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MAGNET Helps Create Jobs

Our region has worked hard over the years to bring in new businesses and keep the ones we have. All in an effort to help bring jobs. In fact, since 1992, an organization called Cape Girardeau Area MAGNET has led the way.

MAGNET is funded by Cape Girardeau County, the cities of Cape, Jackson and Scott City, and the Cape Chamber. These five entities came together to create a regional approach to business growth.

Statistics show that approximately 80% of our job growth comes from existing businesses. Through MAGNETs Business Retention and Expansion program we help these job creators navigate governmental issues, connect them with new potential employees or even help them expand.

But it’s really more than working with individual businesses, it’s identifying key trends that help shape strategic decisions in our region. For instance, after meeting with area logistics companies, we could see there was a shortage of Commercial Drivers Licenses, CDLs. Since that time, we’ve connected several people around this issue and continue to make progress toward decreasing this shortage. This is just a small example of how MAGNET is working to improve our region and pave the way for our existing businesses to create more jobs. 

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