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Small Business Support

Business development incentives support eligible activities including startup, expansion, relocation, retention, and workforce development. These incentives may provide financial and technical assistance, site and infrastructure readiness support, and training and hiring initiatives to encourage sustainable growth and strengthen Jackson’s economic vitality.

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Business Development Incentives

Business Development Incentives provides general information about programs and resources intended to support economic growth, job creation, workforce development, and business investment within the City of Jackson. Incentives may be offered directly by the City or coordinated with local, state, and federal partners. Availability, eligibility, and program terms vary by program and funding source.

Some incentive-related resources may be aligned with federal economic and workforce programs administered by the Economic Development Administration (EDA), the U.S. Department of Labor (DOL), and the U.S. Small Business Administration (SBA). Grant-supported programs may include additional compliance, reporting, and performance requirements.

Overview

Business development incentives may support eligible activities such as business startup, expansion, relocation, retention, and workforce development. Common support categories may include financial assistance, technical assistance, site and infrastructure readiness support, and training and hiring initiatives.

Businesses may be required to meet performance benchmarks (e.g., job creation, investment milestones) and submit periodic reports consistent with program terms.

Incentive Categories

Programs and resources that support business investment, site readiness, and local economic growth initiatives.

Programs that support training, credentialing, hiring pipelines, and workforce partnerships tied to job creation outcomes.

Programs that assist entrepreneurs and small businesses with planning, technical assistance, access to resources, and capacity building.

Federal Program Alignment

EDA-aligned activities commonly focus on economic competitiveness, job creation, infrastructure and site readiness, and initiatives that strengthen local economic resilience.

DOL-aligned activities commonly focus on workforce development, employment pathways, job training, apprenticeships, upskilling/reskilling, and measurable placement/retention outcomes.

SBA-aligned activities commonly focus on small business support, entrepreneurship, technical assistance, access to capital resources, and business development services.

Eligibility and Requirements

Eligibility requirements depend on the specific program and may include factors such as business type, location, number of jobs created or retained, wage levels, capital investment, and alignment with targeted industry sectors. Some programs may require documentation such as business registration information, financials, project plans, workforce plans, and compliance certifications.

Participation in incentive or grant-supported programs may require ongoing reporting, milestone tracking, and performance documentation. Failure to meet program terms may result in modification or termination of assistance.

Application Process

Incentive programs generally follow a process that may include:

  1. Initial inquiry and eligibility screening

  2. Submission of an application and required documentation

  3. Program review and approval (as applicable)

  4. Execution of program terms, performance benchmarks, and reporting requirements

Processing timelines vary based on program requirements and application completeness.

Frequently Asked Questions

Business development incentives are programs and resources intended to encourage business activity that supports local economic priorities, including job creation, workforce development, and business investment.

No. Incentives are subject to eligibility review, funding availability, and program approval. Grant-supported programs may require additional compliance and reporting.

No. Some incentives may be administered by the City, while others may be offered through local, state, or federal partner programs.

Businesses may be required to meet performance benchmarks (e.g., job creation, investment milestones) and submit periodic reports consistent with program terms.

Businesses should contact the City’s business or economic development office for guidance on available programs and application steps