Welcome to the Show-Me- State, where industries, including agriculture, steel, automotive, electronics and everything in between play a massive role in the state’s economy. Manufacturing is a major component of Missouri’s $321.7 billion economy and represents nearly 13 percent of gross state product followed by government, real estate, and health care. Agriculture represents about two percent of gross state product at $5.2 billion.
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.
To develop areas identified by the port authority board of commissioners, this program establishes the Port Authority AIM Zone Fund consisting of 50% of the state withholding tax from new jobs within the zone after development or redevelopment has begun.
New or existing Missouri companies looking to embark on locating or expanding their headquarters in the state may be able to access incentives based on the number of news jobs and investment associated with the project.
The BUILD program is available to help companies embark on major investment and job creation expansions,
The purpose of the program is to incentivize the location and expansion of data centers in the State of Missouri by providing an exemption of the sales and use taxes associated with specified activities.
The program makes grants to States to carry out export programs that assist eligible small business concerns.
Subcity empowers small businesses, CPAs, and finance professionals to identify and apply for economic incentives and tax credits. Each year, over $100 billion is allocated for incentives across local, state, and federal programs in the U.S. Unfortunately, a significant portion of this money goes unclaimed or to large corporations with teams of tax attorneys and legal experts.
Subcity utilizes a comprehensive database of incentives to connect small businesses with the programs that were designed to help them create jobs, invest in their communities, and grow their business. Subcity charges a 10-20% fee for the programs they successfully secure, ensuring zero risk for clients as payment is contingent on results. Subcity is on a mission to democratize access to capital for America’s small businesses and has already delivered tens of millions of dollars in tax incentives for clients across the country.