Grants & Incentives

Available in Downtown Laurel

WE BELIEVE business owners in Downtown Laurel deserve every opportunity. Potential tax credit for improvements and new businesses in the Central Business District is reviewed on a case by case basis, beginning in the City Clerk’s office. Here are some options to consider when starting or improving your business:

What’s so special about Laurel?

Our city is home to Mississippi's oldest museum, the Lauren Rogers Museum of Art.

The cost of living in Laurel is over 20% less than the national average.

Frederick Law Olmsted, Jr., designer of the grounds of the White House and the Jefferson Memorial, was responsible for the design of Laurel’s beautiful city park system.

The unemployment rate in Laurel is one of the lowest in Mississippi.

Laurel Main Street Façade Grant Program

The LMS Façade & Amenities grant was created to help downtown business owners refresh and update their downtown buildings. This grant will provide awards up to $5,000 per project for exterior improvements to buildings within downtown Laurel and will pay $1 for every $2 invested in the project by the applicant. So, if you spend $600 on new signage and fresh paint, you would receive $200 from the LMS Façade grant towards your project. If your building is within the Laurel Main Street District (Downtown Laurel) and you are a Laurel Main Street member, then your building should qualify for the grant. Grants are awarded on a first-come, first-served basis with priority given to those projects that have a significant and visual economic impact and that show dedication to preservation of the historic integrity of the building.