Jump to: INCENTIVES | WORKFORCE TRAINING | UTILITY PARTNERS
Incentives
Authorized in 2009, the Cole County Enhanced Enterprise Zone allows eligible facilities to receive a minimum of 50% property tax abatement for improvements made to real property for a period of 10 years from assessment of improvements.
Chapter 100 authorizes cities and counties to issue industrial development bonds to finance a wide variety of commercial facilities and equipment and to offer real and/or personal property tax abatement, sales tax exemption on construction materials, and/or sales tax exemption on tangible personal property. The terms and abatement percentages are typically determined at the local level.
Major projects that meet certain investment and job creation requirements may receive assistance through the BUILD (Business Use Incentive for Large-scale Development) Missouri Program. BUILD is a selective and competitive program reserved for use with large projects that bring significant investment and jobs that benefit the community and state economies.
The program uses bond financing for public or private infrastructure or new capital improvements of the business at the project location. Companies in the BUILD program realize the benefit of the program through refundable state tax credits issued to the company that are equal to the amount of annual debt service payments on the bonds over a period of 10 to 15 years.
Workforce Training
As the state’s principal workforce development program, Missouri One Start provides businesses with comprehensive pre-employment and customized training solutions. The Missouri One Start Network has the resources to meet each company’s unique needs. Missouri One Start specializes in providing custom-built training programs specifically for each business. That plan may include one-on-one recruitment services, and pre- and post-employment training. Training might take place in a classroom setting, on-the-job, at a company facility, or in a training center within the Missouri One Start Network.
The LearningForce team at State Fair Community College can provide businesses with customized workforce training to help leverage your resources, strengthen your workforce, and gain a competitive edge. They can offer courses at your business site, online, and on campus.
By understanding your business needs, The LearningForce can work with you to develop training programs specifically for your company, help you solve business problems, and ensure your workforce is empowered to move your company forward.
The Business and Industry Department at State Technical College of Missouri supports industries by providing valuable training assistance and services to companies.
The Department assists employers in building a highly skilled and profitable workforce by facilitating instructional classes customized to meet industry needs and can assist companies in applying for funds through the Missouri One Start Customized Training Program.
State Tech can develop personalized training courses to fit your company’s needs. These courses can be held on campus, at your facility, or a combination of both.
Lincoln University of Missouri is a historically black, 1890 land-grant, public, comprehensive institution that provides excellent educational opportunities including theoretical and applied learning experiences to a diverse population within a nurturing, student-centered environment.
Utility Partners
Whether you’re a new or established business looking to expand or relocate or searching for ways to save money to reinvest in your business, Ameren is your smart energy partner invested in your success. Ameren understands your challenges and collaborates with you to help identify the best location, savings opportunities, and energy solutions to meet your unique growth requirements.
Three Rivers Electric Cooperative has been providing electric services in Central Missouri since 1939. TREC has more than 18,000 members, serves more than 23,000-meter connections, and maintains 4,000 miles of energized lines. TREC continues to stay focused on providing the best possible service at rates consistent with sound business practices.