The mission of Cape Girardeau Area MAGNET is to foster a strong economic environment resulting in the retention, expansion, creation and attraction of jobs and new investment in the area. MAGNET serves as the lead organization for area economic development efforts. The organization was established in 1992 as a 501(c)3 not-for-profit organization.
Cape Girardeau Area MAGNET is funded by the cities of Cape Girardeau, Jackson and Scott City, Cape Girardeau County and the Cape Girardeau Area Chamber of Commerce. MAGNET is led by a seven-member board of directors, which sets the direction and priorities for the organization.
Cape Girardeau Area MAGNET is an organization committed to meeting your needs for business development and expansion. Each project is unique; the MAGNET team understands that and will go the extra mile in exceeding your expectations.
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