Areas Served: Statewide Nebraska The REAP Direct Loan product offers loans up to $50,000 for Nebraska businesses. Borrowers fill out an initial loan application, either online or manually, which serves as the pre-application for the REAP Direct Loan. If the pre-application is approved, for loans above $20,000, the borrower will complete a REAP Business Plan
Read MoreAreas Served: Scottsbluff and Morill County CDBG Community Development Block Grants – Administered by the Nebraska Department of Economic Development. – Applies to all communities in the Valley. – Must support job-creating activities for low- and moderate-income residents. – Funds are awarded to local governments to finance programs that accomplish these goals. Eligible businesses must
Read MoreAreas Served: Fillmore and York County This revolving loan fund can be used for projects that will significantly benefit rural areas by creating and retaining employment opportunities or provide necessary community facilities and services. Projects that can be considered will include medical or other emergency facilities; training and educational facilities; community infrastructure; small business start-up
Read MoreAreas Served: Valley County Valley County, Nebraska has several financing options that partner well with state economic development incentives for many business needs. Financial incentives for Valley County businesses are available through several programs that include the City Sales Tax for Economic Development, the Loup Valley Investment Club and tax increment financing to name a
Read MoreAreas Served: City of Scottsbluff & Gering The City of Scottsbluff and Gering, Nebraska administers an economic development program under Nebraska’s LB 840. This program provides a dedicated stream of sales tax revenue to be used for economic development projects which create jobs in and around Scottsbluff. Eligible businessses are involved in manufacturing, research/development, transporting
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