The Missouri Housing Trust Fund was created by the state Legislature in 1994 to help meet the housing needs of very low income families and individuals. The Missouri Housing Development Commission administers the Trust Fund, which provides funding for a variety of housing needs, such as homeless prevention; rehab or new construction of rental housing, rental assistance; and home repair.
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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.
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.
Facilitate the creation of quality jobs by targeted business projects.
MTC is the state’s public-private organization that invests directly in tech and bioscience focused startups with the goal of accelerating private capital to fuel their growth. MTC's early stage capital co-investments help startups finance important activities to commercialize their technologies, such as hiring key personnel, protecting intellectual property, prototyping and proof of concept work, and purchasing equipment. The organization also provides grants to incubators, accelerators, and research centers throughout the state to further strengthen the entrepreneurial ecosystem.
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.
The Missouri Technology Corporation makes strategic investments in public and private non-profit research institutions (including higher-ed) and non-profit entrepreneurial support organizations to expand the state’s innovation ecosystem that help entrepreneurs commercialize new technologies and create next-generation jobs.
Facilitate the redevelopment of downtown areas and the creation of jobs by providing essential public infrastructure.
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.
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Implement community or neighborhood projects in your town that will strengthen economic development. This program can help fund job training initiatives, crime prevention, community service projects, and revitalization of community-based buildings and areas.
A Neighborhood Improvement District (NID) is a special taxing district that collects revenue within its designated boundaries to help pay for public infrastructure, facilities or other improvements that confer a benefit on property within the district, normally a residential and not a commercial area.
To provide an incentive for the rehabilitation or construction of owner-occupied homes in certain areas of the state.
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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.
An Opportunity Fund is any investment vehicle organized as a corporation or partnership for the purpose of investing in Opportunity Zones that holds at least 90% of its assets in qualified Opportunity Zone assets.
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).