportunities in St. Tammany Parish, including available buildings, sites, incentives, and workforce data.
• Northshore Healthscape Three-parish healthcare sector pilot program focusing on capacity building, workforce and talent, ecosystem development, and strategic implementation for the regional healthcare economy, engaging St. Tammany Health System, Ochsner Northshore, Slidell Memorial Hospital, and Avala Hospital.

Quantifiable outcome

• $437.48 million in capital investment facilitated from 2018-2026 across 23+ projects
• +4 more outcomes

Named customers15 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

16 partnerships are on record, tiered core, major and minor.

• Northshore Healthscape PartnerscoreStrategic or Co-development Partner · 1 May 2022Three-parish healthcare sector collaborative (St. Tammany, Washington, Tangipahoa) launched in May 2022 as a three-year pilot program. Priority areas include capacity building, workforce and talent, ecosystem development, and strategic implementation. Executive representatives from healthcare institutions participate through financial and human capital contributions. Key partners include St. Tammany Health System, Ochsner Northshore, Slidell Memorial Hospital, and Avala Hospital.
• Port of New Orleans (Port NOLA)coreStrategic or Co-development Partner · 27 April 2021In April 2021, St. Tammany Corporation and Port of New Orleans signed an MOU to attract manufacturing and distribution centers to the region. In October 2024, the U.S. Department of Commerce approved Port NOLA's expansion of Federal Trade Zone No. 2 into St. Tammany Parish, providing businesses with customs duty deferrals and reductions. This partnership enhances logistics and distribution capabilities for companies in St. Tammany.
• Tri-Parish WorkscoreStrategic or Co-development Partner · 22 July 2019Partnership announced July 2019 to enhance business-focused delivery network throughout St. Tammany Parish. Tri-Parish Works (Workforce Solutions) provides workforce training funding, customized training programs, job seeker and employer services. STEDC formally leads the Workforce Roundtable with monthly meetings among economic development, workforce development, K-12, 2-year, and 4-year educational leadership.
• Gulf South Commerce Park PartnerscoreStrategic or Co-development PartnerNearly 1,000 acres of certified industrial sites in St. Tammany Parish developed through a public-private collaborative for a major economic development land and site development initiative. The Hwy. 1088 Advanced Manufacturing and Logistics Corridor features Gulf South Commerce Park as the anchor development, with STEDC serving as lead project manager for the partnership.
• STartUP Northshore PartnerscoreStrategic or Co-development PartnerEntrepreneurship and startup ecosystem initiative supported by partnerships with Founder Institute-Louisiana (strategic partnership announced May 2025 for early-stage startup acceleration) and The Idea Village (IDEAinstitute Northshore program, renewed February 2025). NSpire Startup Slam pitch competition presented by Chevron with $100,000+ prize packages. New Orleans Entrepreneur Week (NOEW) collaboration for Northshore events.
• Louisiana Economic Development (LED)coreStrategic or Co-development PartnerSTEDC works hand-in-hand with Louisiana Economic Development to ensure site selection and incentive application processes run efficiently. LED provides FastLane incentives database, FastStart workforce training program (nation's No. 1 workforce training program), and various state incentive programs including Enterprise Zone, Quality Jobs, Industrial Tax Exemption, and Angel Investor Tax Credit.
• Northshore Technical Community College (NTCC)coreStrategic or Co-development PartnerSTEDC partners with Northshore Technical Community College for workforce development and training. NTCC is one of the 10 fastest growing community colleges in the nation, graduating more than 300 students annually in transportation-related programs. NTCC launched Louisiana's first dual enrollment practical nursing program for high school students (2022-2023) and a Psychiatric Technician program, both in response to Northshore Healthscape feedback.
• Economic Leadership LLCmajorStrategic or Co-development PartnerNational economic development and strategic planning consultancy engaged by STEDC for The AnalyST quarterly economic trends reports and the 2024 State of the Northshore Healthcare Industry Report. Conducts economic impact analyses for PILOT incentive applications and provides strategic planning expertise for the organization's programs.
• Southeastern Louisiana University (SLU)majorStrategic or Co-development PartnerPartnership strengthened in May 2025 to support local businesses. SLU is among 37 educational institutions in the extended labor shed. Southeastern Lions football and baseball teams provide regional collegiate sports engagement. STEDC and SLU partner for business support programs and entrepreneurial resources.
• St. Tammany Parish School BoardmajorStrategic or Co-development PartnerPartnership with St. Tammany Parish Public Schools for workforce education alignment. School system is ranked #15 of 69 Best School Districts in Louisiana and #2 in Greater New Orleans area by Niche.com 2026. Accredited by Southern Association of Colleges and Schools. Partnership supports dual enrollment programs and Ready Start St. Tammany early childhood education initiatives.
• St. Tammany Chamber of CommercemajorChannel Partner/ Reseller/ DistributorThe St. Tammany Chamber of Commerce is a partner organization in the St. Tammany Safe initiative, economic development efforts, and the Northshore Business Council. Chamber participates in the St. Tammany Sector Symposium as a sponsor and supports business development initiatives.
• GNO, Inc.majorStrategic or Co-development PartnerGreater New Orleans, Inc. is the regional economic development organization for the GNO metropolitan area. STEDC collaborates with GNO, Inc. on business climate initiatives, storm updates, and regional economic development strategy. GNO, Inc. provides economic data and policy advocacy for the region.
• Northshore Community FoundationmajorStrategic or Co-development PartnerNorthshore Community Foundation serves as the fiduciary for the St. Tammany Economic Prosperity (STEP) Fund, a 501(c)(3) nonprofit fund supporting economic development initiatives. Proceeds from the St. Tammany Sector Symposium benefit this fund. Foundation also manages the Northshore Weather Relief Fund and disaster relief efforts.
• Northshore Business CouncilminorStrategic or Co-development PartnerThe Northshore Business Council is represented in the St. Tammany Safe initiative leadership and participates in the St. Tammany Sector Symposium as an investing sponsor. The council represents business interests across the Northshore region.
• VisionFirst AdvisorsminorImplementation/ SI/ Consulting PartnerConsulting firm engaged by STEDC to conduct the healthcare infrastructure assessment as part of Northshore Healthscape's first program year deliverables.
• ClecominorOthersCleco is a utility company serving St. Tammany Parish. Their GIS planning data is integrated into St. Tammany STats for site selection and demographic analysis. Cleco's storm center provides utility outage information during hurricane events, and Eric Schouest of CLECO serves on the STEDC Board of Commissioners.

