Home » Tag Archives: economic development

Tag Archives: economic development

New developer takes over mall site that has state tax aid

A new developer is taking over a plan to build a large shopping center on the Mississippi Gulf Coast. Local news outlets report that Rise Partners has taken over development in D’Iberville with plans to begin construction next summer and complete the first phase in summer 2020. The new company, based in Chattanooga, Tennessee, says it has agreed with landowner ...

Read More »

ALAN TURNER — The MCEE: Planting the seeds for success

ALAN TURNER The mission of the Mississippi Council on Economic Education is helping to educate young people about economics, finance, and business. There are many success stories of young folks who have been inspired to become economically literate, making important choices about their career objectives, and some who became successful entrepreneurs while still in high school. Others have developed a ...

Read More »

Chasing smokestacks, fostering a creative economy – can Mississippi do both?

By TED CARTER Bill Rayburn Glenn McCullough Mississippi’s government leaders and economic development officials started this decade devoted to making innovation-based, or new economy, startup companies a bigger part of the state’s economic engine. How much they’ve actually contributed as the second decade of the  21st century nears its close depends on who is doing the talking. The assessment of ...

Read More »

Mississippi Angel Fund could become go-to-place for startups

By TED CARTER Tony Jeff Innovate Mississippi expects to boost investments in promising Mississippi startups through a regional angel-fund setup it says can make deals easier and more plentiful. Organizers of the Mississippi Angel Fund say they will invite the State of Mississippi to support the funds through tax credits or perhaps even through buying shares that would entitle it ...

Read More »

Mississippi, Japan have strong foundation

By CALLIE DANIELS BRYANT Glenn McCullough United States municipal and state officials are reaching out to Japan for economic opportunities and increased employment for the nation’s rural areas. Japan is the second largest foreign direct investor (FDI) in the United States, and the value of this country’s investments has grown to an estimate of $13 billion this year. Japan has ...

Read More »

LAW ELEVATED — Recent tax changes to encourage development & new investment

GRAY SWOOPE Wilson Montjoy Recent enactments of both the U.S. Congress and Mississippi Legislature have modified tax laws to encourage development and new investment. Reducing Fee-in-Lieu to $60 Million Enhances Economic Development Recruitment Tools, Mississippi has traditionally offered incentives for economic development, recognizing that new and expanding industries bring jobs and increased tax revenues, but that Mississippi must compete for ...

Read More »

Greg Word joins VisionFirst Advisors team as senior consultant

Greg Word Gray Swoope, CEO and founder of the economic development consulting firm VisionFirst Advisors, LLC., has announced that Greg Word will join VisionFirst as senior consultant Sept. 4. VisionFirst, a subsidiary of Butler Snow LLP, is a customer-driven consulting firm that develops strategy, solves problems and delivers results while mitigating risks and barriers. This expansion supports the company’s growth ...

Read More »

$11.5 million Madison County distribution center announced 

By JACK WEATHERLY The Fastenal Co. will build a $11.5 million istribution center in Madison County and expects to create 60 jobs over the next three years.   Fastenal provides companies with fasteners, tools and supplies needed to manufacture products, build structures and maintain facilities and equipment. The 129,000-square-foot Madison County distribution center, the company‘s 15th in North America, will be located off Sowell Road.   The Mississippi Development Authority is providing $350,000 for ...

Read More »