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.

83 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

  6. Very good website you have here but I was wondering if
    you knew of any discussion boards that cover the same topics discussed in this article?
    I’d really like to be a part of community where I can get advice from
    other knowledgeable individuals that share the same interest.

    If you have any suggestions, please let me know.
    Bless you!

  7. I’m curious to find out what blog platform you have been working
    with? I’m experiencing some small security problems with my latest blog and I’d like to find something more safeguarded.
    Do you have any solutions?

  8. Hey I am so delighted I found your website, I really found you by accident, while I was
    searching on Google for something else, Anyways
    I am here now and would just like to say thank you for a fantastic post and a all round
    enjoyable blog (I also love the theme/design), I don’t have time to
    browse it all at the moment but I have bookmarked
    it and also added your RSS feeds, so when I have time I will be back to read much more, Please do keep up the excellent jo.

  9. Howdy! I’m at work browsing your blog from my new
    iphone 4! Just wanted to say I love reading through your blog and look forward to all your posts!
    Keep up the excellent work!

  10. Hello there! Would you mind if I share your blog with my facebook group?
    There’s a lot of folks that I think would really enjoy your content.
    Please let me know. Thank you

  11. Please let me know if you’re looking for a article writer for your
    weblog. You have some really great articles and I think I
    would be a good asset. If you ever want to take some of the load off, I’d really like to write some material for your blog in exchange
    for a link back to mine. Please shoot me an e-mail if interested.
    Thanks!

  12. Hey There. I found your blog using msn. This is a very well
    written article. I’ll be sure to bookmark it and come back to read
    more of your useful information. Thanks for the post.
    I will certainly comeback.

  13. I’m really loving the theme/design of your site.

    Do you ever run into any internet browser compatibility
    issues? A number of my blog audience have complained about my
    site not working correctly in Explorer but looks great in Safari.
    Do you have any ideas to help fix this problem?

  14. My partner and I stumbled over here coming from a different
    website and thought I might check things out.
    I like what I see so i am just following you. Look forward to exploring your
    web page repeatedly.

  15. Howdy would you mind sharing which blog platform you’re using?

    I’m looking to start my own blog in the near future but I’m having
    a hard time making a decision between BlogEngine/Wordpress/B2evolution and Drupal.
    The reason I ask is because your design seems different then most blogs and I’m looking for something completely unique.

    P.S Sorry for getting off-topic but I had to ask!

  16. Read our in-depth iPhone XS Max review
    Read our hands-on iPhone XR review
    link
    Read our hands-on Apple Watch 4 review
    iPhone XS price and release date
    iPhone XS

  17. Read our in-depth iPhone XS Max review
    Read our hands-on iPhone XR review
    link
    Read our hands-on Apple Watch 4 review
    iPhone XS price and release date
    iPhone XS

  18. Hello there! I know this is somewhat off topic but I was wondering if you knew where
    I could locate a captcha plugin for my comment form?
    I’m using the same blog platform as yours and I’m having problems finding one?
    Thanks a lot!

  19. Good day! Would you mind if I share your blog with my myspace group?

    There’s a lot of folks that I think would really appreciate your content.
    Please let me know. Many thanks

  20. Hiya! I know this is kinda off topic nevertheless I’d figured I’d ask.
    Would you be interested in exchanging links or
    maybe guest authoring a blog article or vice-versa?
    My site addresses a lot of the same topics as yours and
    I think we could greatly benefit from each other.
    If you might be interested feel free to send me an e-mail.
    I look forward to hearing from you! Excellent blog by the way!

  21. You could definitely see your expertise in the article you write.
    The arena hopes for even more passionate writers like you who aren’t afraid to say how they believe.
    At all times follow your heart.

  22. Aw, this was an incredibly good post. Taking a few minutes and actual effort to produce a top notch article… but what can I say… I put things
    off a whole lot and never seem to get anything done.

  23. Inter Rapid Wien live score (and video online live stream*) starts on 21.2.2019. at 20:00 UTC time at San Siro/Giuseppe Meazza stadium, Milan, Italy in UEFA Europa League, Knockout stage – Europe. Here on SofaScore livescore you can find all Inter vs Rapid Wien previous results sorted by their H2H matches. Links to Inter vs. Rapid Wien video highlights are collected in the Media tab for the most popular matches as soon as video appear on video hosting sites like Youtube or Dailymotion. We’re not responsible for any video content, please contact video file owners or hosters for any legal complaints tinyurl.

  24. Hi there, You’ve done an excellent job. I will definitely digg
    it and personally recommend to my friends.
    I’m confident they will be benefited from this web site.

  25. Ernest Quintana, 78, was at Kaiser Permanente Medical Center in Fremont when a doctor – appearing on the robot’s screen – informed him that he would die within a few days.

    A family friend wrote on social media that it was “not the way to show value and compassion to a patient“.

    The hospital says it “regrets falling short” of the family’s expectations.

    Mr Quintana died the next day.

  26. Hey There. I discovered your blog the usage of msn. That
    is a really well written article. I’ll be sure to bookmark it and come back to learn extra
    of your useful info. Thank you for the post. I’ll certainly return.

