Did you know…the Strengthening Mississippi Academic Research Through Business Act (SMART) allows Mississippi businesses who enter into a new research agreement with a Mississippi public university or research corporation to receive a maximum rebate equal to $1,000,000? That means up to 25 percent of your research costs (up to $1,000,000) are eligible for the SMART rebate with priority consideration given to healthcare, energy and advanced manufacturing applications. Take advantage of this funding to help facilitate your next research project. The process is simple and MBEN is ready to help.
Earn up to a $1,000,000 rebate when you enter
into an approved research partnership
with a Mississippi Public University.
Electronic applications are accepted at
any time throughout the year.
The Mississippi Legislature passed the SMART Business Act in 2013 to:
- Stimulate private investment in research and development through partnerships with Mississippi public universities
- Increase the competitiveness of Mississippi companies
- Improve the economy of the State of Mississippi
The limit on the total amount of rebates issued each fiscal year is $5,000,000.