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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.
Eligibility Information
Legislative Bill 644 (2025) (codified as Neb. Rev. Stat. § 77-3,114) prohibits foreign adversarial companies from receiving benefits under an incentive program of the State of Nebraska. Prior to applying, please see Memo 25-04 Foreign Adversarial Company, found also in the Guidance Documents section. Applicants meeting the definition of foreign adversarial company will not be approved for benefits. See the final reading of LB644 for more information.
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.
Program Resources
| Title | File Type | Date |
|---|---|---|
| Foreign Adversary Company Form | October 27, 2025 | |
| MEMO 25-04: LB 644 (2025) Foreign Adversarial Company | October 22, 2025 | |
| 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?
