Cities and counties can purchase or construct certain types of projects, such as warehouses, distribution facilities, and industrial plants with bond proceeds to then lease or sell to a company.
Methods of Issuance
"Chapter 100" City or County Industrial Development Bonds
The Industrial Site Development Grant supports critical business expansion and recruitment efforts through the development of local industrial sites throughout the state.
Total allocation: $75,000,000 ($50,000,000 for projects 1,000 or more contiguous acres in size & $25,000,000 for projects under 1,000 contiguous acres in size)
The Local Tourism Asset Development Grant Program supports public/private partnerships intended to further the statewide recovery of the tourism, travel, and hospitality industries (Tourism Industry) from the negative economic impact of COVID-19.
This competitive grant program will support high priority local projects such as:
This program is an innovative method of financing (i) the acquisition, construction and equipping of qualified manufacturing production facilities and/or equipment, and (ii) refinancing outstanding tax-exempt bonds. The Tax-Exempt Program provides low interest rate loans to qualified borrowers through the issuance of tax-exempt revenue bonds by the Missouri Development Finance Board.
The Missouri Broadband Grant Program was created in the Revised Statutes of Missouri sections 620.2450 to 620.2458 in 2018.
If your business is looking to grow, check out Missouri's Certified Sites located throughout the state. Each have been pre-qualified through a standardization process to meet the requirements of industry. For a site visit or more information about a specific location, connect with the specific contact featured on the links below.
The Creating Helpful Incentives for Producing Semiconductors (CHIPS) Act Program (the Program) will make investments in the state’s semiconductor supply chain and ecosystem, with an ultimate goal of attracting semiconductor manufacturers to Missouri.
This loan program helps rural communities and rural districts that have a financial hardship with their infrastructure project, and are unable to obtain financing elsewhere. These loans are to partially fund infrastructure improvements, with priority given to water and sewer projects addressing public health and safety issues.
To support Missouri’s manufacturers, the state provided incentives in the form of withholding taxes to expand manufacturing facilities for an existing product. Projects involved a capital investment as well as the creation and/or retention of jobs. This program expired in 2016.