Business Use Incentives for Large-Scale Development (BUILD)

The BUILD Missouri Program is an incentive tool that allows the Missouri Department of Economic Development and the Missouri Development Finance Board to finance a portion of the costs of qualifying capital investments in economic development projects for eligible businesses which seek to locate or expand in Missouri. The incentives offered by the BUILD Missouri Program are designed to offset infrastructure and other capital costs of certain large projects by making the cost of investing in Missouri more competitive with other states. The Program is governed by Sections 100.700 to 100.850, RSMo.

ELIGIBLE APPLICANTS

• An eligible industry must invest a minimum of $15 million, or $10 million for an office industry, 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.