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Stone County Economic Development Partnership
PO Box 569 | 115 Hatten Avenue E.
Wiggins, MS 39577
601.928.5418 o | 601.928.6469 f
scedp@stonecounty.com
CONTACT US  (601) 928-5418  |  .(JavaScript must be enabled to view this email address)

LOOKING FORWARD TO A NEW NORMAL

A Message From The Director

 

The Mississippi legislature reached agreement on Wednesday, May 13, to create a grant program for small businesses impacted by the coronavirus pandemic. This program allocates $300 million of the federally allocated $1.25 billion from the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to be split into two programs: (Information provided by MEC)

$60 million to provide $2,000 grants to small businesses that were forced to close in response to the pandemic. 
$240 million will be appropriated for aid to small businesses. Companies that have not received aid from the federal Paycheck Protection Program (PPP) will have first priority. Eligible businesses could receive grants ranging from $1,500 to $25,000.

Please review the linked - Mississippi COVID-19 Relief Payment Fund (DOR) & 2020 COVID-19 Mississippi Business Assistance Act - Back to Business Mississippi Grant Program (MDA) information sheet compiled by Mississippi Economic Council. Here is a link to review the entire bill – SB 2772.

The program will be managed through the Mississippi Development Authority. MDA is in the process of finalizing all necessary information for businesses to begin the application process. Please let us know if we might assist in the grant process. We will send additional information out as soon as we receive it from MDA.  As of today, May 26, the applications are not available.  The Governor and his associates continue to work on the details. 

We value our partnership and are trying to provide the latest information as it becomes available.  Thank you for being a member.

 

Betsy M. Rowell

 

COVID-19 Guidelines for Opening America

 

Small Business Guidance & Loan Resources

Paycheck Protection Program

Paycheck Protection Program Application Form

Small Business PPP Information Sheet - Borrower

This information is subject to to change.  If you have questions, please contact your Financial Institution.

 

 

 

 

 




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GET IN TOUCH:
(601) 928-5418


ABOUT US

SITE SELECTION

REGIONAL DATA

QUALITY OF LIFE

RESOURCES

 

GET IN TOUCH:
(601) 928-5246