JACKSON — The jobs program Mississippi STEPS: Subsidized Transitional Employment Program and Services, restarted yesterday and will run through Dec. 10.
Employers who want to participate in STEPS 2 must enroll by Sept. 30 in order to take advantage of the full benefits of the program.
This program, known as STEPS 2, will aid small businesses in [...] [...]
MENDENHALL — It took an independent community bank to earn the State of Mississippi’s first honor as a National Lender of the Year as named by the U.S. Small Business Administration (SBA). Mendenhall-based Peoples Bank has been selected by the SBA to receive the Small 7(a) Lender award.
This national award is presented to lenders that [...] [...]
JACKSON — Although only half through its fiscal year, the Mississippi U. S. Small Business Administration has already set a new lending record.
On March 31, 460 loans were approved totaling $198,448,900.
“That’s far more than the $123,422,551 small businesses received from Oct. 1, 2009 to March 31, 2010,” said Janita R. Stewart, SBA’s Mississippi District director. [...] [...]
JACKSON — Several lawmakers say it’s been difficult to get information from Republican Gov. Haley Barbour on how he’s spending nearly $50 million in federal stimulus money he’s allowed to use at his own discretion.
Barbour’s office didn’t release details about this year’s allocation of his discretionary fund to The Associated Press until AP filed a [...] [...]
BRANDON — Johnson Construction has been awarded a contract by the State of Mississippi to oversee energy upgrades to various state-owned facilities throughout Mississippi.
Terms were not disclosed.
Through funding received from the American Recovery and Reinvestment Act, Mississippi will be making various improvements to state-owned facilities in an effort to better monitor energy consumption and further [...] [...]
JACKSON — The U.S. Small Business Administration has guaranteed 324 loans for Mississippi small businesses totaling approximately $153.139 million during the first three months of fiscal year 2011.
This represents a 60 percent increase in the number of loans approved and a 186 percent increase in loan dollars approved compared to the first quarter of fiscal [...] [...]
OXFORD — A renewable energy grant from the Mississippi Development Authority is helping the University of Mississippi’s Center for Manufacturing Excellence lead the way in using solar power.
When the center is complete in spring 2011, the building will feature 414 photovoltaic solar panels, making it the largest roof-mounted, solar power complex in Mississippi.
“That’s basically the [...] [...]
JACKSON — Gov. Haley Barbour recently unveiled a new “Broadband For Mississippi” website featuring a tool that outlines the availability of broadband across the state. The site is part of the state’s overall effort to increase high-speed Internet access to every community.
The site, at www.broadband.ms.gov, allows Mississippians to learn more about broadband technology and [...] [...]
by Associated Press Published: November 30,2010
Tags: stimulus
WASHINGTON — Congress’ independent budget agency says the cost to taxpayers of the contentious $700 billion financial rescue has dwindled down to $25 billion.
The Congressional Budget Office estimates that as of this month the government will recoup most of the money spent. The $25 billion represents unrecovered money spent to bail out insurance giant American [...] [...]
JACKSON — Mississippi budget analysts have told lawmakers that the Legislature used $700 million in nonrecurring funds to plug recurring costs in the current budget. Those funds – mostly federal stimulus dollars – will go away this year.
The 14-member Legislative Budget Committee gathered Monday to start developing a proposal for the 2011 session.
During the opening [...] [...]
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