JACKSON — The Economic Development Administration (EDA) has awarded a $58,500 grant to the Mississippi Development Authority (MDA) to provide technical assistance to existing and developing small businesses located in the Mississippi Delta, Southwest Mississippi and Mississippi Gulf Coast.
U.S. Assistant Secretary of Commerce for Economic Development John R. Fernandez said, “This grant will identify Mississippi’s strengths and capitalize upon the entrepreneurial spirit associated with those strengths, developing industry clusters and creating higher-skill, living-wage jobs.”
“The project area has been plagued by high unemployment, low per capita income, and natural disasters. This investment will provide specialized training for entrepreneurs of small and emerging businesses, providing a much needed stimulus to the regional economy,” said Joseph Deason, CFO of the MDA.
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