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Republic designated as Enhanced Enterprise Zone

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The city of Republic has been approved as an Enhanced Enterprise Zone, making it eligible for state assistance to attract and retain jobs, according to a Missouri Department of Economic Development news release.

Businesses within a zone could be eligible for state tax credits. The state sets aside $7 million worth of tax credits annually for the program.

Enhanced enterprise zones are areas designated by local governments and certified by the DED based on demographics, potential to create sustainable jobs in a targeted industry and demonstrated impact on local cluster development.

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