Schmitt announces Missouri FIRST initiative to help small businesses and farmers

SPRINGFIELD, Mo. – Missouri State Treasurer Eric Schmitt is back on the road this week, announcing the revamping of the state’s linked deposit program.

Speaking in Springfield, Schmitt announced the launch and rebranding of the program, which will now be called Missouri FIRST (Financing Investment in our Rural, Small Business, and Technology communities).

The initiative will be aimed at helping small businesses and agricultural operations grow and expand through the issuing of low-interest loans.

“Small businesses and farms are the backbone of our state’s economy, but many that were set back by the recession have been struggling to grow ever since,” Schmitt said. “Missouri FIRST will create jobs for hardworking Missourians and revitalize Main Street by encouraging investment in our state’s economy. This program is about expanding opportunity and reaching our fullest economic potential as a state.”


Over the past year, Schmitt and his team have spent time gathering feedback from various small business owners, farmers, and lenders on how the program might be improved to benefit everyone.

By placing an emphasis on cutting the red tape, expanding access and modernizing the system, Schmitt announced several new changes to the program:

  • The lifting of single-use restrictions on borrowed, allowing them to re-apply for loans after their five-year terms are up
  • Eliminating the yearly certifications in order to reduce the amount of paperwork needed from borrowers
  • Expanding the eligibility criteria for agricultural loans to increase accessibility
  • Streamlining the linked deposit application process
  • Moving the internal process to a digital interface in order to speed up the approvals for borrowers and save taxpayer money

It also marks an opportunity for the state’s investment portfolio, as Schmitt is authorized to invest up to $720 million through the linked deposit program.

“At a time when small businesses are still struggling, Treasurer Schmitt has stepped up to the plate and delivered a solution for kick-starting our economy,” said Dan Mehan, President of the Missouri Chamber of Commerce and Industry. “Missouri FIRST gives our state a new competitive advantage when it comes to creating and retaining jobs.”

In addition to job creation and retention, another goal of Missouri FIRST is to encourage rural economic development by increasing linked deposit participation among farmers and ranchers.

“Farmers often struggle with securing reasonable financing for starting or expanding their operations,” said Blake Hurst, President of the Missouri Farm Bureau. “Treasurer Schmitt is addressing that problem head-on with Missouri FIRST, which is an important new tool for spurring economic development in rural Missouri.”

Existing linked deposit partnerships mean nearly one-third of Missouri lending institutions are already qualified to take part in the program. As of now, there are about 115 qualified Missouri FIRST linked deposit lenders with 350 branches throughout the state.

To find a full list of lenders and program eligibility guidelines, visit MOFIRST.mo.gov.

This story originally appeared on The Missouri Times.

14 thoughts on “Schmitt announces Missouri FIRST initiative to help small businesses and farmers

  1. 破產前 (即頒布破產前) 案件分析 : 向您講解各項會受破產影響的問題 (新借貸款、物業、保險單、銀行戶口、退休金、工作、家庭等)。並分析您現在所有債項詳情及現時被追收欠債情況,並提供適當對策。 入紙申請 : 可即日宣誓申請文件並入紙法院排期破產耹訊。 追債問題 : 即時通知債權人破產呈請,停止追數滋擾。 戶口凍結 : 申請解凍銀行戶口,取回被凍結的薪金。 初步訊問表 : 當中部份問題,難以回答,而胡亂作答,會引至被檢控。我們會協助回答訊問表內各方面的問題。 收支申報 : 懂得申報支出就可保留全部或大部份收入來生活。我們會協助你爭取最多生活支出,滿足你的需要

  2. 9合1升級保護,提升全面防護!!! 相比之前四合一的疫苗只能預防四種hpv病毒,70的相關癌症。 九合一可以預防9種hpv病毒,可預防高達90以上的子宮頸癌、外陰癌、陰道癌和肛門癌及癌前病變等。 HPV9合1子宮頸癌疫苗 Gardasil 功效 100 預防高危致癌的 HPV 16、18、31、33、45、52 及 58 型號 (可減低 90 患子宮頸癌、、90-95 肛門癌、85-90 外陰癌、80-85 陰道癌及相關癌前病變的風險) 100 減低引致生殖器官濕疣 (俗稱「椰菜花」) 的 HPV 6、11 型的感染 (可減低超過 90 患生殖器官濕疣的風險) 男性方面,能減低患上肛門癌、生殖器官濕疣 (俗稱「椰菜花」) 及傳播 HPV 病毒的風險 注射位置紅腫及痛、輕微發燒和頭痛,至今未有嚴重副作用記錄

  3. 不良拉皮手在人臉上留下許多宛如昭告世人「我作過拉皮手術」的印記(stigmata),常見者如下(見下圖):1.鬢毛過於靠近耳朵或甚至消失。2.耳垂變形或被拉長。3.嘴角、臉頰、下巴處皮膚形成往外拉的紋路。4.髮線後移,額頭太高,眉毛上楊,形成「持續驚訝」的表情。5.耳門太開,耳珠變形。6.臉皮緊繃,但顴骨脂肪墊下垂、眼眶凹陷或前額眉部下垂。

  4. 【香氛】我的外帶小香水 ♥ MY LITTLE CHLOES 迷你香氛 – Katerina的花俏部落格 •Beauty •Fashion •Lifestyle 【香氛】我的外帶小香水 ♥ MY LITTLE CHLOES 迷你香氛, Katerina的花俏部落格 •Beauty •Fashion •Lifestyle: 【香氛】我的外帶小香水 ♥ MY LITTLE CHLOES 迷你香氛, Katerina的花俏部落格 •Beauty •Fashion •Lifestyle

  5. 這個明星商品要出第二代了!你還沒用嗎? Marie Claire (HK) Edition 不只在日本熱賣十年以上,就連其他地方的女生都要瘋狂回購再搶購的Kanebo洗顏粉, 終於要出第二代了! 第一代不但拿了很多銷售獎,累積賣超過4億顆,而且口碑超好。 現在品牌終於要推出

Leave a Reply

Your email address will not be published.