The Missouri Department of Economic Development, funded in part through a Cooperative Agreement with the U.S. Small Business Association, administers the Missouri State Trade & Expansion Program=Unlimited Opportunities (MO STEP=UP) program.

Learn about ways your community can embark on renewable energy projects. This program provides financial incentives for public infrastructure for the development of renewable fuel production facility or new generation processing entity facility to spur job creation and agricultural product markets throughout the state.

This program is designed to recruit motion media productions to the state of Missouri, including film, episodic, commercial, stand-alone post production and other qualified motion media production projects.

To stimulate the mutual fund industry in Missouri, this program helps certify investment advisory firms or those providing services on behalf of an investment company, allowing them to utilize a more favorable state income apportionment method for tax purposes.

Opportunity Zones 2.0 (effective 2027-2036)

Opportunity Zones (OZs) are federally designated, economically distressed census tracts that attract private investment through capital-gains tax incentives.

The Private Activity Bond Allocation (PABA) program allows qualified bond issuers to provide lower-interest financing for certain types of projects.

The Missouri Qualified Research Expense Tax Credit Program is a program that provides incentives for additional research expenses for tax years beginning on or after January 1, 2023, for tax years beginning on or after January 1, 2023.

Promotes workforce development and capital investment in Missouri’s rural areas by providing incentives to invest in those areas.

Grants to small businesses to create resiliency and help accelerate their ongoing recovery, including specific support for minority and women-owned businesses.

Total allocation: $10,000,000

This program helps small business incubators leverage funds to use for working capital and other non-operating expenditures that support new business creation in communities.