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MDA Minority & Small Business Loan Programs

MDA Minority & Small Business Loan Programs

Provides Mississippi statutory loan and surety programs for minority-owned, women-owned, and disadvantaged small firms.

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The Mississippi Development Authority (MDA) administers a suite of six statutory loan and surety bond programs for small businesses, with a particular focus on minority-owned, women-owned, and socially and economically disadvantaged entrepreneurs operating in Mississippi. The programs are continuously open — there are no competitive cycles or application deadlines — and are established under Missi…

Offers a suite of statutory loan and surety bond guarantee programs in Mississippi targeting minority-owned, women-owned, and socially disadvantaged small businesses, including micro loans up to $35,000.

CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Rolling
Next deadlineiThe next date applications are due. Rolling means you can apply any time.Rolling
Decision timeiTypical time from the deadline to the funder's decision.—
Project durationiHow long the funded work is expected to run.—
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Loan
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.0%
Funding pooliThe total budget available across all awards in this round.—

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Last verified: 22 Jul 2026Source: mississippi.org