Incentives & Financing Tools

Springfield's Partnership For Economic Development stands ready to compile a package of development incentives best suited for your business or client.  Below is information on many programs offered by Springfield and the State of Missouri.  For additional information, please contact us.

Enhanced Enterprise Zone

The Enhanced Enterprise Zone offers 50% abatement for 10 years as well as saleable, refundable tax credits to any company creating jobs and making investments with in the boundaries of the zone.  Additional abatement is offered for LEED-Silver certified facilities.

Program Overview
Detailed EEZ Map
Property Tax Rates
Missouri EEZ Tax Credits

Missouri Quality Jobs

The Quality Jobs program offers significant benefits through retained state payroll tax withholdings and refundable, saleable tax credits.  To qualify a company must create jobs paying more than county average wage and provide employee benefits.

Quality Jobs Overview

Development Tax Credits

The state provides income tax credits based on a contribution by a company to a local non-profit corporation for projects approved by the Department of Economic Development. The amount of credits approved will be based on the economic impact of the project and the minimum amount of credits required to cause the project to occur. The purpose of the program is to create full-time, year-round jobs. 

Missouri Training Programs

The State of Missouri offers two different training programs to meet the needs of new and expanding businesses.  Both offer flexibility in covering training costs for newly-created jobs.

Customized Training Overview
New Jobs Training Overview

Financing Programs

Industrial Revenue Bonds - Missouri's IRB program offers tax-exempt bonds for property acquisition, construction and/or equipment with an attractive interest rate.   IRB Overview

Missouri Linked Deposit Program - Linked Deposit partners with lending institutions to provide low-interest loans to help create and retain jobs by reducing the interest rate on certain loans that borrowers can use to improve their businesses.  Linked Deposit Overview

Missouri Economic Development Programs »

All incentive programs available from the state DED

Small Business Administration Programs »

SBA provides a number of financial assistance programs for small businesses

Department of Natural Resources Programs »

Grants and loans available from MDNR

EEZ Annual Reports »


Contact Information

Ryan Mooney, CEcD
Toll Free: 800-879-7504
Phone: 417-862-5567

Springfield Business Development Corporation

202 S. John Q. Hammons Pkwy
Springfield, Missouri 65806