Investment opportunities for small rural businesses begin in November

CAPE GIRARDEAU Mo. (KBSI) – Starting November 18, 2024 the Missouri Department of Economic Development will start a rural access to capital tax credit program. 

DED has finalized guidelines for the Rural Access to Capital Tax Credit Program to promote workforce development and capital investment for the rural areas in Missouri.

The program is a one cycle application to determine the eligibility of the rural or small investment companies. 

If your application is approved, it will be certified as a Rural Fund and awarded to the Qualified Investment Authority. With this award it will allow more growth for smaller businesses in areas that are not overpopulated.

You can fill out applications online starting November 18.