Home » Tag Archives: small businesses (page 3)

Tag Archives: small businesses

Utilities hope PSC approves discounted rates for businesses

JACKSON — A number of the state’s utilities are hoping lower power bills for their business customers will help those companies save money to grow their operations. With approval of the overall effort from the Mississippi Public Service Commission, five utilities are offering discounted power rates to smaller businesses. Participating utilities include Entergy Mississippi, Mississippi Power, Atmos Energy, CenterPoint Energy ...

Read More »

Businesses secure more than $163M in federal contracts

ACROSS MISSISSIPPI — In fiscal year 2011, more than $163.9 million in federal government contracts and modifications were awarded to Mississippi businesses certified in the U. S. Small Business Administration’s 8(a) and HUBZone Programs, according to the Federal Procurement Data System – Next Generation (FPDS-NG). This activity occurred Oct. 1, 2010 to Sept. 30, 2011. “The federal government is the ...

Read More »

Hyperion graduating from IDEAs, expanding

TUPELO — Hyperion Technology Group Inc. is graduating from the Renasant Center for IDEAs, the Tupelo/Lee County business incubator, and will expand into the former Ad Lab facility in Tupelo. The project represents a $750,000 company investment and will create 10 new jobs. 
 To support the expansion project, the Mississippi Development Authority (MDA) provided Hyperion assistance through the Momentum ...

Read More »

SBA offering loans to drought-impacted businesses

ACROSS MISSISSIPPI — The U.S. Small Business Administration’s economic injury disaster loans are available to small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private non-profit organizations of all sizes located in Mississippi as a result of drought and excessive heat that occurred from Jan. 1 – Aug. 30, 2011. “When the Secretary of Agriculture issues a ...

Read More »

SBA proposes change in definition of small business

WASHINGTON — Proposed rules published for comment in The Federal Register by the U.S. Small Business Administration would adjust the size definition of small businesses in 52 industries in two broad categories of businesses, ranging from travel agencies and movie production to waste management. The proposed adjustments to size standards in 15 industries in Sector 51 of the North American Industry ...

Read More »

SBA-Mississippi sets another quarterly record

JACKSON — The U. S. Small Business Administration Mississippi District Office has set another record for federal fiscal year 2011 (Oct. 1, 2010 to Sept. 30, 2011). A total of 749 loans were approved for Mississippi small businesses totaling a record $274,032,500. Janita R. Stewart, district director of the SBA in Mississippi, said, “We also set a record in fiscal ...

Read More »

Volume of SBA-backed loans sets another record

WASHINGTON — Spurred in part by unprecedented loan volume in the year’s first quarter, small business loans backed by the U.S. Small Business Administration in FY2011 reached the highest mark in the agency’s history, supporting over $30 billion. SBA Administrator Karen Mills said, “Due to the Small Business Jobs Act and a return to pre-recession lending levels, over 61,000 small ...

Read More »

Deadline nearing for SBA disaster loans

NORTH MISSISSIPPI — The U.S. Small Business Administration is reminding small businesses that Oct. 17 is the filing deadline for federal economic injury disaster loans available in the counties of DeSoto and Marshall in Mississippi. The SBA declared a disaster because of the drought and excess heat that began on June 1, 2010. The SBA’s Economic Injury Disaster Loan program ...

Read More »

SBA offering disaster relief to businesses in six counties

MISSISSIPPI DELTA — Small, non-farm businesses in six Delta counties in Mississippi are now eligible to apply for low-interest disaster loans from the U.S. Small Business Administration (SBA). These loans offset economic losses because of reduced revenues caused by the combined effects of hail, high winds, flooding, widespread drought and excessive heat that began April 1. The eligible counties are ...

Read More »

DRA, SBA strike new Delta-focused partnership

MISSISSIPPI DELTA — The Delta Regional Authority and the Small Business Administration have announced a new partnership aimed at recruiting financial institutions to the Delta to help businesses in the region. Officials with the two agencies planned to announce the new agreement at an event this morning at Mid-South Community College in West Memphis, Ark. They’re signing a memorandum of ...

Read More »