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InvestMS Direct Investment Program (SSBCI)

InvestMS Direct Investment — SSBCI Equity Co-Investment

Invests in Mississippi startups through equity co-investment structures with lead-investor participation.

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The InvestMS Direct Investment Program is Mississippi's SSBCI-funded equity co-investment vehicle, providing government-backed equity capital into Mississippi-based pre-seed, seed, and Series A stage companies. The program is funded through Mississippi's approximately $86 million State Small Business Credit Initiative (SSBCI) allocation under the American Rescue Plan Act of 2021; the Direct Invest

Pre-seed, seed, and Series A Mississippi-based startups seeking equity co-investment up to $3 million, requiring a lead private investor, funded through Mississippi's $11 million SSBCI Direct Investment allocation administered by Innovate Mississippi.

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.Equity
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.$11M

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Last verified: 22 Jul 2026Source: mississippi.org