COVID-19 Business Resources
Missouri Small Business Development Centers
The Missouri Small Business & Technology Development Centers (MO SBTDC) are located throughout the state and help businesses in every stage – from concept to startup, growth to renewal, mature to succession.
Low-Interest Loans Available to Small Businesses in Missouri
The Missouri FIRST loan program is well-funded with a total of $720 million available, and the Missouri State Treasurer’s office is prepared to use the program to its highest potential to allow new and existing small business owners to receive lower interest rates on loans. Learn more
Does Your Business Qualify For Work Opportunity Tax Credits (WOTC)?
A Federal tax credit is available to employers for hiring individuals from certain target groups who have consistently faced significant barriers to employment. Learn more
Best in the Midwest Initiative
The Missouri Department of Economic Development (DED) launched an initiative to become the top economic development agency in the Midwest. The Best in Midwest initiative will create a new statewide strategy for economic development, led by DED. Learn more
Maximizing the Opportunity in Opportunity Zones
Opportunity Zones are low-income census tracts that offer tax incentives to groups who invest and hold their capital gains in Zone assets or property. By investing in Opportunity Zones, investors stand to gain a temporary deferral on their capital gains taxes if they hold their investments for at least 5 years, and permanent exclusion from a tax on capital gains from the Opportunity Zones investments if the investments are held for 10 years. Learn more
Opportunity Zones Could Provide Major Boost for Clean Energy, Sustainable Development
Market watchers are predicting $200 to $300 billion in investment in the nation’s 8,700-plus OZones. And federal rules have made it clear that green economy projects — such as local power generation, microgrids, EV charging stations and energy storage — are eligible for OZone investment. Read more
CDFA Conduit Bond Fee Study
In 2018, many CDFA members began to inquire about the effects of the Tax Cuts and Jobs Act of 2017 on the conduit bond industry in general and on conduit bond issuers. Even though PABs were preserved as part of that legislation, many other changes took effect potentially changing the value and attractiveness of conduit bonds. As such, CDFA surveyed conduit issuers of various sizes and geographic locations asking them to share information about their fee structures, fee caps, the ability to waive fees, and the effects from the Tax Cuts and Jobs Act of 2017. Issuers were surveyed throughout 2018 and early 2019. View Study Results