NMIDA

What NMIDA does

NMIDA (North Mississippi Industrial Development Association) is a nonprofit regional economic development agency headquartered in West Point, Mississippi, established in 1951. It serves 29 counties in northeast Mississippi that fall within the Tennessee Valley Authority service territory, providing economic development consulting, site-selection support, business recruitment assistance, drone photography and videography, graphic design, video production, and research/data-mining services to local developers and communities. The organization operates as a one-stop regional resource for industrial prospects evaluating North Mississippi.

NMIDA's service portfolio includes a GIS-based interactive Sites & Buildings database that allows prospects to search available industrial sites and buildings across the region, the NOMAD-Rural Broadband initiative addressing rural connectivity, and the Center for Manufacturing Excellence workforce training program. Its underlying technology stack is light: a WordPress-based website, a third-party GIS portal hosted at a separate domain, and licensed-drone-operated photography/videography rather than autonomous systems.

The organization's business model is that of a member-funded nonprofit: NMIDA does not charge for its services and generates no commercial revenue from product or service sales. Operating funds come from contributions by the Tennessee Valley Authority and approximately 25 local electric power associations and municipal utilities across the region, who collectively form the funding base and Board of Directors. The organization is staffed by four full-time roles — Executive Director, Assistant Director, Marketing Coordinator, and Office Manager — supported by a board and TVA regional liaisons.

Name

NMIDA

Legal name

North Mississippi Industrial Development Association

Website

https://nmida.com

Company type

Private

Founded year

1951

Operating status

Operating

Headcount range

1–10 employees

Short description

NMIDA is a nonprofit regional economic development agency that supports business recruitment, site selection, and marketing services for local developers across 29 northeast Mississippi counties. It is funded by the Tennessee Valley Authority and roughly 25 local power companies and municipal utilities.

Ownership category

akta.pro rank

Headquarters

HQ city

West Point

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, Technology or R&D

Revenue model

1. TVA and Local Power Company Funding: NMIDA is a regional economic development agency funded by local power companies and the Tennessee Valley Authority (TVA) in North Mississippi. As a non-profit organization, they do not generate revenue through product or service sales but operate through funding contributions from their member utility organizations.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

NMIDA is a regional economic development agency that provides consultant outreach, site selection assistance, research, marketing, drone photography/videography, and graphic design services to support local developers and recruit/expand businesses across 29-30 counties in North Mississippi. The organization is funded by local power companies and the Tennessee Valley Authority (TVA), and serves as a collaborative resource for site selection, infrastructure data, and regional promotion within the TVA territory in Mississippi.

Product overview

NMIDA is a regional economic development agency offering a suite of services to support economic growth across North Mississippi. The core offering includes economic development consulting, research, and local developer support. Supplementary services include drone photography/videography and graphic design/video production for site marketing. The organization also maintains a GIS-based Sites & Buildings Database for property search and partners on the NOMAD Rural Broadband initiative. The portfolio is unified under the NMIDA brand, serving as a one-stop resource for businesses and developers seeking to locate or expand in the North Mississippi region.

Differentiator

Problem solved

Functional benefit

Brands

• NOMAD-Rural Broadband: Rural broadband initiative serving the North Mississippi region
• Center for Manufacturing Excellence

Products and services

• Economic Development Consulting Services Regional economic development agency providing consultant outreach, relationships, research and data mining to support local developers and economic development efforts across 29-30 counties in North Mississippi.

Quantifiable outcome

• Supports economic development across 29 northeast Mississippi counties
• +1 more outcomes

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

24 partnerships are on record, tiered core.

