The Site and Building Development Fund (SBDF) creates favorable conditions for improving the industrial readiness of the state.
It is a four-part legislative program aimed at advancing business innovation and strengthening workforce recruitment efforts in the state.
Projects must be taken on by a committed local development team, including a local economic development corporation. Local governments and Nebraska nonprofits are eligible.
Nonprofit organizations must:
- Provide IRS verification of 501(c)(3), 501(c)(4), or 501(c)(6) status.
- Obtain Certificate of Good Standing with the Secretary of State at time of application.
How the Program Works
- Initial offer.
- Business certification agreement process.
- Invitation to apply.
- Application process.
- Contract process.
- Drawdown award and reporting requirements.
We help with business relocation and expansion efforts.
- Land and building acquisition.
- Building construction or rehabilitation.
- Site preparation.
- Infrastructure development and improvements.
- Engineering and design costs.
- Technical assistance and planning.
- Pre-approved costs necessary for the development of industrial-ready sites and buildings.
Deadlines depend on funding availability. Work with DED to determine funding.