Rankin County Incentive Programs
- Property Tax Exemption
- Free Port Warehouse Property Tax Exemption
- Workforce Training
- Opportunity Zones
- Mississippi Health Care Industry Zone Incentive
Mississippi Development Authority Incentive Programs
Mississippi offers a strong portfolio of business incentives for companies creating new jobs and making corporate investments in the state. Incentives include grants and loans designed to meet the infrastructure needs of new and expanding businesses, workforce training programs, small and minority-owned business assistance programs, and statutory tax incentives. The Mississippi Development Authority works closely with prospective companies and existing businesses considering growth opportunities to understand and meet their needs and provide a level of responsiveness second to none. MDA’s Financial Resources Division provides technical assistance to businesses, consultants, economic development professionals and others regarding the state’s incentives.
Mississippi Business Finance Corporation
The Mississippi Business Finance Corporation is a public, non-profit corporation with the mission of coordinating a variety of state resources in order to assist businesses and industry in obtaining financing and in positioning the state as an aggressive competitor in the global market. MBFC's financing programs assisting in establishing new facilities and expanding existing businesses. MBFC represents a cooperative effort between the public and private sectors to stimulate both commercial and industrial development and expansion by administering financing programs that provide competitive or below market interest rates and tax incentives for qualified projects. MBFC works in cooperation with financial institutions and economic development entities statewide with the goal of increased employment and capital investment in Mississippi. MBFC is governed by a membership of 25 representatives from the public and private sectors.
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