Areas Served: City of Albion
The City of Albion offers a revolving loan fund for businesses in Albion, Nebraska.
Eligible activities include, but are not limited to: 1. The purchase of real estate, options for such purchases, and the renewal or extension of such options; 2. Public works improvements essential to the location or expansion of a qualifying business; 3. Expenses for locating a qualifying business into the area or an existing business to a more suitable location; 4. Job creation incentives; 5. Grants to qualifying businesses; 6. Loans to qualifying businesses; 7. Loan guarantees to qualifying businesses; 8. The provisions of technical assistance such as marketing assistance, management, counseling, preparing business plans, engineering assistance, etc.
; 9. Job training grants or agreements; 10. Tourism related activities; 11. Payment of salaries to implement the Economic Development Program or the contracting of such to an outside entity; 12. All other activities allowed by law, both now and through future amendments to the Local Option Municipal Economic Development Act.
Contact InformationCity of Albion, Nebraska
Address: 222 S 4th St
City: Albion
State: Nebraska
Website:
http://www.boone-county.org/files/AEDC%20LOAN%20FUND%20GUIDELINES%20and%20APPLICATION.doc
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