Home > Chambers of Commerce, Economic Development News > Economic Development News – September 21, 2009

Economic Development News – September 21, 2009

Financial experts say there are signs we’ve reached the bottom of the recession’s economic fall and the rebound has started or is nearing.  A national research group has named Jackson among the strongest performing metro markets where month-to-month tax losses are less severe and job losses not as steep as they have been.

Six months after its official opening, the Jackson County Small Business Incubator is nurturing eight enterprises and training dozens more potential business owners.

An aerospace park planned for property around the Golden Triangle Regional Airport will be marketed internationally once several pieces of the project are in place, an economic development official said.  Joe Higgins, CEO of the Columbus-Lowndes Development Link, says that …

A year after its opening, the B.B. King Museum and Delta Interpretive Center has drawn about 30,000 visitors to the Mississippi Delta town roughly 100 miles northwest of Jackson where the Grammy-winning singer/songwriter/guitarist once made his living on a cotton plantation.

Business and economic development professionals will gather Oct. 6 at Millsaps College to discuss “What Does Our Economic Future Hold?”  The economy will be the focus of the Else School of Management Fall Forum 2009.  Discussing the topic will be Ben Allen, president of Downtown Jackson Partners; Thomas J. Cunningham, vice president and associate director of research for the Federal Reserve Bank of Atlanta; and John H.  Turner, director of economic development for Entergy Mississippi.

Sen. Thad Cochran (R-Miss.) announced the release of more than $14.1 million in federal funding to advance high-tech research and development in Mississippi with the objective of creating more jobs for the state.

U.S. Commerce Secretary Gary Locke today announced a $1.1 million Economic Development Administration (EDA) grant to the Mississippi Band of Choctaw Indians in Choctaw, Miss., to help renovate an industrial facility in the Choctaw TechParc. The project is expected to create 220 jobs and generate $1.9 million in private investment, according to grantee estimates.

Economic development leaders here (Vicksburg, Warren County) have been pushing for more regional undertakings to benefit all job-seekers in west central Mississippi and northeast Louisiana (editorial).

As Mississippi Gov. Haley Barbour and others reiterated to the delegates from 12 states and Puerto Rico, industrial development choices often can hinge on transportation infrastructure choices made years before.

U.S. Education Secretary Arne Duncan has named four Mississippi public schools as “Blue Ribbon Schools.”

Hancock officials expect 2010 to mark big return of small business… 
Hancock Chamber director Tish Williams said a flurry of restaurants has opened throughout the county, and she released a census of businesses that have “made the grade and then some” during the hurricane recovery process.

Site Selection magazine has named the Tennessee Valley Authority (TVA) and Entergy Corporation two of the Top Utilities of 2008. Mississippi Power received an honorable mention.

If anyone in Jackson is unaware of the stakes facing the city in terms of overall economic development, downtown redevelopment and the need to grow urban residential opportunity, take a look around the city – then look at your metro neighbors in Rankin County.

Economic development officials in Ascension Parish say a company is looking at a Mississippi River site for a $2 billion plant that could bring in 300 jobs.

Southern Illinois leaders take center stage on issues of health care and economic recovery starting Tuesday during the annual meeting of the Mississippi Delta Grassroots Caucus in Washington, D.C.  . . .  focusing on health care reform and economic recovery for Mississippi Delta region from Southern Illinois to New Orleans.

Economic Development Now – IEDC’s Federal Update Newsletter

This year MEDC will join with the Mississippi District Export Council (MSDEC), the U.S. Department of Commerce’s Export Assistance Center (MS USEAC), the Mississippi Development Authority and the Mississippi World Trade Center in sponsoring the Governor’s Awards for Excellence in Exporting to recognize one or more Mississippi firms for noteworthy success in maintaining or increasing export sales. 

MEDC Calendar:
November 17 – MEDC Regional Chamber Workshop, Newton, MS “Connecting With Your Members”
December 8 – MEDC Member-to-Member Seminar, Jackson, MS “Existing Industry & Business – A Fresh Approach” with Chandler Russ, Director, EIB Division, MDA

Carol Hardwick, Executive Director
Mississippi Economic Development Council (MEDC)
P. O. Box 3721, Jackson, MS  39207
MEDC 2010 Winter Conference . February 3-5 . Hilton . Jackson
MEDC 2010 Summer Conference . July 21-23 . Beau Rivage . Biloxi

MEDC is Mississippi’s professional association of economic development and chamber of commerce professionals. 





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