Industrial Development Authority of Lewis County

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.

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

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

• Economic development authority
• Loan guarantee program
• Business financial assistance
• Industrial development financing
• Infrastructure funding support

Headquarters

HQ city

Monticello

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. 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.
2. 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

Go-to-market motion1 record

Distribution channels2 records

Marketing channels1 record

Core 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

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eight partnerships are on record, tiered core and minor.

• Bank of MonticellocoreChannel Partner/ Reseller/ DistributorPartner financial institution for administering loan guarantees to qualified applicants for business expansion and attraction. Located in Monticello, Missouri.
• Town & Country Bank MidwestcoreChannel Partner/ Reseller/ DistributorPartner financial institution for administering loan guarantees to qualified applicants for business expansion and attraction.
• Peoples Bank of WyacondacoreChannel Partner/ Reseller/ DistributorPartner financial institution for administering loan guarantees to qualified applicants for business expansion and attraction. Phone: (660) 213-3227.
• United State BankcoreChannel Partner/ Reseller/ DistributorPartner financial institution for administering loan guarantees to qualified applicants for business expansion and attraction.
• Town & Country Bank of MOcoreChannel Partner/ Reseller/ DistributorPartner financial institution for administering loan guarantees to qualified applicants for business expansion and attraction.
• Canton State BankcoreChannel Partner/ Reseller/ DistributorPartner financial institution for administering loan guarantees to qualified applicants for business expansion and attraction.
• Small Business AdministrationminorStrategic or Co-development PartnerReferral 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 CooperativeminorStrategic or Co-development PartnerProvides 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

Broad 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

• LinkedInlinkedin.com/company/industrial-development-authority-for-lewis-county-missouri

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&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