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MS SB2025
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 six counties: Humphreys, Madison, Sharkey, Sunflower, Washington, and Yazoo
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Creates a planning council partnership with multiple entities including the Department of Finance and Administration's Office of Surplus Property, county boards of supervisors, and regional economic development organizations
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Provides incubator services including shared office space, utilities, equipment, reduced rents, technical and business personnel access, building security, janitorial services, and management assistance
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Authorizes the establishment of one business incubator in each of the six participating counties, with locations determined by the Mississippi Development Authority in consultation with partner entities
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Effective date of July 1, 2023
Legislative Description
West Central Mississippi Incubator Grant Program; establish with county governments, DFA and local development districts.
Last Action
Died In Committee
1/31/2023