DED awards more than $5.9 million in tax credits to 37 organizations through the Youth Opportunities Program

The Department of Economic Development (DED) announced today that it will award more than $5.9 million in 50% tax credits to 37 organizations throughout Missouri through the Youth Opportunities Program’s (YOP) 2025 cycle.

“Missouri is home to countless organizations that change lives and drive positive change in their communities,” said Governor Mike Kehoe. “We’re proud to come alongside recipients of the Youth Opportunities Program as they help young Missourians develop into healthy and productive citizens.”

A total of up to $6 million is awarded through YOP annually, with projects limited to $200,000 in tax credits. Eligible applicants include nonprofit organizations, education institutions, faith-based organizations, local governments, and businesses that meet program requirements.

The full list of 2025 YOP recipients and projects is available here.

“Organizations supported by the Youth Opportunities Program are helping Missourians prosper each and every day,” said Michelle Hataway, Director of the Department of Economic Development. “We’re pleased to broaden the reach of their inspiring work as they strengthen communities and build brighter futures.”

About the Youth Opportunities Program (YOP)

Administered by the Community Finance Team, YOP helps broaden and strengthen opportunities for positive development and participation in community life for youth. The program allows organizations to leverage private-sector funds by providing partial state tax credits to businesses and individuals making contributions to approved youth development or crime prevention projects. YOP funds a variety of project types, including degree completion, internships and apprenticeships, mentoring, substance abuse prevention, violence prevention, counseling, and more.

For more information, including upcoming application cycles, eligibility criteria, and frequently asked questions, visit the YOP webpage.

About the Missouri Department of Economic Development

The Missouri Department of Economic Development (DED) works to create an environment that encourages economic growth by supporting Missouri’s businesses and diverse industries, strengthening our communities, developing a talented and skilled workforce, and maintaining a high quality of life. As one team built around the customer and driven by data, DED aspires to be the best economic development department in the Midwest. Through its various initiatives, DED is helping create opportunities for Missourians to prosper.

For the latest updates on DED’s current or future programs and initiatives, visit DED’s website.