Incentives and Resources

Miami County’s leaders are committed to providing a balanced approach to economic development supported by cooperative planning. An emerging region, Miami County’s central location provides access to resources, transportation and workers.

When all you want to do is make your new business dream come true, wading through the list of available business resources can be time consuming and confusing. Contact the Miami County Economic Development Office to help cut through the options and clarify which programs best fit your needs.

Financial Resources
  • Kansas Department of Commerce - The Business Finance Unit of the Kansas Department of Commerce offers a variety of programs including job creation tax credits, investment tax credits, sales tax project exemptions, and revolving loans for local infrastructure.
  • NetWork Kansas - NetWork Kansas has resources to help at all stages of the business lifecycle, from startup to succession management, and everything in between – including funding. The organization offers an array of gap financing assistance to provide the last amount of capital a business needs to start and grow.
  • Property Tax Abatement Assistance - Assistance is provided to businesses and governmental entities applying for property tax abatement. Division staff liaisons with the Board of Tax Appeals (BOTA) provide technical assistance on the application process, and run a complimentary cost benefit analysis to ensure a BOTA response within 30 days.
  • Public Activity Bonds - Qualified Private Activity Bonds (PABs) are federally tax-exempt bonds.
Infrastructure Improvements
  • Kansas Partnership Fund - The Partnership Fund program provides loans to Kansas cities or counties for infrastructure improvements directly related to specific business projects creating new jobs and capital investment.
Workforce Training Funds
  • High Performance Incentive Program - This program provides tax incentives to eligible employers that pay above-average wages and are committed to skills development for their workers. Eligible companies may receive sales tax exemption and corporate income tax credit up to 10% of their investment as well as credit for training expenditures..
  • Kansas Industrial Retraining Program (KIR) - The KIR job retention program provides grants to restructuring companies whose employees are likely to be displaced due to obsolete or inadequate job skills or knowledge. This program assists restructuring companies wanting to retrain their employees. At least one existing employee must be trained to qualify for assistance.
  • Kansas Industrial Training Program (KIT) - The KIT program provides funds to help new and expanding companies train workers for new jobs. Primary firms receiving assistance are manufacturing, distribution and regional or national service firms adding five or more new jobs.
  • Registered Apprenticeship - The Registered Apprenticeship program is designed to provide employers with a skilled workforce while training existing workers in the latest technologies without loss of production time.
County Incentives
  • Tax Abatements - Miami County has adopted a formal policy regarding tax abatements granted within the county for projects outside of a city. Abatements may exempt a project from all, or a portion, of ad valorem taxes due on buildings, land, and improvements. To qualify, companies must be involved in manufacturing, conducting research and development, or storing goods or commodities which are sold or traded in interstate commerce. Additions to, or expansions of, existing businesses qualify for the property tax exemption if new jobs are created as a result of such activity. Factors to be considered in awarding an abatement are:
    • Amount of capital investment
    • Number of employees
    • Amount of wage
    • A cost benefit analysis
Quick Links
Financing Options
Angel Investors
Development Incentives
Workforce Training
Business Planning
Importing and Exporting
Technical Assistance and Development
Site Location Assistance
Technology and Technology Training
Workforce Training
Workforce Recruitment
  • Industrial Revenue Bonds (IRBs) - Up to 100% of a business' land, buildings, and equipment can be financed with IRBs provided the cost of bond insurance is covered by the project. IRBs may be issued for manufacturing facilities, facilities owned by 501(c) corporations, and low-income multifamily housing projects. They are securities issued by the county to provide the funds for credit-worthy companies to purchase land, pay the cost of constructing and equipping new facilities or purchase, remodel, or expand existing facilities. A limited amount of other developmental and financing activities, such as engineering, architectural, legal, and bond underwriting may also be financed from bond proceeds. 

    When industrial revenue bonds are issued as financing for a particular facility or for personal property, the county holds legal title to the facility or personal property while the bonds are outstanding and the facility is exempt from property taxation for that period, up to 10 years. In lieu of tax, payments are often required during this time period by the county.
  • MicroLoan Fund - Miami County has created aMicroloan Fund. These loans are available for real or personal property purchase, renovation projects and inventory expansion. Start-up businesses and expanding businesses are eligible. For more information about these programs please call the Economic Development Office at (913) 294-4045.

