Columbia R&D Tax Credit and Economic Growth Explained

R&D Tax Credits for Columbia, Missouri Businesses

Columbia, Missouri, thrives in industries such as healthcare, education, technology, and retail. Top companies in the city include University of Missouri Health Care, a major healthcare provider; the University of Missouri, a key educational institution; Veterans United Home Loans, a prominent technology company; Walmart, a global retail giant; and Amazon, a global logistics and e-commerce company. By leveraging the R&D Tax Credit, companies can reinvest savings into advanced research, workforce development, and process improvements, boosting Columbia’s economic growth.

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Swanson Reed is one of the only companies in the United States to exclusively focus on R&D tax credit preparation. Swanson Reed’s office location at 12747 Olive Boulevard, St Louis, Missouri is less than 110 miles away from Columbia and provides R&D tax credit consulting and advisory services to Columbia and the surrounding areas such as: Jefferson City, Moberly, Mexico, Boonville and Fulton.

If you have any questions or need further assistance, please call or email our local Missouri Partner on (314) 492-3920.
Feel free to book a quick teleconference with one of our Missouri R&D tax credit specialists at a time that is convenient for you. Click here for more information about R&D tax credit management and implementation.

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Columbia, Missouri Patent of the Year – 2024/2025

Maximum Fidelity Surgical Simulations LLC has been awarded the 2024/2025 Patent of the Year for innovation in medical training technology. Their invention, detailed in U.S. Patent No. 11915610, titled ‘Cadaverous heart model’, introduces a highly realistic, anatomically accurate heart replica designed to improve surgical education and practice.

The model mimics the look, feel, and response of human cardiac tissue. It allows surgeons, students, and medical teams to rehearse complex procedures in a low-risk, hands-on environment. Unlike traditional plastic models, this simulation tool offers lifelike resistance and flexibility, helping users build skills through repetition and real-time feedback.

At the core of the invention is a method of forming the model using materials that resemble human tissue, including synthetic and biological components. The design includes chambers, valves, and vessels that respond dynamically to manipulation, closely replicating live surgery conditions.

This patented technology meets the growing demand for high-fidelity surgical simulators that can reduce training time and improve patient safety. It gives medical professionals a more accurate way to prepare for real-world scenarios without the limitations of cadaver use or virtual simulations.

Maximum Fidelity Surgical Simulations continues to lead in advanced medical training tools, and this award-winning heart model sets a new standard for immersive, tactile education in cardiovascular care.