This program provides for a limited number of immigrant visas to individuals desiring to engage in new commercial enterprise in Missouri and create new jobs in rural areas or areas with high unemployment. Projects must meet investment thresholds.
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The Missouri Development Finance Board is authorized to provide local political subdivisions, including public sewer and water districts, with long-term, 3% interest rate loans.
The purpose of this program is to help rural communities with a population of 5,000 or less, 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.
Facilitate the creation of quality jobs by targeted business projects.
The Missouri Arts Council is dedicated to providing performance arts experiences for audiences throughout the state to nurture appreciation for Missouri’s diverse cultural resources. We do this in two ways: we promote touring artists on our directory, and we financially support their performances throughout Missouri (and a five-state region through Mid-America Arts Alliance).
As the state’s number one incentive tool for expansion and retention, this program helps businesses access capital through withholdings or tax credits to embark on facility expansions and create jobs. This program can also help businesses purchase equipment to maintain its facility in Missouri. Looking for cutting-edge training programs that will get your workforce up to speed? Learn more about our premier workforce training program, Missouri Works Training.
Missouri Works Training is the state’s premier company training program! Its sole mission is keeping our Missouri companies competitive, by increasing the skills and productivity of our workforce.
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.
Applications are accepted year round.
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.
Applications are accepted year round.
Provide supplemental funding for investment entities that have been approved for the Federal New Markets Tax Credit (NMTC) program in order to direct more funding to Missouri projects. The NMTC program provides state and federal tax credits to investors that make investments into approved funds, which will make investments in eligible projects located in low income census tracks in Missouri.This program does not provide tax credits directly to businesses.
Some jobs require training that is beyond what you receive in a classroom or the experience you may have gained from previous jobs. The goal of On-the-Job Training is to put unemployed individuals back to work earning a paycheck while receiving job specific training, instruction, and real work experience. Training takes place in a real work environment, using the tools, equipment, and materials employees use when fully trained. Upon completion of the training, you will be ready for placement in a long-term position.
The annual Poetry Out Loud National Recitation Contest encourages the nation’s high school students to experience great poetry through participating in a dynamic nationwide recitation competition. This program helps students master public speaking skills, build self-confidence, and learn about their literary heritage. Missouri has participated in Poetry Out Loud every year since the program was founded in 2006 by the Poetry Foundation and the National Endowment for the Arts (NEA).
Provides lower-interest financing for certain types of projects.
Helps communities increase supply of housing for low and moderate income families by providing a tax credit for developers to rehabilitate or construct rental housing.
The MDFB Single Issue Tax-Exempt Industrial Revenue Bond Program (the “Tax-Exempt 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 Board.
To grow the state’s manufacturing industry, a variety of producers (electrical energy, coal, gas, machinery equipment, chemicals, energy sources, materials, etc), can access a 4.225 state sales tax exemption as well as a local use tax.
Applications accepted year round.
Looking to hire highly-skilled and versatile workers? Take the pledge today and start connecting with our military men and women after they return home from service. Their dedication and technical knowledge can translate across the board in a variety of industries. Your company can achieve even greater potential with these leaders on your team.
To provide financial assistance and access to capital to businesses impacted by a natural disaster. This may include businesses sustaining direct property damage or local businesses sustaining interruptions to their operations and services because of temporary customer loss, temporary interference with access, or other impacts.
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. View a map of the organizations throughout Missouri that participate in this program and provide a variety of services to help entrepreneurs grow.