Mississippi Small Business Grants
The first on the list is Mississippi Small Business Grants, which is appropriate for the people living in a similar location.
Running a small or large business may be rather difficult to get the funds you need. As a result, this award can assist residents of Mississippi.
The ultimate purpose of this grant is to stimulate the economy by creating new employment and assisting small and medium-sized enterprises.
Furthermore, the financing opportunity comes with conditions that every applicant must meet.
Also, the Mississippi Small Business Grants program provides the bulk of financing to Mississippis new and established businesses and organizations.
As a result, competition is high, and grants are unavailable to every firm.
However, this is an excellent option for developing business owners who are just getting started. The award gives financial assistance to new business owners ready to begin operations.
For more information, visit
Learn About Contracting Opportunities And Growing Your Small Business
Are you a minority and or woman-owned business owner who wants to learn about contracting opportunities and growing your small business? Our online business registry gets you connected and all you have to do is list your business in the Mississippi Minority Business Registry to get started.
Your business does not have to be certified to register and registering does not certify your business as a minority and or woman-owned business enterprise.
How will registering help my minority or women-owned small business?
This is a valuable tool for state agencies and institutions of higher learning to use when searching for vendors and suppliers. Your information will be readily available and easy to find.
Networking made easy
It provides a convenient way for minority and women-owned businesses to connect and find each other.No certification necessary
Your business does not have to be certified to register.
What Will A Digital Advisor Do For Me
As a trusted partner of the CDAP program, your digital advisor brings wealth of knowledge and experience in driving digital advancement. You will work together to identify a pain point or area of improvement, perform a needs analysis and develop a roadmap for the way forward.
- Eligibility assessment and application support
- Current state analysis and recommended approaches
- Strategy and roadmap development
You May Like: Us Department Of Education Grants
National Association For The Self
NASE members are eligible to apply every month for up to $4,000 in grants for their small businesses, and they are also eligible for an annual scholarship of $3,000 for their dependents that pays for college tuition. All applications from eligible entities are reviewed quarterly to award them. Grants are awarded all year round.
Additional Resources For Mississippi Small Businesses
Want more help for your small business? A great place to start is with the State of Mississippis small business website: Yall Business. Youll find numerous business resources including a detailed list of associations and organizations that work with entrepreneurs.
It also publishes resources for businesses impacted by the Covid-19 pandemic, including CARES Act programs such as PPP and Economic Injury Disaster Loans. Though those programs are now closed to new applications, you may find information about new initiatives available to business owners in the state.
The Mississippi Small Business Development Center offers free one-on-one counseling, training events, business services, and funding assistance to in-state small businesses. They will also help you with free cybersecurity training. And SCORE mentors offer free business mentoring.
If you are a woman or minority business owner in Mississippi, and are looking for loans, grant programs, or business certifications then you will want to check out Mighty Mississippi, published by the Mississippi Development Authority. Youll find information about certifications, technical assistance and education programs.
Find Funding Fast
Leave a Reply
Read Also: Grants For Daycare In Florida
Deadline To Apply For Small Business Grants Is Sept 15
Funds are still available for small business grants available from the state of Mississippi. The deadline is Sept. 15, 2020 to apply for access these funds.
Here is an update on how to see if you can benefit from this relief.For both of these types of assistance, businesses must have 50 or fewer employees, have filed their 2018 or 2019 state taxes, and meet other eligibility criteria as described in the link below.
- Direct Payment of $2,000: The Mississippi Department of Revenue is still distributing $2,000 payments directly to eligible businesses with less than 50 employees. The types of eligible businesses was just expanded this week. The Department has already begin distributing these payments as paper checks through the mail. Small businesses must be in one of the following NCAIS code categories: 311811, 4421, 4422, 4481, 4482, 4483, 4511, 4512, 4531, 4532, 4533, 4539, 487210, 5121, 6116, 6244, 7111, 7112, 7113, 7131, 7139, 7223, 7224, 7225 or 8121. To see if you are eligible, please see this summary from the Department of Revenue or email
- Grants up to $25,000: The Mississippi Back to Business program, which makes small business grants available for which small business may apply, still has funds available. Businesses can apply directly at backtobusinessms.org.
To expand the amount of relief available to Mississippi businesses, some important changes have been made to the program:
Emergency Small Business Grants
- Lawmakers appropriated $60 million for “automatic” grants of $2,000 each, no application necessary, administered by Department of Revenue.
- Initially, more than 29,000 shops of various categories temporarily shuttered by statewide shutdowns would be eligible. Lawmakers expanded this to potentially add thousands more businesses.
- Grants approved: 16,617, for a total of $33 million. This means that $27 million of the appropriated funding went unspent.
Statewide news delivered to your inbox daily
- Of the initial list, the Department of Revenue reported about 25% of businesses had not paid state taxes in a timely manner, a prerequisite for the program.