• Tennessee Valley Authority (TVA)coreStrategic or Co-development PartnerPrimary funding partner along with local power companies. TVA provides funding support and strategic alignment for economic development initiatives across the Tennessee Valley region.
• Northcentral Mississippi Electric Power AssociationcoreStrategic or Co-development PartnerLocal power company that provides funding support to NMIDA for economic development activities in the northcentral Mississippi region.
• City of Holly Springs Utility DepartmentcoreStrategic or Co-development PartnerLocal municipal utility that provides funding and support for economic development in Holly Springs and surrounding areas.
• Tippah Electric Power AssociationcoreStrategic or Co-development PartnerLocal electric power association providing funding support for economic development in Tippah County region.
• Alcorn County Electric Power AssociationcoreStrategic or Co-development PartnerLocal electric power association providing funding and support for economic development in Alcorn County.
• Tishomingo County Electric Power AssociationcoreStrategic or Co-development PartnerLocal power association providing funding support for economic development in Tishomingo County.
• Prentiss County Electric Power AssociationcoreStrategic or Co-development PartnerLocal electric power association providing funding support for economic development in Prentiss County.
• City of New Albany Light, Gas, and WatercoreStrategic or Co-development PartnerMunicipal utility providing funding support for economic development in New Albany.
• North East Mississippi Electric Power AssociationcoreStrategic or Co-development PartnerRegional power association providing funding and support for economic development in northeast Mississippi.
• Tallahatchie Valley Electric Power AssociationcoreStrategic or Co-development PartnerLocal power association providing funding support for economic development in Tallahatchie County.
• City of Oxford Electric DepartmentcoreStrategic or Co-development PartnerMunicipal utility providing funding support for economic development in Oxford and Lafayette County.
• Tombigbee Electric Power AssociationcoreStrategic or Co-development PartnerLocal power association providing funding support for economic development in the Tombigbee region.
• City of Tupelo Water and Light DepartmentcoreStrategic or Co-development PartnerMunicipal utility providing funding support for economic development in Tupelo, one of the largest cities in the region.
• Pontotoc Electric Power AssociationcoreStrategic or Co-development PartnerLocal power association providing funding support for economic development in Pontotoc County.
• Natchez Trace Electric Power AssociationcoreStrategic or Co-development PartnerRegional power association providing funding and support for economic development along the Natchez Trace corridor.
• City of Amory UtilitiescoreStrategic or Co-development PartnerMunicipal utility providing funding support for economic development in Amory.
• Monroe County Electric Power AssociationcoreStrategic or Co-development PartnerLocal power association providing funding support for economic development in Monroe County.
• City of Aberdeen Electric DepartmentcoreStrategic or Co-development PartnerMunicipal utility providing funding support for economic development in Aberdeen.
• 4-County Electric Power AssociationcoreStrategic or Co-development PartnerLocal power association serving multiple counties, providing funding and support for regional economic development.
• City of Starkville Electric DepartmentcoreStrategic or Co-development PartnerMunicipal utility providing funding support for economic development in Starkville.
• City of Louisville UtilitiescoreStrategic or Co-development PartnerMunicipal utility providing funding support for economic development in Louisville.
• East Mississippi Electric Power AssociationcoreStrategic or Co-development PartnerRegional power association providing funding and support for economic development in east Mississippi.
• Central Electric Power AssociationcoreStrategic or Co-development PartnerCentral power association providing funding and support for economic development in central Mississippi region.
• City of Philadelphia UtilitiescoreStrategic or Co-development PartnerMunicipal utility providing funding support for economic development in Philadelphia, Mississippi.

Scale indicators6 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• Global Location Strategies (GLS): A site-selection consulting firm serving corporate clients evaluating North American locations, directly comparable in activity (industrial recruitment support) but operating as a for-profit consultancy competing for the same corporate project pipeline that NMIDA's regional marketing targets.
• Greater Memphis Chamber: A regional chamber/EDO covering the Memphis metro that overlaps with NMIDA's service area in northwest Mississippi and DeSoto County, competing for similar logistics-driven, distribution, and manufacturing projects and operating a comparable business-recruitment model.
• McCallum Sweeney Consulting: A specialized site-selection and incentive-negotiation consultancy that competes with NMIDA in the same business-recruitment value chain by helping corporate clients evaluate and choose sites — including many in the Southeast — though operating as a paid advisory rather than a nonprofit.
• Golden Triangle Development Link: A regional economic development organization serving the Golden Triangle area of northeast Mississippi (Clay, Lowndes, Oktibbeha counties), operating with a similar nonprofit, county-funded model and overlapping industry targets and prospect pipeline as NMIDA.
• Site Selection Group: A corporate site-selection and incentive-strategy firm that performs the consultant outreach function NMIDA delivers in-house for its utility members; comparable business model (advising corporate end-users on where to locate) at national scale.

Others

• Appalachian Regional Commission (ARC): A federal-state economic development partnership funding infrastructure and workforce projects in parts of NMIDA's service area; thematically comparable as a regional development funder but with a different governance model and broader multi-state mandate.
• Area Development Magazine: A trade publication and consultancy-adjacent resource that serves as the primary industry information channel for industrial site selection; comparable ecosystem role but as an information/intermediary provider rather than a competing EDA.

Broad incumbents

• Mississippi Development Authority: The state-level economic development agency for Mississippi, with overlapping goals around business recruitment, site selection, and infrastructure marketing, but operating at a broader geographic scale and with substantially larger budget and staff than NMIDA's regional remit.
• Tennessee Valley Authority (Economic Development): TVA's economic development division supports the broader seven-state TVA service territory and is also NMIDA's primary funding/strategic partner; both share the same mission of regional industrial recruitment but TVA operates at a multi-state scale with federal backing.

Regional players

• Boyer Commercial / Boyette Strategic Advisors: Regional commercial real estate and site-selection advisory firms serving the Carolinas/Southeast with site identification and incentive negotiation comparable to NMIDA's offering, but operating in a different geography with a for-profit commercial brokerage model.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/2647315

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

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 NMIDA