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Site and Building Development Fund (SBDF)
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.
Eligible Applicants
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.
Eligible Activities
- 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.
Important Deadlines
Deadlines depend on funding availability. Work with DED to determine funding.
| Title | File Type | Date |
|---|---|---|
| SBDF Authorized Individual Form | Word | December 21, 2021 |
| SBDF Qualified Action Plan 2022-2023 | December 21, 2021 | |
| SBDF Qualified Action Plan 2024-2025 | November 29, 2023 |
Questions about the SBDF application process?
