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