Mississippi Administrative Code
Title 8 - Education - Institutions of Higher Learning
Part 13 - Strengthening Mississippi Academic Research Through Business Act (Smart Business Act) Rebate Application Guidelines
Chapter 1
Section 8-13-1-1304 - Application and Submission Information

Universal Citation: MS Code of Rules 8-13-1-1304

Current through September 24, 2024

1. Requesting an Application Package

Application information is available online at the Mississippi Institutions of Higher Learning's (IHL) website (www.ihl.state.ms.us).

2. Content and Form of Application Submission

Application packages will be accepted online atwww.ihl.state.ms.us and will at a minimum include the items listed below.

a. Name, address and tax ID number for the Applicant (to document eligibility of the Applicant/Investor).

b. A copy of a Research Agreement between the Applicant and a College or Research Corporation stating their intent to enter into a Research Agreement for Qualified Research with an attached research plan and budget approved by the College or Research corporation. The research agreement must also include an estimated date of completion.

c. A statement/assurance that funds from the Applicant/Investor do not originate from any grant, contract or otherwise by another person or governmental entity.

d. A letter from the Mississippi Department of Revenue stating that the applicant is subject to Mississippi income tax or franchise tax.

3. Submission Dates and Times

Applications may be submitted during one of two 60-day open enrollment periods that will be publicly announced on an annual basis. Additional open enrollment periods may be announced based on availability of funding.

Disclaimer: These regulations may not be the most recent version. Mississippi may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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