Available Incentives in Designated Zones
Foreign-Trade Zone
Foreign-trade zones (FTZs) are intended to increase U.S. participation in international trade and allow foreign products to be admitted without being subject to customs duties. The FTZ site around Lambert-St. Louis International Airport consists of designated areas with existing businesses as well as land under development. To view a map of the zone, click here.
This particular FTZ is important to the Midwest China Hub Commission, a group of local and state leaders working with China to establish the St. Louis region as a multi-state commercial hub for Chinese trade.
For more information, please contact Beth Noonan or visit the Federal Foreign-Trade Zone's Web site.
Greater St. Louis Regional Empowerment Zone
Portions of St. Louis County have been designated part of a Federal Empowerment Zone. Companies meeting the federal program guidelines in job creation and capital investment may qualify for federal tax credits. Click here for more information.
SBA HUBZone
The HUBZone Empowerment Contracting program was enacted into law as part of the Small Business Reauthorization Act of 1997. The program falls under the auspices of the U.S. Small Business Administration. The program encourages economic development in historically underutilized business zones - "HUBZones" - through the establishment of preferences.
SBA's HUBZone program is in line with the efforts of both the Administration and Congress to promote economic development and employment growth in distressed areas by providing access to more Federal contracting opportunities. To learn more on HUBZone benefits and how to become a HUBZone firm, visit SBA HUBZone.
State of Missouri Enterprise Zone
The Missouri Enterprise Zone program facilitates relocation and expansion of businesses in economically distressed areas of St. Louis County by offering tax credits and abatement related to job creation and capital investment. Click here for more information.
Currently, St. Louis County is home to two Enhanced Enterprise Zones:
The Business Development Division oversees the administration of these zones within St.Louis County.
State of Missouri Rebuilding Communities Program
Some areas within St. Louis County participate in the State of Missouri Rebuilding Communities Program. This program provides tax credits for job creation and capital investment to companies that locate in communities qualifying for this program. Click here for more information.
Contact St. Louis County Economic Council's business development professionals:
Douglas Rasmussen 121 S. Meramec Avenue | Monica Conners 121 S. Meramec Avenue |
