Current through December 10, 2024
Rule 6-9-7.5 - Eligibility CriteriaThe minimum criteria to qualify for a grant is as follows:
A. the business must make a new minimum capital investment from private sources of one million dollars ($1,000,000);B. Mississippi based business entity;C. the business must have a majority ownership by residents of the State of Mississippi;D. applicant proposes to use funds for the purpose of research and development activities;E. the applicant can demonstrate the ability of the proposed project to expand sUAS manufacturing capabilities in Mississippi; andF. the applicant can demonstrate the ability of the proposed project to be completed on time.House Bill 1983, 2023 Regular Session