Industrial Development Authority of Lewis County
The Lewis County Industrial Development Authority is a county-level government entity in northeast Missouri that promotes economic development by administering loan guarantees through six partner banks and assisting local entities with state and federal infrastructure funding applications. It is funded primarily by a voter-authorized landfill tipping fee.
- Company typePrivate
- Founded1991
- HeadquartersMonticello, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Industrial Development Authority of Lewis County does
The Lewis County Industrial Development Authority (Lewis County IDA) is a county-level government entity established in 1991 and formally approved as an IDA on February 20, 1992, to promote economic growth in Lewis County, Missouri. The organization is governed by a nine-person board of directors appointed by the Lewis County Commission and operates from a single office in Monticello, Missouri. Its mission centers on creating long-lasting jobs, assisting existing employers, encouraging new employers (both internal and external to the county), capturing local consumer spending, and supporting infrastructure and recreational/cultural improvements.
The IDA's core service is a loan guarantee program administered through six partner financial institutions — Bank of Monticello, Town & Country Bank Midwest, Peoples Bank of Wyaconda, United State Bank, Town & Country Bank of MO, and Canton State Bank — supporting business expansion and attraction. Supplemental services include assistance with state and federal funding applications for infrastructure improvements and guidance on local building requirements. The organization does not operate a proprietary technology platform; its service delivery is relationship-driven through direct office, phone, and email contact, supplemented by a basic informational website.
The IDA's primary funding mechanism is a $1.50 per ton tipping fee on materials deposited in the Eastern Lewis County landfill, authorized by Missouri General Assembly legislation in 1993 and ratified by county voters. Loan guarantee terms are not publicly disclosed and are negotiated case-by-case. The organization also maintains referral relationships with the Small Business Administration, USDA Rural Development, and Missouri Rural Electric Cooperative to extend business support services. No employee count is publicly disclosed beyond the appointed board and an Executive Director who oversees daily operations.
Industrial Development Authority of Lewis County firmographics
Firmographics- Name
- Industrial Development Authority of Lewis County
- Legal name
- Lewis County Industrial Development Authority
- Website
- https://lewiscountyida.org
- Company type
- Private
- Founded year
- 1991
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- The Lewis County Industrial Development Authority is a county-level government entity in northeast Missouri that promotes economic development by administering loan guarantees through six partner banks and assisting local entities with state and federal infrastructure funding applications. It is funded primarily by a voter-authorized landfill tipping fee.
- Ownership category
- akta.pro rank
Industrial Development Authority of Lewis County industry classification
Industry- Product category
- Economic Development Authority Services
- NAICS
- Administration of General Economic Programs (92611)
- SIC
- Services-Facilities Support Management Services (8744)
- akta.pro primary industry
- Economic Development & Business Licensing (Local) (BPAIACAN)
Keywords
Where Industrial Development Authority of Lewis County is headquartered
LocationHeadquarters
- HQ city
- Monticello
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Industrial Development Authority of Lewis County business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Landfill Tipping Fee Revenue: The primary revenue source is a $1.50 per ton tipping fee collected on materials deposited into the landfill in Eastern Lewis County. This fee was authorized by legislation passed by the Missouri General Assembly in 1993 and approved by citizens of Lewis County at the polls.
- Loan Guarantee Administration: The IDA administers loan guarantees with lending institutions for qualified applicants seeking business expansion. The service supports both existing business expansion and attraction of new businesses to the county.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Loan Guarantee Program |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels1 record
Industrial Development Authority of Lewis County product offering
Product offeringCore offering
The Lewis County Industrial Development Authority is a county-level public-purpose economic development authority that provides loan guarantees to existing and new businesses in Lewis County, Missouri, administered through six partner financial institutions. It also assists with state and federal funding applications for infrastructure improvements and local building requirements. The IDA is funded primarily through a $1.50 per ton landfill tipping fee authorized by Missouri legislation and approved by county voters in 1993.
Product overview
The Lewis County Industrial Development Authority offers a single integrated economic development service focused on financial assistance for county businesses and industry. The core offering is a loan guarantee program administered through partnered financial institutions, supplemented by infrastructure improvement assistance and state/federal funding application support. No modular product architecture or separate branded products are offered; all services are delivered through the IDA's central office.
Differentiator
Problem solved
Functional benefit
Products and services
- Loan Guarantee Financial Assistance Program
Companies that use Industrial Development Authority of Lewis County
Customer profileSegments2 records
Ideal customer profiles2 records
Industrial Development Authority of Lewis County technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Industrial Development Authority of Lewis County partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- Bank of MonticellocorePartner financial institution for administering loan guarantees to qualified applicants for business expansion and attraction. Located in Monticello, Missouri.
- Town & Country Bank MidwestcorePartner financial institution for administering loan guarantees to qualified applicants for business expansion and attraction.
- Peoples Bank of WyacondacorePartner financial institution for administering loan guarantees to qualified applicants for business expansion and attraction. Phone: (660) 213-3227.
- United State BankcorePartner financial institution for administering loan guarantees to qualified applicants for business expansion and attraction.
- Town & Country Bank of MOcorePartner financial institution for administering loan guarantees to qualified applicants for business expansion and attraction.
