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Find similar grantsState Small Business Credit Initiative (SSBCI) is sponsored by Mississippi Development Authority. Provides funding to support small business growth and job creation in Mississippi, including sustainable business practices.
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SSBCI Technical Assistance Program — Mississippi SBDC Network What is SSBCI Technical Assistance? The State Small Business Credit Initiative (SSBCI) Technical Assistance Program, managed by the Mississippi SBDC Network, supports the SSBCI in Mississippi.
This program provides technical assistance to small businesses and startups by offering a range of services, including legal and accounting assistance, training in financial management and guidance in the loan application processes. It focuses on preparing businesses to be credible loan applicants and enhancing their ability to operate successfully.
Mississippi CDFI Small Business Loan Fund The loan participation program, known as the Mississippi CDFI Small Business Loan Fund, has been allocated $45 million to provide funds in the form of a loan to non-depository community development financial institutions to support lending to Mississippi small businesses and startups.
This program aims to increase access to capital for small businesses in Mississippi and promote economic growth and job creation. Small Business Loan Guarantee Program The state allocated $15 million to the Small Business Loan Guarantee Program (SBLGP), which provides access to capital for small businesses by providing loan guaranties to banks and other small business lenders.
The SBLGP encourages lenders to make term loans or provide lines of credit to new or existing small businesses in a difficult credit environment to help with the development, expansion and retention of Mississippi’s small businesses. The InvestMS administered by Innovate Mississippi has been allocated $15 million to provide equity support to small businesses by investing in venture capital funds that support startups.
This program aims to attract and retain high-growth businesses in Mississippi by providing access to the capital they need to grow and create jobs. For more information on the Venture Capital Program, please visit InvestMS for Venture Funds . Direct Investment Program Innovate Mississippi also will be administering the InvestMS for Startups.
This initiative, with an allocation of $11 million, is focused on Pre-Seed, Seed and Series A stage startups. Larger deals can receive up to $3 million with an SSBCI match of up to $1 million, while the remaining funds are allocated for SSBCI deals with a match of up to $500,000.
It’s important to note that Mississippi’s SSBCI Direct Program will not serve as the lead investor and requires a lead investor’s participation in a funding round. For more information on the Direct Investment Program, please visit InvestMS for Startups . Need Assistance with SSBCI Programs?
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According to the current listing, eligibility includes: Small businesses in Mississippi. Confirm the full requirements in the official notice before applying.
State Small Business Credit Initiative (SSBCI) is funded by Mississippi Development Authority. Verify program details on the funder's official page before applying.
This opportunity targets applicants in Mississippi. If your organization operates elsewhere, check the official notice for location requirements.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
Cultural Heritage Grant Program (Mississippi Delta National Heritage Area) is sponsored by Mississippi Delta National Heritage Area (MDNHA) (with support from the National Park Service and the Mississippi Development Authority). This program aims to preserve, perpetuate, and celebrate the Mississippi Delta’s heritage by fostering collaboration that strengthens Delta communities and their economies. Grants help bring local stories to life, strengthen community identity, and enhance cultural heritage tourism throughout the region. Successful applications must align with one or more of MDNHA's five cultural heritage themes.
Mississippi Small Business Development Grant is a grant from the Mississippi Development Authority that funds economic development organizations and local governments to develop industrial sites across Mississippi. Ready Sites — publicly owned properties with at least 20 developable acres — are eligible for grants up to $50,000, while Premier Sites of 100+ acres with intermodal access qualify for up to $250,000. A minimum 50-50 match from other sources is required. Eligible activities include engineering and due diligence services, environmental assessments, utility expansion, road and rail infrastructure, and on-site demolition. Eligible applicants include counties, municipalities, and public or private nonprofit economic development entities.