The incubator, which connects industry and academics will be built in downtown Gladstone.
Students will have the opportunity to gain hands-on experience through research.
Leaders say this type of structure will help those interested in starting a business.
The campus will house the district's gifted program, CAPS.
The center will also allow students to earn college credits for Maple Woods and Northwest Missouri State University .
Construction of the two new buildings is to be completed in about a year, allowing the district to move into its space before the 2015-16 school year.