Local Incentives

  • Four of the county’s five communities have formally adopted local incentive programs. To obtain the most recent information about their programs, contact your community of interest directly.

Demographic Information & Regional Statistics

  • Bureau of Economic Analysis - The Bureau of Economic Analysis (BEA) promotes a better understanding of the U.S. economy by providing the most timely, relevant, and accurate economic accounts data in an objective and cost-effective manner.
  • Bureau of Labor Statistics - The Bureau of Labor Statistics (BLS) is the principal fact-finding agency for the Federal Government in the broad field of labor economics and statistics. The BLS is an independent national statistical agency that collects, processes, analyzes, and disseminates essential statistical data to the American public, the U.S. Congress, other federal agencies, state and local governments, business, and labor. The BLS also serves as a statistical resource to the Department of Labor.
  • FedStats - This site provides access to the full range of official statistical information produced by the federal government. With convenient searching and linking capabilities to more than 100 agencies, FedStats is one location for access to the full breadth of federal statistical information.
  • Institute for Policy and Social Research - A source of statewide data, the Institute for Policy and Social Research offers custom economic impact studies and regional research.
  • Kansas Labor Market Information - The state’s Labor Market Information Services provides data on the region’s workforce and workplace climate.
  • Kansas Agricultural Statistics - The USDA's National Agricultural Statistics Service (NASS) conducts hundreds of surveys every year and prepares reports covering virtually every aspect of U.S. agriculture. A few examples are: production and supplies of food and fiber, prices paid and received by farmers, farm labor and wages, farm finances, chemical use, and changes in the demographics of U.S. producers.
  • U.S. Census Bureau - The Census Bureau serves as the leading source of quality data about the nation's people and its economy.

Business Development Assistance

  • Certified Development Companies - These nonprofit groups assist businesses by developing loan packages that meet the financial need of a project. These packages often contain more than one source of project funding, thus providing the small business customer with the best combination of rates and terms possible.
  • First Stop Clearinghouse - Serves as a link between business owners and resources available through state government and provides a central point of contact to streamline the business-startup process. A NetWork Kansas referral coordinator will connect you with resources within the state that are involved in all aspects of starting a business, including legal structure, employment, taxes, licensing, and some federal requirements.
  • Kansas Business Center - Provides information and links for Kansas businesses, and allows you to complete some filings and registrations online.
  • Kansas Department of Commerce - The Kansas Department of Commerce offers a variety of options to help new and expanding businesses, ranging from direct financial assistance to technical and educational support. The department also helps entrepreneurs meet licensing requirements, works with clients to identify incentives appropriate for business expansion, and helps assess communities from a business perspective.
  • Kansas Department of Revenue - The state office responsible for tax registrations, licensing, property valuation, sales tax, and exemptions.
  • Kansas Secretary of State - Corporations in Kansas are able to file and search their official corporate documents on line.
  • Kansas Small Business Development Center - Works to increase economic prosperity in Kansas by helping entrepreneurs and small business owners start and grow their businesses through professional consulting, training, and resources.
  • KCSourceLink - A network of 140 nonprofit resource organizations that provide business-building services for small businesses, KCSourceLink helps link these resource organizations to one another and to established, emerging and startup small businesses throughout the region. Assistance is provided in four main areas: technical, education, financial, and marketing.
  • SCORE - Volunteers for Score are real-world professionals with time-tested knowledge who donate thousands of hours to help small businesses succeed. Counselors are experts in areas such as accounting, finance, marketing, management and business plan preparation.
  • U.S. Small Business Administration (SBA) - Created to aid, counsel, assist, and protect the interests of small business concerns, to preserve free competitive enterprise, and to maintain and strengthen the nation’s overall economy, the SBA helps Americans start, build, and grow businesses. They have an online portal for businesses looking for an SBA lender, SBA LINC. Information is entered once then shared with multiple banks who respond to applicants within two business days. 

Chambers of Commerce