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MAEDC Newsletter | May 30, 2023



JULY 13TH, 11:30 AM - 1 PM

We're thrilled to announce that the Small Business Development Center (SBDC) will be joining us at our offices on Thursday, July 13th, from 11:30 am to 1 pm for an exciting community lunch and learn event!

It's been a while since the Mizzou SBDC has graced us with their presence in Moberly, MO, and we couldn't be more excited to have them back! Prepare yourself for an afternoon filled with valuable guidance, unwavering support, and an abundance of resources tailor-made for entrepreneurs and small business owners like you.

During the event, their team of experts will showcase a range of services designed to help your small business thrive or transform your innovative idea into a reality. They'll be sharing their wealth of knowledge and proven strategies to boost your chances of success while overcoming common challenges faced by small businesses.

This is a no-strings-attached opportunity for you to tap into the expertise and comprehensive services that the SBDC offers. Whether you're just starting out or looking to take your business to the next level, their team will be there to guide you every step of the way.

So mark your calendars, spread the word, and get ready for an uplifting and informative session that will leave you feeling motivated and empowered. Join us at our offices on Thursday, July 13th, from 11:30 am to 1 pm for an unforgettable lunch and learn experience with the SBDC.

Together, let's unlock the true potential of your small business!


Leadership Northeast: Eolia - Workforce Development

Kaylee Paffrath, Dir. Bus. Dev, attended the Leadership Northeast Workforce Session in Eolia, Missouri on May 18th at the Pike-Lincoln Technical School.

The Pike-Lincoln Technical School is a thriving educational institution providing high-quality vocational training and career development opportunities to students and adults in the Pike and Lincoln counties area. The school offers a diverse range of programs that prepare students for success in various industries, including automotive technology, building trades, law enforcement, health sciences, welding, 3-D animation, and much more.

Students enrolled in the Certified Nursing Assistant (CNA) program shared stories of their experience with the group as well as their future plans, which both included continuing their education and exploring careers in healthcare. Pike-Lincoln Technical School is truly a hub of opportunity, empowering students to achieve their dreams and make a positive impact in their communities.

Jeff Pinkerton, the Director of Economic Research for the State of Missouri, delivered an insightful presentation on the NE Region Workforce and provided a comprehensive demographic overview. Sue Goulder, Macon County Economic Development Director, also shared valuable information about the upcoming Build My Future event in Macon and announced that the 2023 Build My Future event is scheduled for September 20, 2023. Build My Future gives students the opportunity to spend a day in the Construction Industry through an interactive showcase.

Additionally, Billie Since, the Re-entry Supervisor for the Missouri Department of Corrections, presented on the department's newly re-vamped re-entry program, highlighting its significance and impact. The next Leadership Northeast session will be held in Brunswick, Missouri on June 8th. It promises to be another engaging and informative gathering!


We are currently conducting a comprehensive Childcare Needs Assessment survey for Howard and Randolph County, Missouri. This survey aims to gather valuable insights regarding the childcare needs of families in our area and the potential impact on local businesses. Your input is highly valuable in helping us gain a comprehensive understanding of the current childcare landscape and the challenges faced by working parents. By participating in this survey, you will contribute to the development of effective strategies and resources that can address these childcare needs and benefit the entire community. To access the survey, please visit the following link: Childcare Needs Assessment Survey. It should only take approximately 5 minutes to complete, and all responses will be treated with strict confidentiality. We appreciate your honest and thoughtful feedback, as it will shape the future of childcare services in our region. Additionally, we kindly request your assistance in spreading the word about this survey among your employees and network. Encouraging their participation would greatly enhance the accuracy and representativeness of our findings.


The Depot District Private Property Improvement Grant Program (PPI)

Private Property Improvement Grant Program (PPI)

Funding provided by the Moberly Downtown Community Improvement District.

Large Project:

Minimum total investment of $10,000 One per structure within a CID fiscal year (July through June) 50/50 matching grant up to $10,000 Up to 5 projects could be funded.

Small Project: No minimum investment

One per structure within a CID fiscal year (July through June) 50/50 matching grant up to $3,500 Up to 8 projects could be funded.

The purpose of the Private Property Improvement Incentive Grant Program is to assist property owners with improvements to real property within the Downtown Moberly Community Improvement District. Priority focus will be on properties identified with health or safety issues identified through the City of Moberly’s Code Enforcement. Funds for this program are provided by the Moberly Downtown Community Improvement District and are subject to staying within the City of Moberly fiscal year budget.


Purchasing Managers' Index (PMI)

Missouri’s Purchasing Managers’ Index (PMI) for March was 49.5, increasing 1.5 points from March indicating a sluggish economy, according to the monthly Mid-America Business Conditions Survey, conducted by Creighton University, Omaha, NE. For the third straight month, the Mid America Region’s overall index climbed above growth neutral. Economists consider the index a key economic indicator. It measures such factors as new orders, production, supplier delivery times, backlogs, inventories, prices, employment, import orders and exports. Typically, a score greater than 50 indicates an expansionary economy while a score below 50 forecasts a sluggish economy. The US April PMI® for manufacturing registered 47.1, up 0.8 points from the March reading. Note: The national purchasing manager's indices are produced by the Institute for Supply Management, formerly the Purchasing Management Association.


KWIXLand Business Spotlight: Patton Educational Products Company (PEPCO)

Dave Patton, the owner of Patton Educational Products Company (PEPCO, Inc.), recently joined Brad for May's KWIXLand in the Morning Business Spotlight. PEPCO, Inc., a leading provider of science furniture and equipment, is committed to enhancing science education by creating dynamic and interactive learning spaces. Recognizing the significance of hands-on learning in engaging students, PEPCO, Inc. designs science tables that thoughtfully accommodate a wide range of scientific experiments and activities. These tables are tailored to meet the demands of modern science education, incorporating adjustable heights and durable materials. Continue Reading...


Missouri Economic Dashboard


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