BUILD Program

Riverview Office Building
221 Bolivar Street
Suite 300
P.O. Box 567
Jefferson City, MO 65102
Phone: 573-751-8479
Fax: 573-526-4418
E-mail:   mdfb@ded.mo.gov

The BUILD Missouri Program is an incentive tool that allows the Missouri Department of Economic Development and the Missouri Development Finance Board to provide a financial incentive for the location or expansion of large business projects. The incentives are designed to reduce necessary infrastructure and equipment expenses if a project can demonstrate a need for funding. The Program is governed by Sections 100.700 to 100.850, RSMo.

ELIGIBLE APPLICANTS

• An eligible industry in manufacturing, processing, assembly, research and development, agricultural processing or services in interstate commerce must invest a minimum of $15 million; or $10 million for an office industry (regional, national or international headquarters, telecommunications operations, computer operations, insurance companies or credit card billing and processing centers) in an economic development project; and
• Create a minimum of 100 new jobs for eligible employees at the economic development project or a minimum of 500 jobs if the economic development project is an office industry or a minimum of 200 new jobs if the economic development project is an office industry located within a distressed community as defined in Section 135.530, RSMo.
• Ineligible: Retail, health or professional services, intra-state relocations or replacement facilities.

For more information on the program, please review the BUILD Program Summary and BUILD Program Guidelines.