  27. I loved as much as you’ll receive carried out right
    here. The sketch is tasteful, your authored material
    stylish. nonetheless, you command get got an shakiness over that
    you wish be delivering the following. unwell unquestionably come more formerly
    again as exactly the same nearly a lot often inside case you shield this hike.

  28. I don’t even understand how I ended up right here, however I
    believed this put up was good. I do not realize who
    you’re but definitely you’re going to a well-known blogger
    should you are not already. Cheers!

  29. Hi there are using WordPress for your site platform? I’m new to the blog world but I’m trying to get started and create my
    own. Do you require any coding knowledge to make your own blog?
    Any help would be really appreciated!

  30. Theresa May says she has secured “legally binding” changes to her Brexit deal, a day ahead of MPs voting on it.

    But European Commission President Jean-Claude Juncker” warned if the deal was voted down there was “no third chance”.

    They spoke at a joint press conference in Strasbourg after a late meeting.

  31. Hello would you mind letting me know which webhost you’re using?
    I’ve loaded your blog in 3 different internet browsers and I must say this blog loads a lot quicker then most.
    Can you suggest a good web hosting provider at a fair price?

    Thanks a lot, I appreciate it!

  32. Attractive section of content. I just stumbled upon your blog and in accession capital to
    assert that I get actually enjoyed account your blog posts.
    Anyway I will be subscribing to your feeds and even I achievement you access consistently
    fast.

  33. Hello I am so happy I found your weblog, I really
    found you by accident, while I was searching on Google for something else, Nonetheless I am here now and would
    just like to say many thanks for a incredible post and a all round thrilling blog (I also love the theme/design), I
    don’t have time to read it all at the minute but I have
    saved it and also added in your RSS feeds, so when I have time I will be back to read a great
    deal more, Please do keep up the great job.

  34. These three figures — William Rick Singer, Mark Riddell and Rudolph Meredith, respectively — are at the center of the nationwide scandal in which 33 parents are accused of using their wealth and means to help their children game the college admissions system.
    But those three names do not appear anywhere in the complaint text, though the document gives enough clues to make clear who is who. Instead, they are named as Cooperating Witness 1, 2 and 3, and each agreed to plead guilty and to cooperate with the government in the hope of obtaining leniency when they are sentenced, the complaint says.

  35. I’m really impressed with your writing skills and also with the layout on your blog.
    Is this a paid theme or did you customize it yourself?
    Anyway keep up the excellent quality writing, it’s rare to see a nice blog like this one today.

  36. Thanks a lot for sharing this with all of us you actually
    realize what you are talking about! Bookmarked. Kindly also consult with my site
    =). We can have a hyperlink exchange contract among us

  37. You’ve made some really good points there. I checked on the net for
    more information about the issue and found most individuals will go along with your views on this website.

  38. Trump was surrounded at Friday’s event by officials from Customs and Border Protection as well as surviving family members of those who have loved ones killed by undocumented immigrants. Attorney General William Barr was also at the President’s veto event.
    While some lawmakers including some Republicans — have argued against the President’s use of national emergency powers in this instance, the Justice Department set forth a robust defense of the President’s authority to do so in a letter to Senate Majority Leader Mitch McConnell earlier this month, according to a copy obtained by CNN on Friday.
    “The President acted well within his discretion in declaring a national emergency concerning the southern border,” wrote Assistant Attorney General Stephen Boyd, setting out the legal basis for the proclamation under the National Emergencies Act and additional statutory authorities, which largely tracks an internal memo issued by the Office of Legal Counsel at the Justice Department.

  39. Its such as you learn my thoughts! You seem to understand
    a lot approximately this, like you wrote the e-book in it or
    something. I believe that you can do with a few % to power the message home a bit,
    but instead of that, this is magnificent blog. A great read.
    I will definitely be back.

  40. Greetings I am so thrilled I found your site, I really
    found you by accident, while I was browsing on Digg for something else, Anyhow I am here now and
    would just like to say kudos for a fantastic post and a all round
    thrilling blog (I also love the theme/design), I don’t have
    time to read it all at the minute but I have bookmarked it and also added in your RSS feeds, so when I have time I will be back to read
    much more, Please do keep up the fantastic jo.

  41. I was wondering if you ever considered changing the layout
    of your site? Its very well written; I love what youve got to say.
    But maybe you could a little more in the way of content so people could connect with it better.

    Youve got an awful lot of text for only having 1 or 2 pictures.
    Maybe you could space it out better?

  42. Excellent post. I was checking continuously this blog and I am impressed!
    Very helpful info specially the last part 🙂 I care for such info
    much. I was seeking this particular info for a long
    time. Thank you and good luck.

  43. Its like you read my mind! You seem to know a lot about this, like you wrote the book
    in it or something. I think that you can do
    with some pics to drive the message home a bit, but
    other than that, this is magnificent blog. A fantastic read.
    I’ll certainly be back.

Leave a Reply

Your email address will not be published.