In the News: $3.4 Million Grant for Economic Development in Hattiesburg

$3.4 million grant for economic development in Hattiesburg

The Hub City is keeping the wheel of progress rolling. This comes with the announcement of a $3.4 million grant for economic development in Hattiesburg. It’s an investment that’s paving the way for future businesses!

In the news

The Mississippi Development Authority recently awarded the $3.4 million grant for economic development in Hattiesburg to The Garden. The Garden is The University of Southern Mississippi’s Innovation and Commercialization Park.

According to reports, the majority of the funds will be used to prepare future sites in The Garden for innovative tech-driven businesses.

In other words, developers will soon prep 22-acres in North Hattiesburg to attract light industrial business development opportunities.

Monies will support tasks like clearing the land, constructing access roads and upgrading water and sewer systems. In addition, the repaving of Classic Drive is also on the list.

Wondering when construction will begin? A good way to stay informed is to connect with the City of Hattiesburg on Facebook, Twitter or Instagram.

More about The Garden

Find The Garden near Lake Sehoy on University property. The goal is to create an environment with sites ready for innovative companies to set up and develop their ideas. The Garden was one of 20 sites selected throughout the state for a Site Development Grant.

The Accelerator is a full-service, 60,000-square-foot facility acting as a hub and support system for groundbreaking business developments.

Private businesses can set up shop and have access to cutting-edge technology and other amenities as they bring their ideas from concept to commercialization.

Summary

Do you know how far Point O’Woods Apartments is from the University of Southern Mississippi? Less than a mile! So, whether you are a student or a budding entrepreneur, you could be on campus after about a two-minute drive when you live with us. Find out more about us and our town when you continue to read our blogs!