News

Nebraska economic development officials and business leaders today announced a matching $500,000 seed investment from Invest Nebraska, as part of the Nebraska Department of Economic Development Innovation Fund, to Phynd Technologies, a new innovative software firm that will soon launch a new solution for hospitals and health care providers.  Angel investors from Nebraska and Texas also invested an additional $1.4 million.

The Nebraska Department of Economic Development (DED) will conduct a public comment period from June 12- 26, 2013 for citizens to comment on the proposed 2011-2013 Qualified Action Plan amendment for the Nebraska Talent and Innovation Initiative (“Qualified Action Plan”).  The Qualified Action Plan sets forth the activities eligible for assistance under the Business Innovation Act, the Site and Building Development Act, and the Nebraska Economic Gardening Program.

The Nebraska Department of Economic Development (DED) has awarded the City of Lexington with $225,000 in Community Development Block Grant (CDBG) funding in the Tourism Development category to renovate the Majestic Theater.

Economic Developers, like fisherman, dream of landing a big one and today officials in northeast Nebraska announced that they have done so. This morning, state and local economic development, Chamber, and business professionals gathered to reveal that Cardinal Farms Aquaculture has chosen South Sioux City as the home of their $1 million fresh fish production facility.