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MS

Mississippi SMART Business Act – R&D Skills Tax Credit

$1,000 per full-time STEM employee per year (for 5 years) income tax credit for companies hiring degreed scientific or technical staff in conjunction with university R&D partnerships.

About this program

Visit the program website for full details.

Eligibility

Mississippi companies partnering with public universities for R&D that employ full-time staff with at minimum a bachelor's degree in a scientific or technical field.

Requirements

  • Company must partner with a Mississippi public university for R&D
  • Employees must hold at minimum a bachelor's degree in a scientific or technical field
  • Employees must be full-time