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Small Enterprise Development Finance Program (Mississippi)
DSIRE/LstUpdt September 15, 2014  +
EZFeed/JurisdictionDesc Counties designated in Gulf Opportunities
Counties designated in Gulf Opportunities Act of 2005(Adams; Amite; Attala; Claiborne; Choctaw; Clarke; Copiah; Covington; Forrest; Franklin; George; Greene; Hancock; Harrison; Hinds; Holmes; Humphreys; Jackson; Jasper; Jefferson; Jefferson Davis; Jones; Kemper; Lamar; Lauderdale; Lawrence; Leake; Lincoln; Lowndes; Madison; Marion; Neshoba; Newton; Noxubee; Oktibbeha; Pearl River; Perry; Pike; Rankin; Scott; Simpson; Smith; Stone; Walthall; Warren; Wayne; Wilkinson; Winston and Yazoo)
rren; Wayne; Wilkinson; Winston and Yazoo)  +
EZFeed/Relevant Yes  +
Incentive/Active true  +
Incentive/AddlPlaceCounty Adams County, Mississippi: Energy Resources + , Amite County, Mississippi: Energy Resources + , Attala County, Mississippi: Energy Resources + , Claiborne County, Mississippi: Energy Resources + , Choctaw County, Mississippi: Energy Resources + , Clarke County, Mississippi: Energy Resources + , Copiah County, Mississippi: Energy Resources + , Covington County, Mississippi: Energy Resources + , Forrest County, Mississippi: Energy Resources + , Franklin County, Mississippi: Energy Resources + , George County, Mississippi: Energy Resources + , Greene County, Mississippi: Energy Resources + , Hancock County, Mississippi: Energy Resources + , Harrison County, Mississippi: Energy Resources + , Hinds County, Mississippi: Energy Resources + , Holmes County, Mississippi: Energy Resources + , Humphreys County, Mississippi: Energy Resources + , Jackson County, Mississippi: Energy Resources + , Jasper County, Mississippi: Energy Resources + , Jefferson County, Mississippi: Energy Resources + , Jefferson Davis County, Mississippi: Energy Resources + , Jones County, Mississippi: Energy Resources + , Kemper County, Mississippi: Energy Resources + , Lamar County, Mississippi: Energy Resources + , Lauderdale County, Mississippi: Energy Resources + , Lawrence County, Mississippi: Energy Resources + , Leake County, Mississippi: Energy Resources + , Lincoln County, Mississippi: Energy Resources + , Lowndes County, Mississippi: Energy Resources + , Madison County, Mississippi: Energy Resources + , Marion County, Mississippi: Energy Resources + , Neshoba County, Mississippi: Energy Resources + , Newton County, Mississippi: Energy Resources + , Noxubee County, Mississippi: Energy Resources + , Oktibbeha County, Mississippi: Energy Resources + , Pearl River County, Mississippi: Energy Resources + , Perry County, Mississippi: Energy Resources + , Pike County, Mississippi: Energy Resources + , Rankin County, Mississippi: Energy Resources + , Scott County, Mississippi: Energy Resources + , Simpson County, Mississippi: Energy Resources + , Smith County, Mississippi: Energy Resources + , Stone County, Mississippi: Energy Resources + , Walthall County, Mississippi: Energy Resources + , Warren County, Mississippi: Energy Resources + , Wayne County, Mississippi: Energy Resources + , Wilkinson County, Mississippi: Energy Resources + , Winston County, Mississippi: Energy Resources + , Yazoo County, Mississippi: Energy Resources +
Incentive/AddlPlaceSelector County  +
Incentive/ApplDsc Agricultural  + , Commercial  + , Construction  + , Developer  + , Fed. Government  + , Fuel Distributor  + , General Public/Consumer  + , Industrial  + , Installer/Contractor  + , Institutional  + , Investor-Owned Utility  + , Local Government  + , Low-Income Residential  + , Multi-Family Residential  + , Municipal/Public Utility  + , Nonprofit  + , Residential  + , Retail Supplier  + , Rural Electric Cooperative  + , Schools  + , State/Provincial Govt  + , Systems Integrator  + , Transportation  + , Tribal Government  + , Utility  +
