4 May 2021

Missouri Building Entrepreneurial Capacity (MOBEC)

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To create more home-grown, high-tech companies, Missouri must support entrepreneurs and foster innovation.  It is for this reason that the Missouri Building Entrepreneurial Capacity program (MOBEC) is a cornerstone of MTC’s investment strategy. Through the MOBEC grant program, MTC makes strategic investments that expand the support system for entrepreneurs that are commercializing new technologies or that enhance the capacity of Missouri to grow its innovation economy.

Applications closed November 16, 2021.

3 May 2021

CDFI Fund New Markets Tax Credit Program

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Through the NMTC Program, the CDFI Fund allocates tax credit authority to Community Development Entities (CDEs) through a competitive application process. CDEs are financial intermediaries through which private capital flows from an investor to a qualified business located in a low-income community. CDEs use their authority to offer tax credits to investors in exchange for equity in the CDE. Using the capital from these equity investments, CDEs can make loans and investments to businesses operating in low-income communities on better rates and terms and more flexible features than the market.

This program is not currently accepting applications.

3 May 2021

Business and Industry Loan Guarantees

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This program offers loan guarantees to lenders for their loans to rural businesses. Lenders need the legal authority, financial strength, and sufficient experience to operate a successful lending program. This includes lenders that are subject to supervision and credit examination by the applicable agency of the United States or a State including: Federal and State-chartered banks; Savings and loans; Farm Credit Banks with direct lending authority; and Credit unions.

For more information, see the fact sheet. Applications are currently open.