Teem

Project Name 
Dream
Date Announced 
Q1 2019
Site 
Salt Lake City
“We have enjoyed tremendous success in Utah in large part because this is such a great place to find and attract talent,” said Teem CEO Shaun Ritchie.
Jobs 

250 

Investment 

$1 Million 

Incentives 

Teem may earn up to 20 percent of the new state taxes they will pay over the life of the five-year life of the agreement in the form of a post-performance Economic Development Tax Increment Finance (EDTIF) tax credit rebate. As part of the contract with Teem, the GOED Board of Directors has approved post performance tax credit rebate not to exceed $ $620,870. Each year that Teem meets the criteria in its contract with the state, it will earn a portion of the total tax credit rebate.