
In an effort to take advantage of more business progression opportunities, Mississippi will invest about $17 million in site progression grants to expand more commercial sites in the state. Funding for the projects is obtained through the Mississippi Development Authority (MDA).
“Last year, we achieved a record number of new economic developments, and those grants will keep Mississippi’s momentum going,” said Governor Tate Reeves. “These long-term investments are designed to create ideal opportunities where corporations will locate ready-to-build locations on which to build, grow and expand. This is key to our strategy to create more and better paying jobs in local communities.
MDA is committing more than $16.9 million in Site Development Grant – Select Sites funding to the projects. Created in 2021, the Select Sites program was designed to increase the number of highly competitive industrial sites available to meet the needs of prospective companies.
The Strategic Development Group, in Greenville, South Carolina, has been contracted through the state’s electric utilities to benchmark 32 of its major public commercial sites. Of those sites, the next thirteen were invited to apply for investment for fast sites, based on availability. Investment:
“These sites provide opportunities for the foundation of Mississippi’s business infrastructure and demonstrate how attractive Mississippi continues to be to new and developing businesses,” said Bill Cork, executive director of MDA. “The Site Development Grant Program is a vital component of the developing portfolio of benefits that make Mississippi a wonderful position for business. “
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