North Mississippi Enterprise Initiative

About NMEI The North Mississippi Enterprise Initiative (NMEI) is a non-profit, public/private regional partnership created to foster entrepreneurial growth. We manage enterprise centers (also called business incubators) in the three original sponsoring communities - Oxford, Batesville and Grenada - and provide leadership in related entrepreneurial activities within the region. The mission of NMEI is to help small businesses develop, grow and succeed, thus making a positive, lasting impact in North Mississippi and beyond. This regional network is the culmination of several years of planning and much hard work on the part of community leaders on the local, state and federal levels. Our initial funding, used for construction of the aforementioned three new facilities, came from three primary sources: the Economic Development Administration of the U.S. Department of Commerce, the Tennessee Valley Authority and the Mississippi Development Authority. In addition, each local community was required to contribute smaller amounts to exhibit good faith towards the project. Why NMEI? Provide assistance in contacting business counselors to assist with business plans, marketing, financial, legal, and other business advice Assist in community networking and initiating contacts for strategic partnerships and business alliances Help identifying financing sources, including angel and venture investors Coordinate with local and state media outlets to have press releases distributed for your business accomplishments and events Offer flexible lease agreements with competitive rent rates