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Economic Development

SBA Awards FY 2019 State Trade Expansion Program grants

The U.S. Small Business Administration announced that $683,550 has been awarded  to Mississippi Development Authority that successfully competed for funding to support export growth among small businesses through SBA’s competitive State Trade Expansion Program (STEP).  “SBA is proud to partner with the STEP grant winners and provide much-needed resources that help small businesses increase their sales by exporting,” said Acting ...

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Songy starts new consulting firm after years with Gov. Bryant

By ROSS REILY After seven years with Gov. Phil Bryant — the last three-and-a-half as his chief of staff —  Joey Songy has begun a strategy and business development firm — Songy LLC. His insight of years of working with people through government, Songy says outside of politics, partisonship and party, business and government tend to relate to each other in much the same way everywhere and ...

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Mississippi tops list for fastest-growing small and medium businesses on Amazon

By BECKY GILLETTE Studies estimate that online sales grew 18 percent in 2018, with sales through Amazon representing about 43-49 percent of all online sales. The trend to buy online is expected to continue to grow, which could be good news for businesses in Mississippi, which is the No. 1 state in the country when it comes to the fastest-growing ...

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Amazon sellers in Mississippi can reach customers around the country and overseas

By BECKY GILLETTE While accounting for close to 15 percent of the adult population and nearly three-quarters of the country’s land mass, rural-American accounts for only 3.7 percent of total gross revenues in the U.S. economy, said Amazon spokesperson Joel Sider. But sellers with Amazon.com may actually have an advantage by being located in a rural area if costs for ...

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D’Iberville woman turns hobby into business by selling on Amazon

By BECKY GILLETTE Anna Childers, Apple Farm Creations, Handmade Home Decor & Personalized Gifts, D’Iberville, said the biggest advantage for her and her husband in selling on Amazon is the large customer base. Anna Childers started the business in 2015 selling handmade home decor such as hand-painted wood signs, wood shelves, coat racks, etc. “I love making this kind of ...

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BILL CRAWFORD — Taylor says skills training should begin in 8th grade

“The paradigm of get a job and we will train you is gone,” says Louisville’s Lex Taylor. He is talking to a large multi-county group of business, education, and government leaders at the The Dome, Louisville’s new community safe room. Understand that Taylor is no common businessman. He is the third-generation leader of one of Mississippi’s great rural industry successes. ...

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Arena bids halted in midst of expansion project

By TAYLOR VANCE / Daily Journal TUPELO • City officials are momentarily halting progress on BancorpSouth Arena renovations due to a problem with one of the bids. The Tupelo City Council voted Thursday night to hold 11 construction bids  for 60 days and to reject another bid for drywall work and request new bids for that work. The council did this ...

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BancorpSouth expansion needed as business continues to grow

By DENNIS SEID / Daily Journal TUPELO • Last week, BancorpSouth put the finishing touches on its seventh bank acquisition since 2018, further expanding its footprint in eight states. With that growth comes the need to add more to the “back office” staff that helps keep the nearly $20 billion financial institution running smoothly. A more than $15 million project will ...

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Tupelo sells property to group wishing to build downtown hotel

By TAYLOR VANCE / Daily Journal TUPELO • City officials are partnering with a development company to bring a four-story boutique hotel that will house at least 80 rooms and a restaurant to the downtown area. The Tupelo City Council voted to enter into a contract agreement with Thrash Group, LLC, a hotel development industry based out of Hattiesburg, to sell city-owned ...

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