Scale indicators12 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Greater New Orleans, Inc. (GNO, Inc.): Regional EDO for the Greater New Orleans metropolitan area that collaborates with STEDC on business climate initiatives and regional economic development strategy. Closest geographic peer operating in adjacent market with similar business attraction and retention mandate.
• Charlotte Regional Business Alliance: Regional economic development organization serving the Charlotte, NC region with business attraction, retention, workforce, and incentive programs at a comparable parish/county scale. Functionally similar model with strong IEDC involvement.
• Shreveport-Bossier Economic Development: Regional economic development organization serving the Shreveport-Bossier City metro in northwest Louisiana. Comparable portfolio of business attraction, retention, workforce, and incentive administration services.
• Baton Rouge Area Chamber: Parish-level economic development and chamber organization for the Baton Rouge region in Louisiana. Comparable business attraction/retention model, incentive negotiation, site certification, and workforce development programming in the same state.
• Birmingham Business Alliance: Regional economic development organization for the Birmingham, Alabama metro area offering site selection, business retention, and workforce development services at a comparable scale and Southeast U.S. context.
• Lafayette Economic Development Authority: Louisiana parish-level economic development authority providing site selection, business retention, workforce, and incentive services. Direct functional peer operating a similar community-driven model within Louisiana.

Broad incumbents

• Louisiana Economic Development (LED): State-level economic development organization that provides incentives, FastStart workforce training, and certified sites programs. STEDC explicitly partners with LED hand-in-hand on prospect deals, making it the most directly comparable (but broader, statewide) peer.
• Greater Houston Partnership: Large metro-level chamber/economic development organization with regional business attraction, research, and policy advocacy functions. A broader-incumbent peer reflecting what a more scaled EDO model looks like, relevant to Gulf Coast logistics positioning.
• North Carolina Economic Development Partnership: State-level public-private economic development partnership focused on business recruitment, workforce, and site marketing. Comparable state-affiliated EDO model with broader geographic mandate than STEDC's parish scope.
• Greater Austin Chamber of Commerce / Opportunity Austin: Regional chamber/economic development partnership serving the Austin metro, combining business attraction, retention, talent pipeline, and incentive advocacy. Representative of a more developed EDO model demonstrating scaling pathways.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/StTammanyEDC
• YouTubeyoutube.com/channel/UCdXePbzKvTlDXjvKdY9bXJA
• LinkedInlinkedin.com/company/sttammanyedc
• Facebookfacebook.com/StTammanyEDC

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about St. Tammany Economic Development Corporation