Registered in England & Wales No. The new class of Fractionally Integrated Generalized AutoRegressive Conditionally Heteroskedastic (FIGARCH) processes is introduced. The conditional variance of the process implies a slow hyperbolic rate of decay for the. Autoregressive Conditional Heteroskedasticity with Estimates of the. Chaos in Fractionally Integrated Generalized Autoregressive Conditional Heteroskedastic Processes. Abstract: Fractionally integrated generalized autoregressive conditional heteroskedasticity. Bollerslev and Mikkelson(1996), 'Fractionally Integrated Generalized Autoregressive Conditional. Citations for 'Fractionally integrated generalized autoregressive.
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Mississippi Procurement Technical Assistance Program (MPTAP) The Mississippi Procurement Technical Assistance Program is an integral element of the Mississippi Development Authority. Small Business Development. This year the Mississippi Development Authority will take an active. Small Business Resources Small Business Development Division. Mississippi Small Business Development Division. Loan Guaranty, Certified Development Company (CDC), a 504 Loan Program. View Sara Watson's business profile as Bureau Manager at Mississippi Development. Sara is a Bureau Manager with the Mississippi Development Authority in. MDA's Small BusinessBank loan Guaranty Program.It is evident that the small business community is the backbone of the state. As small businesses are able to grow and expand, so does the state. These disasters have significantly impaired growth and development, particularly hitting small business owners and entrepreneurs throughout the Coast. The Mississippi Gulf Coast has now been given a unique opportunity through Go. Coast 2. 02. 0 and potentially available funding from the RESTORE Act to provide the needed resources for small businesses to recover and prosper. The Small Business Go. Team. Some may, however, be implemented by other means and provide a blueprint for strengthening the Coast. As a result, it is essential that small businesses both develop and employ adequate succession plans well in advance of the events that trigger their implementation. A well thought out and written business succession plan is imperative for the continued operations of a business in the event the owner or a key member of management leaves the company as a result of death, disability, divorce, or retirement. Advance planning can provide a smooth transition to facilitate an expected or unexpected change in the composition of the business. It involves a written plan that will address the orderly transfer of the operations, management, and ownership of the business. Financing. It has been identified through various research that financial and service resources exist for small business; however, it does not appear the resources are effectively communicated to the end user. There appears to be a vast array of technical assistance available to start up business, while the assistance to existing business is not as readily available. The opportunity exists to create co- ops to cost share expenses that can be costly to small business (i. The effective communication of resources is vital to this process. If the end user doesn. The continued education and partnerships of small business owners will assist the owners with expanding as the business grows and reacting appropriately to market conditions. Business Resource Centers. There are numerous incubators, financing, training, marketing, and employee treatment programs that currently exist on the Mississippi Gulf Coast, but many small business owners and entrepreneurs are unaware of these great resources and what each offers. A Review of the Utilization of the Mississippi Development Authority’s Business Development Loan Funds. 2 The Mississippi Small Business Loan Guaranty Program (SBLGP), administered by the Mississippi Development Authority ('MDA'), is designed for the purpose of making guaranties to enable small businesses to obtain term. KEY FINANCE PROGRAMS 2006 The Mississippi Development Authority. Small Business Assistance Loan 40. A key priority for the Small Business Go. Team is increasing accessibility to information, training, and education for Gulf Coast small businesses. Technology/Technology Transfer Center. Technology is ever- changing, and it is difficult for a small business to keep up with and remain knowledgeable of the most current software, marketing tools, and other aspects of technology. Small businesses are in constant need of professional services for marketing, social media expertise, website development, and IT, but are unable to afford these services. There are several existing training programs and access to affordable professional services that assist businesses, both new and existing, but the issue is the lack of knowledge and accessibility to these programs and initiatives. Education is yet again fundamental for small businesses. It is necessary to connect this need with services already provided by Incubator systems and Chambers of Commerce. Capitalizing on what already exists is important for maximizing potential and securing long term success. The Coast has a great resource in the Technology Transfer Center at the Stennis Space Center that provides an opportunity to leverage resources for expanding technology and product lines for existing businesses. In addition, the National Oceans and Applications Research Center (NOARC), which focuses on research and development, is another great resource for up- and- coming businesses on the Coast. It is focused on creating a real world impact on economic development and the private sector and providing innovative technology and solutions to businesses. Tourism. The Mississippi Gulf Coast faced a lot of hardship following the BP oil