The deadline for Mississippi small business owners to apply for an important grant is fast approaching.
If you’re a small business owner in Mississippi, time is running out to apply for a grant designed to help with economic recovery in the wake of COVID-19. Stone County Economic Developer Betsy Rowell said, “This is funding that helps people keep their doors open, it brings employees back to work and just generally keeps a business in business.”
September 15th is the final day to apply for the Back to Business Mississippi Grant. The $240 million grant program is designed to assist businesses with 50 or fewer employees provided they meet eligibility requirements such as experiencing an interruption in business. “It’s being managed through the Mississippi Development Authority and there’s assistance available if people have questions, you know, they’re not sure they’re eligible, they’re not sure of the amount, there is a maximum amount that you can apply for.”
Scott Maddox is the co-owner of Southern Turnings in Wiggins. He says his business experienced supply and staffing interruptions as a result of the pandemic and has applied for the Back to Business grant. While he’s still awaiting word on his application, he appreciates the extra boost this may provide. “Just receiving the base amount of 3,500, you know, that’s one of my payroll periods, and so that’s going to be tremendously helpful.”
In a county with a wide range of small businesses, Rowell says many other local businesses have seen the benefits of the grant. “It was very difficult while they were closed, some of them had employees that didn’t return, some of them couldn’t bring their employees back had they not had this funding mechanism to help support them.”
More information on eligibility requirements can be found at backtobusinessms.org.