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MS SB2200
Bill
AI Summary
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Establishes the West Central Mississippi Incubator Grant Program under the Mississippi Development Authority to grow new businesses and micro-enterprises in the region
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Creates a planning council partnership with the Department of Finance and Administration's Office of Surplus Property, Mississippi Association of Cooperatives, county boards of supervisors, and economic development organizations from six counties
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Provides business development services including shared office space, utilities, equipment, reduced rents, technical and business personnel access, and management assistance
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Authorizes establishment of one business incubator in each of six counties: Humphreys, Madison, Sharkey, Sunflower, Washington, and Yazoo
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Mississippi Development Authority will oversee the program and may enter contracts and receive funds from public and private sources for incubator operations
Legislative Description
West Central Mississippi Incubator Grant Program; establish with county governments, DFA and local development districts.
Last Action
Died In Committee
2/2/2021