Mississippi Economic Development Council

What Mississippi Economic Development Council does

Mississippi Economic Development Council (MEDC) is a non-profit, membership-based professional association serving economic development practitioners, chambers of commerce, utilities, manufacturers, legal firms, and government entities throughout the state of Mississippi. Founded in 1953 and headquartered at 1675 Lakeland Drive, Suite 502 in Jackson, MEDC positions itself as the unified voice for economic development and chamber stakeholders across the state through three explicit mandates: educate, inform, and connect.

MEDC's product surface is anchored by an annual conference (EXCHANGE), the Women's Summit, a Legislative Reception, and the Emerging Leaders Fellows Program, supplemented by the MS Prospects Podcast, a MEDC Economic Development Handbook, a searchable business directory with interactive member map, a job bank, and four named scholarship programs (Blake Wilson Chamber Professional Scholarship, Jimmy and Ray Heidel Economic Development Leadership Award established 1995, Brenda H. Lathan Scholarship for Women in Economic Development established February 2020, and broader tuition assistance for True South, Chamber Institute, Community Development Institute, and Economic Development Institute courses). The organization is governed by a Board of Directors with regional representation and is staffed by 1-10 personnel.

Revenue is generated through recurring membership dues paid by Enhanced Members, standard Members, and Honorary Life Members, supplemented by event registration, program fees, and corporate sponsorship arrangements; pricing is not publicly disclosed. Long-tenure financial sponsorship from Cooperative Energy, Entergy Mississippi, Mississippi Power Company, and Mississippi Development Authority has supported the scholarship program since 1994, and flagship partnerships span Mississippi Development Authority, AccelerateMS, Tennessee Valley Authority, Cooperative Energy, Mississippi Tourism Association, and Mississippi Main Street Association. There is no disclosed technology product, API, or proprietary platform; MEDC operates as a relationship-driven professional association rather than a technology vendor.

Name

Mississippi Economic Development Council

Legal name

Mississippi Economic Development Council, Inc.

Website

https://medc.ms

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

1–10 employees

Short description

Mississippi Economic Development Council (MEDC) is a Jackson-based, non-profit professional membership association that educates, informs, and connects economic developers, chambers, utilities, manufacturers, legal firms, and government entities statewide via conferences, scholarships, advocacy, and the EXCHANGE annual event.

Ownership category

akta.pro rank

Headquarters

HQ city

Jackson

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Membership Dues: MEDC operates as a membership-based organization with various membership categories including Enhanced Members, standard Members, and Honorary Life Members. The organization serves economic development professionals, chambers of commerce, local/regional economic development entities, utilities, legal firms, manufacturers, and government/education institutions across Mississippi.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

Mississippi Economic Development Council (MEDC) is a non-profit professional membership association that serves as the unified voice for economic development professionals, chambers of commerce, and related stakeholders across Mississippi. It delivers networking events, professional development scholarships, recognition awards, advocacy, and member resources including the MS Prospects Podcast, Economic Development Handbook, Job Bank, and Business Directory.

Product overview

Mississippi Economic Development Council (MEDC) is a professional membership organization for economic development practitioners, not a technology product company. The organization offers a unified membership platform providing networking, advocacy, professional development, scholarships, awards programs, events (including EXCHANGE annual conference, Legislative Reception, and Women's Summit), a business directory/job bank, the MS Prospects Podcast, and an Economic Development Handbook. The organization connects economic development professionals across Mississippi through various programs and services.

Differentiator

Problem solved

Functional benefit

Products and services

• MEDC Membership Services Core membership offering providing networking, advocacy, and professional development resources for economic development professionals, chambers, utilities, manufacturers, legal firms, and government entities across Mississippi. Membership categories include Enhanced Members, standard Members, and Honorary Life Members.
• MEDC Scholarship Program Educational scholarship program providing tuition assistance for economic development training courses including True South Economic Development Course, Chamber Institute, Community Development Institute, and Economic Development Institute. Available to professionals and volunteers working in community and economic development across Mississippi.
• EXCHANGE Annual Conference

Named customers5 records

Segments7 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered core and flagship.

