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NEWS & EVENTS

MAEDC Newsletter | August 7, 2023


Education and Exploration


Our very own Kaylee Paffrath has been busy hitting the books in the last few weeks as she completed her Business Retention and Expansion and Credit Analysis certification courses through the International Economic Development Council (IEDC). Kaylee is actively working towards becoming a Certified Economic Developer (CEcD).


Additionally, she gained a deep understanding of our region by attending another information-packed session of Leadership Northeast at Northeast Power in Palmyra. This month's topic was Transportation and Infrastructure, during which representatives from Tri-State Development, Associated Electric, BNSF Railway, Lewis County IDA & Port Authority, Liberty Utilities, and MODOT presented on the impactful work of their respective organizations.


"I am thrilled for the opportunity to learn more about Northeast Missouri and the needs of our communities. Education and exploration pave the path to transformation. As I immerse myself in knowledge and experiences, I aim to unlock the potential of our region and empower our communities." - Kaylee Paffrath


 

Missouri Works Incentive Program: Empowering Businesses for Growth


The Missouri Works Incentive Program, established by the Missouri Department of Economic Development, is a catalyst for driving economic development and fostering growth across the state. Designed to provide valuable support and incentives for businesses, the program aims to create a thriving business ecosystem that benefits both local communities and the state's economy.


Encouraging Business Expansion and Retention:

At the heart of the Missouri Works Incentive Program is the commitment to encourage existing businesses to expand their operations within the state. By offering competitive incentives and support, the program seeks to retain successful companies and empower them to further invest in Missouri, creating new job opportunities and fueling economic progress.


Attraction of New Businesses:

Beyond supporting established businesses, the Missouri Works Incentive Program actively attracts new businesses to set up shop in the state. Through tailored incentive packages, the program entices companies from diverse sectors to establish a presence in Missouri, bolstering innovation and fostering a diverse and robust economy.


Customized Solutions for Business Success:

Recognizing that each business has unique needs and requirements, the program takes a personalized approach in crafting incentive packages. Whether it's through tax credits, workforce training, or infrastructure support, the Missouri Works Incentive Program tailors solutions to address the specific challenges and goals of individual businesses, enhancing their chances of success.


Driving Job Creation and Economic Impact:

With a strong emphasis on job creation, the Missouri Works Incentive Program plays a crucial role in reducing unemployment rates and boosting economic activity across the state. By collaborating with businesses of all sizes, the program strives to enhance workforce development, foster innovation, and ultimately contribute to a thriving and sustainable economy.


Community Collaboration and Long-term Prosperity:

The success of the Missouri Works Incentive Program hinges on a collaborative approach involving state agencies, local governments, and businesses. Through this teamwork, the program aims to foster long-term prosperity, improve the quality of life for residents, and establish Missouri as a premier destination for business growth and development.


 
Photo Credit: Mike Heying via Facebook August 2023

Capital Sand Company: Transforming Landscapes through Quality Sand Products


Capital Sand Company, based in Glasgow, Missouri, is a leading provider of premium sand products and services in the United States. With a commitment to excellence and innovation, the company has earned a stellar reputation in the industry and has played a vital role in shaping landscapes for various applications.


Established in 1982, Capital Sand Company started as a humble family-owned business with a vision to provide top-notch sand solutions to meet the growing demands of construction, infrastructure, and other industries. Over the years, their dedication to delivering unmatched products and exceptional customer service has propelled them into becoming a formidable force in the sand market.


Beyond their sand operations, Capital Sand Company takes an active role in supporting local communities. They invest in initiatives that promote education, environmental conservation, and community development, demonstrating their commitment to being a socially responsible corporate entity.


For more information, please visit their official website: https://capitalsandcompany.com/

 

Business Bites at MAEDC - August 8th - Creating an Effective Business Plan


Join us for August's Business Bites! 🍔📅

Are you an aspiring entrepreneur looking to kickstart your business venture? 🚀 Or perhaps you have a brilliant idea but don't know where to begin with a solid business plan? 🤔 Well, worry no more because we've got you covered!


📝 In this month's Business Bites event, we will be focusing on "Creating an Effective Business Plan." A business plan is the foundation of every successful business, and we want to equip you with the knowledge and tools to craft a winning plan that sets you up for success. 💼💡


🗓️ Date: Tuesday, August 8th

⏰ Time: 11:30 a.m. - 1:30 p.m.

🏢 Location: Moberly Area Economic Development Corporation, 115 N. Williams, Moberly, MO


🖥️ Bring your laptops along so you can get hands-on and start working on your business plan right away! 💻


The expert team from the Small Business Development Center (SBDC) will be present to guide you throughout the process and answer any questions you may have.


Whether you're a seasoned entrepreneur or just getting started, this event is open to all. Network with like-minded individuals, gain valuable insights, and take the first step towards turning your business dreams into reality. 🌟


Don't miss out on this fantastic opportunity to learn and grow your entrepreneurial skills! See you at Business Bites!


