Mississippi Administrative Code
Title 6 - Economic Development
Part 1 - Financial Resources
Chapter 20 - Mississippi Air Service Growth Program (MASGP)
Rule 6-1-20.60 - MDA Matching Funds

Universal Citation: MS Code of Rules 6-1-20.60
Current through September 24, 2024

MDA will match on a 1 to 1 basis, up to $200,000 during the twenty-four (24) month period, the funds contributed by the Approved Carrier and/or Mississippi Entities toward the promotion of the New Service and/or Additional Service covered under the grant agreement. MDA will only make a payment to the Approved Carrier or the advertising agency directly contracted by the Approved Carrier. MDA will match on a 1 to 1 basis the total contribution of all parties toward the Approved Carrier or its advertising agency based on adequate documentation, as approved by MDA. For example, if the Approved Carrier contributes $75,000 and other Mississippi Entities contribute $75,000 toward marketing the New Service and/or Additional Service through the Approved Carrier's advertising agency, then MDA may match $150,000 to increase the advertising agency's campaign to $300,000 total.

House Bill 1074, Regular Session 2016

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