• AccelerateMScoreStrategic or Co-development PartnerPartnership between AccelerateMS and MEDC to strengthen workforce development alignment with evolving industry needs in Mississippi. AccelerateMS believes a thriving workforce is the foundation of a strong economy, and the partnership ensures Mississippi's workforce is prepared for future opportunities.
• Mississippi Tourism AssociationcoreStrategic or Co-development PartnerPartnership between Mississippi Tourism Association and MEDC to align efforts in telling Mississippi's story, multiplying impact by attracting visitors, growing businesses, and enhancing quality of life. Tourism is viewed as economic development and the front door to broader investment and growth.
• Mississippi Main Street AssociationcoreStrategic or Co-development PartnerPartnership between MMSA and MEDC for true, sustainable community revitalization. MMSA adheres to a Four Point approach including Economic Vitality as a contributing factor to quality of place, with considerable missional overlap between organizations.
• Cooperative EnergycoreStrategic or Co-development PartnerPartnership reflecting Cooperative Energy's commitment to growing stronger, more resilient communities across Mississippi. Together empowering local economies, supporting job creation, and driving long-term prosperity.
• Tennessee Valley AuthoritycoreStrategic or Co-development PartnerCollaboration between TVA and MEDC furthers shared commitment to fostering economic growth and enhancing quality of life for communities served. Together leveraging resources and expertise to create and support development opportunities for the region.
• Mississippi Development AuthorityflagshipStrategic or Co-development PartnerMajor sponsor of MEDC events and initiatives. Mississippi Development Authority (MightyMS) is featured as a primary sponsor on the MEDC website, representing the state's economic development agency.
• C SpirecoreGTM or Marketing PartnerFeatured sponsor on MEDC website. C Spire is a technology solutions company providing wireless, fiber, and business services in Mississippi.
• Butler Snow LLPcoreGTM or Marketing PartnerFeatured sponsor on MEDC website. Butler Snow is a law firm providing legal services for economic development projects, incentives, and real estate transactions.
• Greater Jackson AlliancecoreGTM or Marketing PartnerFeatured sponsor on MEDC website. Regional economic development organization for the Greater Jackson area.
• Area Development PartnershipcoreGTM or Marketing PartnerFeatured sponsor on MEDC website. Regional economic development organization.

Scale indicators1 record

Recent moves6 records

Expansion highlights4 records

Direct peers

• International Economic Development Council: National professional association for economic developers. IEDC is the umbrella organization for state and local EDAs like MEDC, offering similar programming in training, certifications, advocacy, and conferences, making it the closest direct peer in mission and member services.
• Council for Community and Economic Research: Membership association of community and economic development researchers, analysts, and practitioners. C2ER shares MEDC's professional development and data dissemination focus, serving a comparable economic development practitioner audience through conferences, training, and publications.
• Main Street America: National organization supporting commercial district revitalization through a network of local programs. MEDC directly partners with Mississippi Main Street Association, and Main Street America's affiliate network model mirrors MEDC's role as a state-level convener for community economic development.
• Council of Development Finance Agencies: National association dedicated to development finance agencies and economic development finance professionals. CDFA shares MEDC's mission of advancing economic development practitioner expertise through training, networking, and policy advocacy, with comparable membership-driven revenue model.

Regional players

• Mississippi Economic Council: State chamber of commerce for Mississippi. MEC operates as a broader business advocacy organization in the same state as MEDC, with overlapping membership among manufacturers and utilities but a wider business-focused mandate rather than economic development specialization.

Broad incumbents

• National Association of Counties: National organization representing county governments. Many MEDC members are county economic development authorities, and NACo addresses overlapping county-level economic development and workforce policy from a broader governmental mandate rather than a professional association focus.
• U.S. Chamber of Commerce Foundation: Nonprofit affiliate of the U.S. Chamber of Commerce focused on workforce, education, and economic opportunity initiatives. Operates a broader portfolio overlapping MEDC's workforce and economic development mission but at a national scale and with corporate rather than association membership model.

Emerging players

• National Civic League: Nonpartisan civic organization promoting community democracy and equitable development. Shares MEDC's nonprofit membership-driven mission of strengthening local governance and economic vitality, though with a national rather than state-level operational scope.
• Tennessee Valley Authority Economic Development: Federal economic development program serving TVA's seven-state region including Mississippi. TVA is itself a MEDC strategic partner, and its regional economic development activities directly overlap with MEDC's workforce, site selection, and community development programming across the same geography.

Others

• National Association of Regional Councils: Membership association for regional councils and metropolitan planning organizations. NARC addresses adjacent issues of regional economic development planning and infrastructure that intersect with MEDC's local economic development mission, but operates at a regional council rather than chamber/EDA level.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/medcinfo
• Facebookfacebook.com/medcinfo
• LinkedInlinkedin.com/company/mississippi-economic-development-council

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mississippi Economic Development Council