Financing & Incentives

State of Mississippi Tax Incentives, Grants, & Business Financing

The state of Mississippi offers a wide variety of tax incentives to new and existing business and industry, as well as economic development grants, and business financing. View a full list of incentives by going to the Mississippi Development Authority website.

The Mississippi Department of Revenue website has more detailed information about Mississippi taxes and incentives. Download Mississippi Tax Incentives, Exemptions, and Credits (PDF, 1.7 MB) for a detailed listing.

TVA Valley Incentive Programs (VIP)

To encourage economic development in the TVA region, TVA’s Valley Incentive Programs (VIP) help businesses by providing incentives programs that provide energy and economic benefits, financing, grants, and more.

Mississippi Business Finance Corporation

The Mississippi Business Finance Corporation (MBFC) is the financing arm of the Mississippi Department of Economic and Community Development. MBFC is a public, non-profit public corporation which coordinates state resources to assist companies in obtaining financing.

The MBFC administers various programs to assist economic development in the state, including the Industrial Revenue Bond (IRB) Program which provides reduced interest, long-term financing, tax incentives, and use tax exemptions for companies that are locating to Mississippi or expanding their presence in the state.

Appalachian Regional Commission

Kemper County is a part of Appalachian Regional Commission (ARC) which offers federal assistance for economic development projects.