New Markets Tax Credit Coalition

Search

Project Everest

Multi-Tenant Education and Technology Innovation Hub that expands coding-education and workforce training opportunities for an underserved diverse population in rural Mississippi.

Investment

  • NMTC Amount: $6,500,000
  • Total Project Cost: $7,300,000

IMPACT

  • 15 FTE jobs
  • 14 construction jobs

Investor

Voices from the Community

Water Valley Mayor Donald Gray agreed the economic, social, and physical components of this project is going to be a great change” for the city. The physical part is going to make our city much better. The economic, I can’t even start to imagine. …Hopefully a lot of these students will come back and build houses and become taxpayers,” Gray said. People can make a good living and these kids make a really good living starting out. They feel better about themselves … about their families. https://mississippitoday.org/2020/02/03/5-million-tech-center-expands-effort-to-close-skills-gap-as-tech-firms-step-up-investment-in-mississippi/

-Donald Gray, Mayor, Water Valley, Mississippi

Project Description

Multi-Tenant Education and Technology Innovation Hub that expands coding-education and workforce training opportunities for an underserved diverse population in rural Mississippi. Tenants include BaseCamp Coding Academy (BCCA), a satellite campus for Northwest Mississippi Community College and a Business Integration/Incubation space for Business sponsors of BCCA.

MAP

Address: 802 Central Street, Water Valley, MS 38965

Census Tract: 28161950200

Other Mississippi Projects

Milwaukee Tool used NMTC financing to expand the facility’s manufacturing capabilities by upgrading the current outdated facility and purchasing new, innovative, state-of-the-art equipment to further support its growing hole saw

The Habitat Homes Project provided support to Habitat for Humanity affiliates located in Metro Jackson and in the Mississippi Gulf Coast areas of Mississippi.

Score board manufacturer: Capturion Network, LLC, a Laurel, MS-based company which sells, installs and services digital scoreboards for sports and entertainment venues nationwide, has received an undisclosed amount of financing

After an EF-4 tornado devastated a town, killing 10 people and destroying over 1,000 structures including a 265,000 sq. ft. mill, the NMTC brought jobs and hope back to the