The MOKAN Partnership connects companies with powerful business incentives and tax advantages across southwest Missouri, southeast Kansas, and northeast Oklahoma. Our region’s unique multi-state position offers companies the flexibility to explore programs that best align with project goals — whether that’s workforce development, infrastructure financing, or long-term tax savings. Supported by public and private leaders who understand the needs of industry, MOKAN helps businesses identify and leverage the most competitive tools available for growth.
Each community within the MOKAN region offers a range of customizable economic development incentives, designed to reward capital investment, job creation, and long-term regional growth.
Explore the resources below for state-specific incentives or contact the MOKAN Partnership to start developing a tailored incentives strategy that maximizes your company’s success in Missouri, Kansas, and Oklahoma.
Industrial Revenue Bonds (IRBs)
Kansas communities offer Industrial Revenue Bonds as a primary local tool to finance land, buildings, and equipment for qualifying projects. IRBs allow local governments to issue bonds on behalf of a company, providing access to lower-cost financing and significant tax advantages.
Benefits often include:
PEAK (Promoting Employment Across Kansas)
Kansas’s flagship job creation program, PEAK, rewards companies that create quality jobs in the state. Qualifying firms can retain up to 95% of payroll withholding taxes for new employees, making it a highly flexible, performance-based incentive.
Key advantages include:
Integrated Production Machinery & Equipment Exemption
Kansas offers a sales tax exemption for integrated production machinery and equipment used directly in manufacturing operations. The exemption applies to new, replacement, or expanded production lines, helping reduce upfront project costs.
Qualifying uses include:
Rural Opportunity Zones (ROZs)
Several tracts across southeast Kansas, including portions of Cherokee and Crawford counties, are designated as Rural Opportunity Zones. This federal program provides capital gains tax deferrals and potential exclusions for investments in eligible real estate or operating businesses.
By aligning public and private investment, these zones encourage redevelopment and support long-term growth in Kansas communities.
Enhanced Enterprise Zones (EEZ)
Enhanced Enterprise Zones are locally designated areas that offer property tax abatement for qualifying businesses making new investments and creating jobs. The program is designed to encourage long-term community investment and diversify local economies.
Key features include:
MOKAN works with regional development officials to coordinate EEZ benefits across Jasper, Newton, McDonald, and Barton counties.
Industrial Revenue Bonds (IRBs)
Missouri’s IRB program provides tax-exempt financing for land, buildings, and equipment. When issued by a city or county, IRBs can include both property and sales tax exemptions for eligible projects.
Typical uses include:
Missouri Works Program
The Missouri Works Program is the state’s premier job creation tool, providing a combination of payroll tax retention and refundable tax credits to qualifying companies. It’s designed for businesses expanding or relocating operations to Missouri.
Program highlights:
Sales and Use Tax Exemptions for Manufacturers
Manufacturers in Missouri benefit from exemptions on machinery, equipment, and utilities used in production. This reduces operational expenses and makes the state a competitive location for industrial projects.
The exemption applies to:
BUILD Missouri
This low-interest financing program supports large-scale transformational projects that create or retain jobs. Administered by the Missouri Department of Economic Development, Build Missouri Bonds can help fund industrial, commercial, or mixed-use facilities.
Opportunity Zones (OZs)
Missouri’s Opportunity Zones provide federal capital gains benefits for investors who reinvest profits into qualified projects in designated areas. Zones in the MOKAN region include sites in and around Joplin, offering opportunities for real estate redevelopment and business growth.
Industrial Revenue Bonds (IRBs)
Local development authorities in Oklahoma may issue tax-exempt Industrial Revenue Bonds to support private business development. These bonds can reduce financing costs and provide property and sales tax advantages during construction and operation.
Quality Jobs Program
Oklahoma’s Quality Jobs Program (QJP) provides quarterly cash payments of up to 5% of new payroll for companies that create well-paying jobs. Payments are performance-based and continue for up to 10 years.
Key features:
Investment / New Jobs Tax Credit
Oklahoma offers income tax credits of 1%–5% for qualifying investments in new or expanded facilities. Projects creating new jobs or making significant capital investments may combine this credit with other state programs for greater impact.
Manufacturing Sales Tax Exemptions
Oklahoma has a comprehensive sales tax exemption for manufacturers who qualify for and obtain a Manufacturer’s Sales Tax Exemption Permit (MSEP).
The exemptions cover purchases of machinery and equipment, energy and tangible personal property used in design, development and the manufacturing operation at the manufacturing site.
Opportunity Zones (QOZs)
Oklahoma’s federally designated Opportunity Zones provide long-term investors the ability to defer and potentially reduce capital gains taxes by investing in designated low-income communities. These zones are strategically positioned to promote revitalization and new business growth in the northeast Oklahoma portion of the MOKAN region.