Saturday, February 25, 2012

Small Business Grant | "Grant Money for Five Jackson Businesses"

By : Brad Soroka 
Source : http://www2.wjtv.com 
Category : Small business Grant 

The City of Jackson is awarding $30,000 in grants to five area businesses: Celebrity Cuts, Inc., The Property Shop Real Estate Firm, M3A Architecture, The Law Office of Charlinda Miller Florence and Community Lawn Care.

The city hopes the money will help create new jobs and attract more businesses to the area.

Last fiscal year, the city distributed more than $252,000 to businesses through grants.  According to the city, that money created 170 jobs.  On top of the new jobs added, businesses were able to retain an additional 146 jobs.

Now the city is distributing grant dollars for this fiscal year.

"It brings businesses to the city.  It enhances the ones that we already have.  It creates jobs," explains Michael Davis, from the City of Jackson's Economic Development Office.

When the city awards a grant, it requires that the money be used to buy equipment that helps a business grow-- things like computers and printers.

"We have a monitoring component to it where we go out and take pictures of the actual equipment or of the actual signage and or façade depending on the type of grant, and then six months later, we also go out again just to make sure that those pieces of equipment are still at that facility," says Davis.

There's no mandate that the recipients shop locally, but the city would love to see the money stay in Mississippi.

"We most definitely do encourage them because they are tax dollars and they are local so it's great to help your local economy," says Davis.

There's still some grant money left, so if you're a small business and you're looking to improve your curb appeal or you're looking to buy office equipment, consider applying.

"We're encouraging businesses to look at the Highway 80 area," says Davis.  "It's a very vibrant area.  The grants in that area are up to $15,000."

The grants are distributed on a first-come-first-served basis.

To apply for a grant, contact Jackson's Office of Economic Development.  A board will review your application and determine how much money you're eligible for.  In many cases, it's more than $10,000.

Source : http://www2.wjtv.com/news/2012/feb/24/grant-money-five-jackson-businesses-ar-3296136/