Job Protection Grant Program

The Job Protection Grant Program is a grant program that is available to fund “at risk” industries that have been operating in the state for at least three years and that have lost jobs or are at risk to lose jobs because such jobs have been outsourced.  “Outsourced” means Mississippi jobs are being lost and relocated to industries in foreign countries.  Funding from this program can be used by “at risk” industries that retain jobs in Mississippi and improve productivity.  

Examples of eligible projects include:
 
•    Buildings
•    Land Improvements
 
Program Facts

Typical industries that are eligible under this program include:
 
•    Manufacturers
•    Warehouses and distribution centers
•    Research and development facilities
•    Telecommunications and data processing facilities
•    National or regional headquarters

The existing industry may apply for the Job Protection Grant.  The grant may only be used for job retention and to improve productivity and competiveness.  The existing industry cannot reduce employment by more than 20% if it receives a grant.  The Job Protection Grant Program provides for a maximum grant amount per project of $200,000 provided that the existing industry matches the grant on a dollar for dollar basis.  

Job Protection Grant funds are only available for fixed assets, and can’t be used for working capital or to provide facilities for utilization by a gaming enterprise or retail operations.