A national organization has ranked Mississippi fifth in the nation for entrepreneurship activity.
JACKSON, MS (Mississippi News Now) -
A national organization has ranked Mississippi fifth in the nation for entrepreneurship activity. Last year, the state wasn't even in the top ten.
Small businesses take on many forms today and go beyond the traditional mom and pop store. In fact, Mississippi added nearly 10,000 small businesses to its list of companies this year.
"We have a culture of entrepreneurship in our state that is long standing. Originally it began with people who didn't have a job or needed to put something together to make their family live and that culture has continued to grow," said John Brandon who is the Bureau Manager for the Entrepreneur Center.
The center is part of the Mississippi Development Authority and provides resources to people looking to make their idea and concept a reality. John Brandon says it takes more than just big business to keep cash flowing through the magnolia state.
"There have to be suppliers to those large businesses and that gives an opportunity for our local homegrown Mississippi businesses to come back and play in a much larger arena than they normally would," Brandon explained.
The younger generation is taking to technology for their start-ups. And there's a good chance you may hear some of those young people say, there's an app for that. It will likely be an app they created themselves.
"With the rises in mobile technology and the advancements in that arena, there's a lot of opportunities for folks to build products and services that cater to the needs of businesses and individuals," said Innovate Mississippi's Tasha Bibb.
Innovate Mississippi frequently hosts workshops and competitions about getting new businesses started. They say the starting point is simpler than you may think.
"Determining a need, a need you may have as an individual. Chances are there are a lot of people that have that same need. Products and services that fulfill a need are definitely companies that are going to do better," said Bibb.
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