spill, particularly the tourism industry. Tourism is a major economic driver for the Gulf Coast and has a direct impact on small businesses. When people travel to the coast, they are more likely to spend money in local establishments, thereby boosting the local economy. An important component of tourism is hospitality. Educating employees in the tourism industry about all the Coast has to offer is an effective way in selling every aspect of the region including hotels, attractions, historical references, and events. These employees will, in turn, pass on invaluable information about the Coast to travelers and tourists, creating greater awareness and increased revenue throughout the Gulf Coast. In order to educate tourist industry employees on the Coast, the creation of a What to do and How to do It film on South Mississippi is essential. The Small Business Committee of Go. Coast 2. 02. 0 realizes that this subject appears to pertain to Tourism which is being handled by a separate Go. Coast Tourism Committee. However, the Committee also recognizes that the small businesses of the Gulf Coast can benefit immeasurably by such a film. The small businesses that actually . Many of the initiatives described don. The greatest need for investment is in providing a comprehensive plan for efficient use of existing resources and expanding upon these programs in order to provide sustainability to the priority areas identified by the Small Business Team. It is clear that many of the Go. Coast 2. 02. 0 teams. Infrastructure including water and wastewater facilities, roads, and bridges are all needed for a business to operate and succeed. As noted above, tourism has a major impact on small businesses as well as economic development. The need for skilled labor is great for a business to expand and grow their products; therefore, sharing a connection with workforce development. This overlap clearly shows the importance of the defined priority focus areas for small businesses and should be taken into consideration should RESTORE Act funds become available. Current Initiatives Aiding Small Businesses Small Business Development Centers. These are cooperative efforts of the private sector, the educational community and federal, state, and local governments devoted to assisting and encouraging individuals who want to start a business or grow one they already own. Below is a list of existing programs currently in place to assist small businesses and entrepreneurs: Chambers of the Gulf Coast. The Innovation Center has had a great success rate in . Gulf Coast Business Council. The Gulf Coast Business Council is the united voice of business on public policy issues of importance to the Mississippi Gulf Coast region. Through leadership and collaboration on targeted strategic issues, it promotes and advances the economic vitality and quality of life of the Coast. WIN Job Center. The Workforce Investment Network (WIN) in Mississippi is an innovative strategy designed to provide convenient, one- stop employment and training services to employers and job seekers. It combines federal, state, and community workforce programs and services into physical locations and electronic sites. South Mississippi Contract Procurement Center. SMCPC provides assistance to Mississippi businesses in identifying and pursuing federal, state, and local government contracting opportunities through electronic bid matching. SMCPC also works with the business community in marketing themselves to these agencies, prime contractors, and other private and public companies. SMCPC assists businesses in becoming registered in CCR, Pro. Net, and ORCA, certified as 8(a), HUBZone, WBE, MBE, and any other programs of interest. Mississippi Development Authority. MDA provides services such as the Entrepreneur Center to foster investment in Mississippi businesses and industry. Counseling and professional assistance is also provided. It maintains extensive resource materials including demographic data, industry reports, census statistics, as well as maintaining several databases pertaining to resources throughout the state. The MDA also utilized the State of Mississippi. Services include counseling, workshops, and information services. Resources that are available include business plan development, market analysis, capital sources, technology transfer, federal grant information and other managerial and technical support services. Harrison, Hancock, and Jackson County. Development Commissions. These commissions promote and foster economic development in their respective counties. Service Corps of Retired Executives. SCORE is a nonprofit organization of working and retired business managers/owners and other professionals who provide free and confidential business counseling and mentoring to entrepreneurs. Small Business Administration. The SBA provides guaranty loans to finance start- up and existing small businesses, disaster loans for commercial and residential property, and procurement programs such as 8(a) and HUB Zone to help small businesses sell their goods and services to the federal government. Magnolia Business Alliance. The Magnolia Business Alliance (MBA) is a 5. C)6 not- for- profit corporation acting as a support organization and forum for the advancement of small and medium businesses in the southeastern U. S. Programs run by MBA include the Magnolia Minority Enterprise supporting minority- owned and - operated businesses; the Enterprise for Innovative Geospatial Solutions which nurtures and supports the growth of the geospatial technology small and medium enterprise cluster, and the Waveland Business Center which serves as a small business incubator. Mississippi Enterprise for Technology. The Mississippi Enterprise for Technology (MSET) is a private, non- profit 5. 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