In late-2022, the Magnolia State finalized the largest economic deal in its history. Steel producer Steel Dynamics inked an agreement to invest $2.5 billion in an expansion in Columbus to add two new facilities and more than 1,000 jobs. This comes on the heels of several notable announcements by companies like Shloop, Homestead Furniture and Menasha Packaging. The aero-space industry continues to grow as well. Rocket Lab announced in September 2022 it would locate an engine testing facility at Stennis Space Center in Hancock County. “When it comes to the aerospace industry, it’s all systems go in Mississippi. That’s because our state offers a prime location for innovative research, well-trained workers, and innovative technology development,” said Gov. Tate Reeves in a press release.
Advantage Jobs Program: Offers a rebate as a percentage of Mississippi payroll to qualified employers for a period of up to 10 years for businesses that promote significant expansion of the economy through job creation.
Sales and Use Tax Exemption for Aerospace Businesses: Offered to aerospace businesses that locate or expand in Mississippi and create at least 25 full-time jobs paying at least 110% of the state or country average annual salary and make an investment of at least $25 million in the state.
Sales and Use Tax Exemption for Data Center Enterprises: To qualify, data centers must invest at least $20 million and create at least 20 new jobs paying 125% of the average state wage.
Manufacturing Investment Tax Credit: Existing manufacturers in Mississippi that have been in business for two or more years and invest $1 million or more in buildings or equipment may be eligible for credits applied to the entity’s state income tax liability.
Mississippi Development Authority
mississippi.org
Mississippi Economic Council
msmec.com
Greater Jackson Alliance/JXN Metro 360
jxnmetro360.org
Hattiesburg Area Development Partnership
theadp.com
In July 2023, the Mississippi Development Authority and U.S. Treasury Department announced the State Small Business Credit Initiative, an $86 million expenditure funding four programs supporting Mississippi small businesses and startups. The initiative includes a loan participation program, a loan guarantee program and two equity/venture capital programs.
0
1:00 - 5:00 pm
Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process
Executives expressed frustration with their current strategic planning process. Issues include:
Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns. They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning. Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process. This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented. If you are ready for a Strategic Planning tune-up, select this workshop in your registration form. The additional fee of $695 will be added to your total.
2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.
