Entergy Mississippi Awards Excellerator Grant to Montgomery County.
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Fourteen counties share $75,000 in matching economic development grants
The Economic Development Partnership of Montgomery County will receive $2,500 from Entergy Mississippi for roof repairs on the former methanol/ethanol plant in the county's industrial park.
The organization is one of 14 in the state that will share $75,000 in grants for projects to make them more attractive to companies looking to expand or locate new facilities.
In its third year, Entergy's Excellerator Competitive Communities program provided 50/50 matching grants in three categories: site readiness, marketing and organizational excellence.
Ed Gardner, Entergy Mississippi director of business and economic development, noted that developing and maintaining quality industrial sites is a priority.
"The company continues to invest in site readiness that supports industrial growth and sustainability," Gardner said. "The sites that we develop in partnership with our communities today will house the companies and workforce of the future."
This year, marketing grant applications topped the list for the innovative program.
"Our communities are enhancing the ways they promote their communities to site selectors," said Gardner. "This will ultimately lead to more innovative economic development organizations that use the latest trends in marketing technology and communication."
Grants were also provided for organizational excellence, as the health and structure of a community's economic development organization is critical to its success, Gardner noted.
"Their leaders guide and facilitate economic and community development efforts," he added. "So, we support nurturing successful economic development organizations."
Other winning counties for this year are:
- Madison-Madison County Economic Development Authority
- Pike-Pike County Economic Development District
- Rankin-Rankin First Economic Development Authority
- Claiborne-Claiborne County Economic Development District
- Grenada-Greater Grenada Partnership
- Leake-Leake County Development Association
- Tate-Tate County Economic Development Foundation/Chamber
- Tunica-Tunica County Economic Development Foundation/Chamber
- Warren-Vicksburg-Warren County Partnership
- Yazoo: Yazoo County Economic Development District
- Adams-Natchez, Inc. Economic Development
- Sunflower-Sunflower County Economic Development District
- Washington-Washington County Economic Alliance
Along with assessments and grants, the Excellerator program offers training and workshops to all counties in Entergy's service area. The Entergy Mississippi economic development team works with communities throughout the year to help prepare them for growth.
"This is about more than enhancing economic development. We're investing in our communities so that customers can have opportunities without having to leave the state," said Gardner. "Through this program, we're helping people stay and thrive in Mississippi."
Learn more about economic development at Entergy and key tools to help our communities grow at goentergy.com/our-region/mississippi/.
Entergy Mississippi, Inc. provides electricity to approximately 450,000 customers in 45 counties. Entergy Corporation (NYSE: ETR) is an integrated energy company engaged primarily in electric power production and retail distribution operations. Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity, including nearly 9,000 megawatts of nuclear power. Entergy delivers electricity to 2.9 million utility customers in Arkansas, Louisiana, Mississippi and Texas. Entergy has annual revenues of $11 billion and nearly 13,700 employees.
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|Date:||Aug 8, 2019|
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