The Business Retention and Expansion (BRE) Program creates discussion with existing businesses in Nebraska through personal interviews. These interviews provide important information on the local and state business climate that help shape the state economic development policies and programs.
Community Development Block Grants provide funding for projects to encourage the use of additional federal, state, and private resources. Communities receiving CDBG funds use those grants to provide decent housing, a suitable living environment, and expanded economic opportunities.
The Developing Youth Talent Initiative (DYTI) creates collaboration between Nebraska businesses and public schools. The DYTI exposes students to careers in Manufacturing and Information Technology (IT) to support a youth talent pipeline for these industries in the state.
The purpose of the microenterprise assistance program is to encourage and support the transfer of Nebraska-based technology and innovation in rural and urban areas of Nebraska in order to create high-growth, high technology businesses and to enhance creation of wealth and quality jobs.
The Middle Income Workforce Housing Investment Fund (MWHF) was created under the 2020 Middle Income Workforce Housing Investment Act (LB866). The program will provide matching grants to non-profit development organizations administering local workforce housing investment funds to invest in Nebraska’s older urban neighborhoods and majority minority communities in Douglas, Lancaster and Sarpy counties.
The National Housing Trust Fund (HTF) is an affordable housing resource for increasing and preserving decent, safe, and sanitary affordable housing for extremely low-income and very low-income households, including homeless families. HTF Funds in Nebraska focus on activities related to rental housing.
Nebraska Career Scholarships Program is a collaboration between the Nebraska Department of Economic Development (DED), Nebraska community colleges and Nebraska private nonprofit postsecondary institutions. This program will provide scholarships to students pursuing degrees in programs of study leading to high wage, high skill and high demand careers.
The Nebraska Film Office Grant is funded through the Nebraska Film Office Fund. These grants are intended to benefit the State of Nebraska through marketing of the state as well as job creation and economic development.
The Nebraska Rural Projects Act will provide matching funds to Nebraska nonprofit economic development organizations with projects to build new rail access business parks in counties of less than 100,000 people.
The Tax Cuts and Jobs Act of 2017 authorized the governor of each U.S. state and territory to nominate a certain number of qualifying census tracts as “Opportunity Zones.” The purpose of the program is to promote investment and drive economic growth in low-income and/or economically disadvantaged communities. Investors can subsequently create “opportunity funds,” which are used to spur economic growth in designated Zones and are eligible for tax incentives.
Continuity planning is an important consideration for any business, large or small. Taking time to plan for emergency situations and consider your response to a business interruption will help foster resilience and assist in recovery. The following resources are provided as a guide to the business continuity planning process.
The RWHF provides matching grants to reduce the cost of workforce housing in Nebraska’s rural communities. Workforce housing is housing that meets the needs of working families and is attractive to new residents locating in a rural community.
The purpose of the Shovel-Ready Capital Recovery and Investment Act (LB566) is to partner with the private sector by providing grants to qualified nonprofit organizations to assist such organizations with capital projects that have been delayed due to COVID-19 and that will provide a positive economic impact in the State of Nebraska.
The Urban Redevelopment Act will allow businesses looking to expand in or relocate to an Economic Redevelopment Area in Nebraska to earn tax credits for qualified investments and new full-time equivalent employees (FTEs).