Upcoming Business Bites: September 12th - Navigating Government Contracts, October 10th - Exporting 101. Hope to see you there!

 

Missouri Department of Agriculture Updates Hay Directory Website


The Missouri Department of Agriculture announces changes to the Department’s online Hay Directory, making it even easier for sellers and buyers of hay. The department manages the online hay directory, where livestock producers can search for hay made available by other producers in Missouri and other states.


“Times are tough in this extensive drought,” said Director of Agriculture Chris Chinn. “I’m thankful our team is able to provide resources to producers statewide. With new updates to the MDA Hay Directory, it will be even easier for producers to find what they need and ensure hay is available to their livestock.”


The MDA directory can be filtered by county or state and is regularly maintained by Department staff. The List Your Hay section can be filtered by region of Missouri, hay type, bale type, bale weight, and unit. Producers can also review a lab analysis if the seller has provided one.


For more information about the Missouri Department of Agriculture and its programs, visit the Department online at Agriculture.Mo.Gov.

 

Urban Agriculture Cost-Share Grants Available

The Missouri Department of Agriculture announced funding for the Urban Agriculture Cost-Share Grant Program. The Department will award grants of up to $10,000 for reimbursement of expenses associated with urban agriculture and economic development. Applications are due by Sep. 15, 2023 and awarded projects must be complete or near completion and ready for inspection by April 30, 2024.


The Urban Agriculture Cost-Share Grant will fund urban agriculture projects which may include introducing a new crop or product to an area, expanding the use of an agricultural product, or adding value to agricultural products. Applicants will only be reimbursed for 75% of the total project expenses made during the grant period.


Projects that demonstrate an economic benefit and potential for sustainable revenue generation and job creation will be given priority. Examples of projects include developing small agribusinesses, implement production infrastructure, creating direct distribution venues, developing agricultural workforce or providing training and development skills for agricultural business sustainability.


Projects must reside in areas which have been designated as an urbanized area by the 2020 United States Census Bureau.


Applications must be received by Sept. 15, 2023. The anticipated award date is mid-October 2023, and projects must be inspected by April 30, 2024.


Applications, grant guidelines and requirements can be found online at https://agriculture.mo.gov/abd/financial/urban.php.


To learn more about the Missouri Department of Agriculture and other financial assistance, please visit Agriculture.Mo.Gov.


 

Henry Kirklin Black Farmer Scholarship Fund


This scholarship fund was established in Henry Kirklin’s honor by the non-profit partners of Columbia’s Agriculture Park: Columbia Center for Urban Agriculture, Columbia Farmers Market, and Sustainable Farms & Communities. The fund was first seeded by Missouri Foundation for Health, and other private donations in June 2020.


Qualifications:

The scholarship program is designed for people who:

  • Have never farmed before or have operated a farm for less than ten years.

  • Identify as Black

  • Are farming or plan to farm in mid-Missouri

While it is not required, special consideration will be given to farmers who plan to market their products at Columbia Farmers Market.


For more information on how to become a vendor at CFM visit: https://columbiafarmersmarket.org/how-to/become-a-vendor/.


 

Community Business Survey

We want to hear YOUR voice and make a difference in our community! We are conducting a Business Survey to find out which businesses YOU would like to see come to town and enrich our community even further. Your feedback is invaluable in shaping the future of Moberly!



It's quick, easy, and will only take a few minutes of your time. Your input will help us attract new businesses and create more opportunities for everyone. Let's make the Moberly area an even better place to live, work, and play!


 

KWIXLand Business Spotlight: Moberly Area Economic Development Corp's Kaylee Paffrath

Our latest KWIXLand interview features none other than Kaylee Paffrath, the Director of Business Development at MAEDC! She spills the beans on all things "Business Bites" and gives us the inside scoop on the world of franchising.



If you have any questions or want to know more about franchising opportunities, don't hesitate to reach out!


Send us an email at info@moberly-edc.com

 

AT&T recognizes that the world of sport, media & entertainment is far from equitable for women and minority groups. She’s Connected drives meaningful impact by improving access, increasing representation, and deepening their investment in women’s sport, media, and entertainment.


She’s Connected was established to channel our scale, resources and technology to drive gender equality progress.


The She’s Connected content series focuses on spotlighting the multi-dimensional nature of women athletes, specifically supporting athletes that have side-hustles, careers outside of their sport or philanthropic endeavors.

 

We're sending our Director of Business Development, Kaylee Paffrath, #OvertheEdge for the Moberly Area Chamber of Commerce in September 9th!


Learn more or contribute at: https://fnd.us/e2EuWe?ref=sh_3CfSG8


 

Missouri Economic Dashboard


 

Thank You Industrial Club Sponsors!


The collective efforts of our Industrial Club members have not only strengthened our organization but have also had a profound impact on the lives of countless individuals in our community. Together, we have been able to generate job opportunities, enhance workforce development, and foster an environment conducive to innovation and prosperity.



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