Main Local Economy Information in Mississippi
Mississippi's economy is primarily driven by agriculture, manufacturing, and gambling industries, with significant contributions from healthcare and education sectors. Agriculture focuses largely on cotton, soybeans, and poultry.
Your Mississippi and Local Small Business Funding Guide
Mississippi provides a range of financial incentives such as tax credits, grant programs for agricultural and manufacturing sectors, and specialized funding options for healthcare-related businesses.
Small Businesses in Mississippi
Small businesses in Mississippi benefit from the state's rich agricultural heritage and the growth of the service sector. The state supports small enterprises with economic development tools and access to capital.
Documents Needed to Get a Small Business Loan in Mississippi
- Comprehensive business plan
- Financial statements and cash flow projections
- Tax returns for both the business and its owners
- Proof of business registration and licensing in Mississippi
- Credit reports for business and personal
Mississippi Department of Commerce: Key Functions and Contact Information
Website URL: Mississippi Development Authority
Phone: [601-359-3449]
Address: 501 North West Street, Jackson, MS 39201
Local Resources in Mississippi
The Mississippi Small Business Development Center (SBDC) offers consulting, business planning, and financial advice to help small businesses grow and succeed.
How to be Successful with Business Funding in Mississippi
Leverage the state's strong support for agriculture and manufacturing through targeted funding programs. Engaging with local development centers and participating in state initiatives can increase chances of funding success.
SBA Resources in Mississippi
The SBA provides numerous programs tailored to Mississippi's economic environment, including loan guarantees, disaster assistance, and training for entrepreneurs.