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Creative Economy Program - Mississippi Development Authority

Creative Economy Program - Mississippi Development Authority 2025

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The Creative Economy Program Funding Opportunity Announcement, issued by the Mississippi Development Authority on November 8, 2012, outlines a grant program aimed at enhancing the creative economy in Mississippi. Grants of up to $10,000 are available for eligible applicants, including local governments and non-profits, to support projects that integrate creative activities into community growth plans. The program requires a 50% match from applicants and emphasizes timely project completion within twelve months. Eligible projects include training sessions, public art initiatives, and marketing efforts to promote local artisans. The announcement details application guidelines, review processes, and funding conditions.

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Who is the director of the Mississippi Development Authority?

Mississippi Development Authority Executive Director and Chief Economic Development Officer Bill Cork has been a leader in economic development and urban planning for more than 30 years and boasts extensive experience in the areas of industrial park development; port, airport and short line railroad leadership;

What does the Mississippi Development Authority do?

The agency works to recruit new business to the state, and retain and expand existing Mississippi industry and business. MDA also provides technical assistance to the states entrepreneurs and small businessmen and women and oversees programs that support Mississippis minority and women-owned businesses.

What is the Advantage Jobs incentive program in Mississippi?

The Advantage Jobs Program provides for a rebate of a percentage of Mississippi payroll to qualified employers for a period of up to 10 years. The average of all new jobs being created by the new or expanding business must meet the programs minimum average wage requirements.

What is the site development grant program in Mississippi?

The Site Development Grant Program assists economic development organizations or local governments in Mississippi in developing more available green field sites for industrial development.

What did the Area Redevelopment Act do?

The Area Redevelopment Act, a $394 million spending package passed in 1961, followed a strategy of investing in the private sector to stimulate new job creation. It specifically targeted businesses in urban and rural depressed areas and authorized $4.5 million annually over four years for vocational training programs.

What is the Mississippi Economic Redevelopment Act?

The Mississippi Economic Redevelopment Act provides for sales, income, and franchise taxes paid by the business entities operating on the redeveloped property to be distributed to the developer to defray remediation costs. used, invested, or employed by the approved business enterprise in a redevelopment project area.

What is the Mississippi Flexible Tax Incentive Act?

MFLEX, or Mississippi Flexible Tax Incentive, is a streamlined tax incentive program designed to simplify the application process for all statutory incentives into a single procedure. However, it requires an annual report of investment numbers to maintain eligibility.

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Creative Economy Program - Mississippi Development Authority 2025

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Got questions?

Who is the director of the Mississippi Development Authority?

What does the Mississippi Development Authority do?

What is the Advantage Jobs incentive program in Mississippi?

What is the site development grant program in Mississippi?

What did the Area Redevelopment Act do?

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