Incentive/AuthCode Mississippi Business Finance Corporation under the Mississippi Small Enterprise Development Program (SED) found in Chapter 71 of Title 57 of Mississippi Code of 1972; as amended  +
Incentive/AuthDtEff 2010  +
Incentive/AuthLink http://www.msbusinessfinance.com/programs/mississippi-small-enterprise-development-finance-program-sed/  +
Incentive/Cont2Dept Mississippi Business Finance Corporation  +
Incentive/Cont2Div Secretary and Senior Finance Officer  +
Incentive/Cont2Email ccarter@mbfc.cc  +
Incentive/Cont2Name Cindy Carter  +
Incentive/ContAddr 735 Riverside Drive Suite 300; Jackson; Mississippi; 39202  +
Incentive/ContDept Mississippi Business Finance Corporation  +
Incentive/ContDiv Treasurer/Executive Director  +
Incentive/ContEmail bbarry@mbfc.cc  +
Incentive/ContName Bill Barry  +
Incentive/ContPhone 601-355-6232  +
Incentive/ContPlace Jackson Offices  +
Incentive/ImplSector Non-Profit  +
Incentive/Name Small Enterprise Development Finance Program (Mississippi)  +
Incentive/PolicyType Financial Incentive  +
Incentive/ProgAdmin Mississippi Business Finance Corporation  +
Incentive/Summary The Mississippi Small Enterprise Developme
The Mississippi Small Enterprise Development Finance Program (SED) enables the Mississippi Business Finance Corporation (MBFC) to make loans to qualified private companies that will increase employment and investment in the State. The State of Mississippi issues general obligation bonds as the source of funding under the SED Program. The bonds are issued on a composite basis. The costs of issuance are prorated to each company participating in the issue; allowing companies to obtain tax exempt financing that would otherwise be unavailable due to prohibitive costs. This program provides tax-exempt financing for small projects; and gives banks in the State; which meet MBFC criteria; an opportunity to issue letters of credit to support these efforts. The combination of lower than market interest rates and a fixed term make this program an attractive alternative for projects requiring loans of $4 million or less. Sales tax exemptions are granted for this type of public financing. Other tax incentives; such as those through the Mississippi Rural Economic Development Assistance Program (RED). Ad valorem exemptions may be granted if approved by the appropriate city and county.
proved by the appropriate city and county.  +
Incentive/TechDsc Biomass/Biogas + , Coal with CCS + , Concentrating Solar Power + , Energy Storage + , Fuel Cells + , Geothermal Electric + , Hydroelectric energy + , Hydroelectric (Small) + , Natural Gas + , Nuclear + , Solar Photovoltaics + , Tidal Energy + , Wave Energy + , Wind energy +
Incentive/Type Corporate Tax Incentive + , Loan Program + , Sales Tax Incentive +
Incentive/UserSource http://www.mississippi.org/mda-library-resources/finance-tax-info/gulf-opportunity-zone-act-of-2005.html  +
Incentive/Website http://www.msbusinessfinance.com/programs/mississippi-small-enterprise-development-finance-program-sed/  +
OpenEI/PageDescription Small Enterprise Development Finance Program (Mississippi): energy incentive program.  +
OpenEI/PageKeyword Energy Incentives  + , Mississippi  + , Corporate Tax Incentive  + , Loan Program  + , Sales Tax Incentive  + , Mississippi Business Finance Corporation  +
Place Mississippi: Energy Resources +
Categories EZFeed Policies , Incentive with Contacts , Incentive with Authorities
Modification date
"Modification date" is a predefined property that corresponds to the date of the last modification of a subject and is provided by Semantic MediaWiki.
04:18:27, 13 February 2015  +
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