The business grants did help thousands of small businesses, eventually. Legislative leaders said they were in uncharted water with the program, and under an extremely tight deadline imposed by Congress to spend the money. Other problems included thousands of businesses not having paid their state taxes in a timely fashion a perennial problem in Mississippi. And the Mississippi Development Authority, which administered the largest grant program, asked to be allowed to increase administrative spending for it from $900,000 to $3.6 million to get it moving more quickly and smoothly. Lawmakers denied this request.
READ MORE: Former DOR director: Mississippi is losing tens of millions in uncollected business taxes each year
Don’t Miss: Settlement After Summary Judgment Granted
How A Small Business Loan Can Help Your Mississippi Small Business
You probably already have an idea of how financing could help your small business. Perhaps you want to:
- Hire more staff
- Rent office space
- Start exporting
And even if you dont have a plan for your small business loan yet, it can be a good idea to have capital on hand for opportunities that arise. Luckily there are many different finance options out there to meet your small business needs.
City To Offer Business Grants Workforce Projects
Posted on June 9, 2022
FOR IMMEDIATE RELEASE
Business grants, workforce projects available through the City of Jacksons Office of Economic Development
The City of Jacksons Office of Economic Development is proud to announce the re-launch of the CDBG Special Economic Development-related grant programs. These programs include the Small Business Resiliency & Safe Practices grant which will provide funding to businesses up to $30,000 to ensure safe operation and sustainability. This is an attempt to mitigate the economic disruptions resulting from COVID-19. The online application opens
Since the pandemic, the Office of Economic Development has focused on small business development, workforce training, local tourism and retail recruitment/retention. Staff have created several programs, partnerships and projects that will positively impact the citizens of Jackson.
Forthcoming projects, such as the Pathways to Human Dignity Workforce Development opportunity and the Creativepreneur-based Incubator, both funded by W.K. Kellogg, will reach directly to employees, potential entrepreneurs and creatives. These initiatives are ideal for people looking for upwardly mobile career pathways or those wanting to learn methods to monetize their current skill set. These initiatives are scheduled to roll out starting in the Fall of 2022. The City is now looking for Community-Based Organizations with the capacity to deliver these types of training.
Also Check: How Much Does Pell Grant Cover
Mississippi Legislature Creates Small Business Grant Program
COVID-19 Relief Payment Fund $60 million in $2,000 grants to small businesses that were forced to close in response to the pandemic.
- $2,000 direct payments to qualifying businesses that were subject to a COVID-19 business closure requirement
- No application required
- For small businesses with no more than 50 employees and are not a subsidiary of a larger company with more than 50 employees
- Businesses that fall within several NAICS codes are eligible, including but not limited to: retail, barber/beauty salons, restaurants, movie theaters, golf courses, marinas, gyms
- Must have been in business before March 1, 2020 and filed taxes in 2018 or 2019 unless created since January 1
Back to Business Mississippi Grant Fund $240 million
- Insurance agents contact information and policy number
- Most recent federal tax return
- 2019 year-end profit and loss statement
- Monthly break-down of sales and expense figures
Amber Grants For Women
It is relatively easy to find a variety of websites on the Internet that offer grants for women-owned businesses by searching for grants for female entrepreneurs on Google. You probably already know how jam-packed the Internet is with scams and confusing government websites , as everyone is aware of the problem. Many forms and applications require information about your personal and financial information.
There is a chance that you might be able to find funding for your new business venture through the WomensNet website. Although the process will take some time and effort to complete, it is worth your while. It is a great resource for business owners looking to take their company to the next level, and this site can help them. Women looking for grants to help realize their business dreams can get a lot of help from Amber Grants.
Women-owned or operated businesses throughout the country have the opportunity to apply for this grant which is available for them. Now is the perfect time for you to apply for the $10,000 Amber Grant, which is offered every month, in the event you are interested in applying. Do not hesitate to do so if you are interested. Suppose you are chosen as one of their 12 monthly winners. In that case, you will automatically be able to apply for a grant of $25,000 if you meet the eligibility criteria if you are selected as one of their 12 monthly winners. Thus, a total of $35,000 can be awarded to the recipient through the grant over 12 months12 months.
Recommended Reading: Where To Apply For Grants
Patagonia Corporate Grants Program
With Patagonias Corporate Grants Program, nonprofit organizations striving to preserve and protect the environment can apply for a small-business grant that will help them preserve and protect that environment. To attract new customers, the retailer looks for innovative business companies with quantifiable plans and goals that include clear actions, objectives, and action plans for their proposed projects. It is typical for nonprofit organizations to receive grants from $5,000 to $20,000.
What Is The Program
Mississippi Development Authority is now accepting applications for the Back To Business Mississippi Grant Program signed into law by Governor Tate Reeves. The grants will be used to help businesses in Mississippi with 50 or fewer employees recover from the economic impact of COVID-19, including operating expenses and salaries.
