Mississippi Development Authority logo
Mississippi Skills Training / R&D Tax Credit

Mississippi Skills Training / R&D Tax Credit

Provides Mississippi businesses tax credits for research employees and qualified innovation spending.

Between cyclesMississippi Development AuthorityUnited StatesEligible in Mississippi

Mississippi offers two complementary research and development incentives administered through the Mississippi Development Authority (MDA) ecosystem. The Research and Development Skills Tax Credit provides a $1,000 state income tax credit per qualifying R&D employee per year for a five-year period, giving businesses a predictable, headcount-based credit for building and retaining research workforce…

Mississippi state income tax credit of $1,000 per R&D employee per year (up to five years) plus a 25% rebate on qualified research costs through the SMART Business Act, available to for-profit businesses conducting R&D in Mississippi.

CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Annual
Next deadlineiThe next date applications are due. Rolling means you can apply any time.—
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.Tax credit
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.—

Sign up free to see the funding breakdown

Sign up free to see the industries in scope

Sign up free to see the full eligibility

Last verified: 22 Jul 2026Source: www.dor.ms.gov