- Canton State BankcorePartner financial institution for administering loan guarantees to qualified applicants for business expansion and attraction.
- Small Business AdministrationminorReferral resource for businesses seeking information on how to set up and write a business plan. SBA provides business planning resources available at www.sba.gov/smallbusinessplanner/plan/index.html
- Missouri Rural Electric CooperativeminorProvides economic development services including low interest loans for rural utilities. Referenced as a resource for businesses. Contact: Lewis County Rural Electric Cooperative at 1-888-454-4485.
Scale indicators5 records
Recent moves8 records
Expansion highlights3 records
Industrial Development Authority of Lewis County competitors and assessment
Company assessmentBroad incumbents
- USDA Rural Development: Federal agency delivering housing, business, utility, and community program funding in rural areas. It is an explicit partner of the Lewis County IDA, providing capital programs that the IDA connects local businesses to, and a broader incumbent in the same rural economic development space.
- Missouri Partnership: Missouri's statewide public-private economic development marketing organization that promotes the state to prospective employers. It operates one tier above county IDAs in the marketing funnel and is comparable as a Missouri-focused economic development entity.
- Missouri Department of Economic Development: The state-level agency administering Missouri's economic development, business finance, and workforce programs. It is a broader incumbent operating statewide with overlapping economic development and incentive functions, but at much larger scale than the county-level Lewis County IDA.
- U.S. Small Business Administration: Federal agency providing small business financing, planning resources, and loan guarantee programs. It is named by the Lewis County IDA as a referral resource and operates the same fundamental economic development mission at national scale.
Others
- Missouri Chamber of Commerce and Industry: Statewide business advocacy organization representing Missouri employers. It is comparable as a business ecosystem actor that engages with local economic development authorities on policy, workforce, and competitiveness issues affecting counties like Lewis County.
- Center for Rural Entrepreneurship: National nonprofit that helps rural communities build entrepreneurial ecosystems. It shares the Lewis County IDA's emphasis on rural economic vitality and serves as a peer in the rural economic development knowledge and capacity-building ecosystem.
- Edward Lowe Foundation: Nonprofit focused on entrepreneurship and second-stage business growth in rural communities. It is thematically comparable to the Lewis County IDA's mission of supporting small business expansion and job creation in rural settings.
Direct peers
- Clark County Industrial Development Authority: Adjacent county-level IDA in northeast Missouri, comparable in scope and rural operating context. It executes the same county economic development mandate as the Lewis County IDA, including business retention, expansion, and attraction efforts.
- Marion County Industrial Development Authority: County-level IDA in Hannibal, Missouri operating in the same northeast Missouri region as Lewis County. It performs an essentially identical function (loan guarantee administration and economic development support) at the county level, making it the closest direct peer in the immediate geographic market.
Regional players
- Northeast Missouri Regional Planning Commission: Regional planning and economic development body covering multiple northeast Missouri counties. It is comparable as a regional layer of economic and community development infrastructure serving the same set of rural counties as the Lewis County IDA.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Industrial Development Authority of Lewis County social profiles
Digital presenceIndustrial Development Authority of Lewis County financial estimates
Financial estimateRevenue estimate
Valuation estimate
Industrial Development Authority of Lewis County leadership team
Management profileNumber of profiles
Profiles9 records
Industrial Development Authority of Lewis County funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Industrial Development Authority of Lewis County M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Industrial Development Authority of Lewis County
What does Industrial Development Authority of Lewis County do?
The Lewis County Industrial Development Authority is a county-level public-purpose economic development authority that provides loan guarantees to existing and new businesses in Lewis County, Missouri, administered through six partner financial institutions. It also assists with state and federal funding applications for infrastructure improvements and local building requirements. The IDA is funded primarily through a $1.50 per ton landfill tipping fee authorized by Missouri legislation and approved by county voters in 1993.
Is Industrial Development Authority of Lewis County a public or private company?
Industrial Development Authority of Lewis County is a private company. It is classified as state government owned and is currently operating.
When was Industrial Development Authority of Lewis County founded?
Industrial Development Authority of Lewis County was founded in 1991. It employs 1 to 10 people.
Where is Industrial Development Authority of Lewis County based?
Industrial Development Authority of Lewis County is headquartered in Monticello, United States, in the North America region.
How does Industrial Development Authority of Lewis County make money?
Two revenue lines are on record. Landfill Tipping Fee Revenue is the primary driver. The others are loan Guarantee Administration.
Who are Industrial Development Authority of Lewis County's main competitors?
Broad incumbents on record are USDA Rural Development, Missouri Partnership, Missouri Department of Economic Development and U.S. Small Business Administration. Others are Missouri Chamber of Commerce and Industry, Center for Rural Entrepreneurship and Edward Lowe Foundation. Direct peers are Clark County Industrial Development Authority and Marion County Industrial Development Authority. Northeast Missouri Regional Planning Commission is listed as a regional player.
Does Industrial Development Authority of Lewis County have an API?
No public API is recorded for Industrial Development Authority of Lewis County.
What industry is Industrial Development Authority of Lewis County in?
Industrial Development Authority of Lewis County's product category is Economic Development Authority Services. Its primary akta.pro industry code is BPAIACAN, Economic Development & Business Licensing (Local). Its NAICS code is 92611 and its SIC code is 8744.