Read Also: Government Grants For Air Conditioning
Tarrant County Small Business Workforce Recovery Grant Program
Tarrant County, Texas is launching a $25 million Small Business Workforce Recovery Grant Program. Funded by federal relief dollars, the program supports local businesses affected by the pandemic. Specifically, companies can use funds for workforce recovery, retention, recruitment, and training. To qualify, county businesses must have employed 50 or fewer employees during the First Quarter of 2020. The maximum grant amount is $27,500, with final awards based on need and number of employees. The application period starts July 11 and ends August 31, or until funds have been distributed.
State Trade Expansion Program
Small businesses can use STEP grants to cover costs associated with starting or expanding into international markets through funding from the SBA. Depending on your state, you will be able to access funding amounts and eligibility criteria for these government small-business grants. You may be able to use these funds to participate in export trade shows, design international marketing products, support website globalization, and many other business-related activities.
Read Also: Entry Level Grant Writing Jobs
Youre Our First Priorityevery Time
We believe everyone should be able to make financial decisions with confidence. And while our site doesnt feature every company or financial product available on the market, were proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward and free.
So how do we make money? Our partners compensate us. This may influence which products we review and write about , but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. Our partners cannot pay us to guarantee favorable reviews of their products or services.Here is a list of our partners.
Rural Business Development Grants In Mississippi
The rural Business Development Grant is another helpful grant that assists the rural community in developing their economy.
Aside from giving funding, the grant also aims to provide technical help and training.
However, assistance is only given to businesses with less than 50 employees, and the companys gross revenue should not increase more than $1,000,000.
The organization establishes certain limits under which funding must only be used on small and developing enterprises. The grants can also use for providing various fields of technical assistance.
These technical fields include business consultancy, training, market research, feasibility studies, technology reports, and service improvement.
To increase your chances of getting selected, an applicant must show evidence of the job creation.
Moreover, the government will also grant you funds if you are ready to develop your business in an economically backward area.
For more information, you can visit .
Read Also: Red Lion Inn & Suites Grants Pass
Business Grants In Mississippi List Of Best Business Grant
One can obtain these grants from various sources, including the federal government, state or municipal governments, and private donations.
While free money appeals to most people, it isnt easy to obtain. Furthermore, a person requesting a grant must meet the grant givers objectives.
The important point to remember here is that one should examine various grant choices before applying for one.
The funding organizations will publish their guidelines, which all applicants should carefully review. Because the application procedure might be lengthy, you should avoid applying for grant programs if you are unlikely to be accepted.
I Need To Execute On My Plan
The goal of this initiative is to develop a digital strategy and prepare you for success. Our experts will focus on ensuring you understand what is required for execution and outline the steps to take to implement your strategy.
Our capabilities span from strategy development to implementation and customization. Should you wish to continue to partner with us outside of the CDAP engagement, we would hit the ground running to implement and optimize your desired solution.
Recommended Reading: First Time Home Buyer Grants Ohio
Grant To Help Mississippi Businesses Interested In International Trade
- Daily Journal reports
JACKSON The U.S. Small Business Administration has awarded the Mississippi Development Authority $600,000 for the State Trade Expansion Program to support Mississippi business interested in international trade.
This funding is instrumental for Mississippi businesses wanting to grow their business by increasing international trade opportunities, said MDA Deputy Director Laura Hipp.
The STEP funding will be used to support export development and trade endeavors for eligible small businesses. From 2019 to date, STEP funds awarded to Mississippi have assisted over 200 companies as they participated in state-led global business development missions, which have resulted in more than $77 million in actual and projected sales.
STEP allows MDA to provide financial and technical assistance to small- and medium-sized Mississippi companies interested in growing their businesses through trade. Administered by MDAs International Trade Office, the program reduces some of the financial obstacles qualifying businesses face when identifying export opportunities.
The program also helps offset certain costs related to taking part in trade missions and other international business development activities. It reimburses eligible businesses up to 50% of their travel costs, provides translation services at no cost, customized and pre-arranged business development appointments with prospective international qualified buyers, and transportation assistance.
Skip Small Business Grant Program
Deadline to apply: Applications accepted year-round Grant amount: $1KEligibility: Open to all small business owners and entrepreneurs Grant information: Since March of 2020, we have been donating our YouTube revenue back to individuals and small businesses. On the third Wednesday of every month, we award several $1K grants to help business owners power their passion. Apply: To learn more about our grant including how to get EXTRA entries read this short article. If you want to apply right away, here is our grant application page.
Also Check: Grants For Single White Females
Mississippi Government Grants 2022/2023
The U.S. government and Mississippi’s office of finance has set aside $8,305.00 million dollars in government grants and $7,642.00 million dollars in other types of federal financial assistance for residents who live in Mississippi. As long as you have a valid citizenship certificate or a permanent resident certificate, you could be eligible to apply and receive Mississippi federal grants.
Government funding in Mississippi is provided to different sectors, with the majority of the budget in business, education , housing, veteran, and personal grants.