Minority Business Enterprise Micro-Loan Program
Funding Amount
$2,000 - $35,000
Deadline
Rolling (quarterly review)
Grant Type
Foundation
Deadline history & next window
- Cycle
- Rolling — applications accepted year-round
- Tracked since
- April 2026
Source: the cycle recorded on this listing. Confirm dates with the funder.
Can we apply?
Check your organization against each line. Taken from the listing; confirm with the funder's guidelines.
Geography
- Mississippi resident
Other requirements
- Certified Minority Business Enterprise
- Credit worthy
- Demonstrated ability to repay
- Southern Mississippi region
Overview
Funder: Southern Mississippi Planning and Development District (SMPDD)
SMPDD provides smaller-scale financing for minority-owned businesses needing micro-loans to start or expand operations.
Loan Terms
- Loan amounts: $2,000 to $35,000
- Interest rate: 4% above Federal Discount Rate
- Financing: Can finance 100% of total project subject to 5% owner equity injection
Eligibility Requirements
- Certified Minority Business Enterprise
- Credit worthy
- Mississippi resident
- Demonstrated ability to repay
Contact Information
- Ronnie Emile, Loan Program Manager: remile@smpdd.com
- Marvin Dickey, Special Project Manager, EO Officer: mdickey@smpdd.com
- Phone: 1-228-868-2311 or 1-800-444-8014
How to Apply
Application Process
- Contact Loan Program Manager for application materials
- Ensure Minority Business Enterprise certification
- Complete application form
- Submit required documentation
- SMPDD processes and approves application
Contact for Application
- Ronnie Emile, Loan Program Manager: remile@smpdd.com
- Phone: 1-228-868-2311 or 1-800-444-8014
What Southern Ms Planning & Development District Inc actually gave
Source: IRS Form 990, 2025
- Grants in 2025
- 1
- Total given
- $6.6M
- Median grant
- $6.6M
- By dollars: Mississippi 100%. Top recipient cities: Gulfport, MS.
Example grants
Subrecipients · Gulfport, MS
Services for the elderly, education, workforce training, and economic development
$6.6M
Focus Areas & Funding Uses
Fields of Work
- Minority businesses
- Small businesses
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