Microenterprise Assistance Program

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 the creation of wealth and quality jobs. Eligible applicants include Internal Revenue Service (IRS) designated 501(c)(3) non-profit organizations located within the State of Nebraska. Such applicants must demonstrate statewide coverage of services.

Micro-Lending Program – Up to $1,477,000* awarded annually (in Fall) for next calendar year to provide business micro lending in distressed areas

Micro-Technical Assistance Program – Up to $1,477,000* per year awarded in bi-annual contract (two-year agreement) to provide technical assistance in rural and urban distressed areas of Nebraska

*Program budget subject to change per legislative approval

• Micro-TA Guidelines
• Micro-Lending Guidelines

Current Contracted Providers:

• Catholic Charities — provides technical assistance, business training, and financing through micro-lending.
• Community Development Resources (CDR) — provides capital, technical assistance, and training opportunities for small businesses in the State of Nebraska.
• Grow Nebraska – provides business training, technical assistance, promotion, and marketing opportunities.
• Nebraska Enterprise Fund – provides training and mentoring, direct micro-lending, and loan guarantees.
• Northeast Nebraska Economic Development District—provides business loans.
• Center for Rural Affairs (CFRA) – provides technical assistance, business training, and financing through micro-lending.
• Lending Link – provides small business loans through micro-lending.
• McCook Economic Development Corporation – provides small business loans through micro-lending.