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The State of Nevada offers a variety of incentives to help qualifying companies make the decision to do business in the state, including sales tax abatements on capital equipment purchases, sales and use tax deferral on capital equipment purchases, abatements on personal and modified business taxes, real property tax abatements for recycling ...
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Jan 20, 2021 · CARSON CITY, Nev. – Today, the Nevada State Treasurer’s Office and the Governor’s Office of Economic Development (GOED) released an update on the Pandemic Emergency Technical Support (PETS) Grant program.
Oct 11, 2022 · On March 11, 2021, President Biden signed The American Rescue Plan Act, which reauthorized and funded the State Small Business Credit Initiative (SSBCI). Nevada’s Program will receive an initial tranche of $35 million and is overseen by the Governor’s Office of Economic Development (GOED).
The Nevada Local Emerging Small Business (ESB) program is designed to encourage the development and growth of small businesses in Nevada. The program seeks to assist small businesses in obtaining work with state and local government
- Economic Injury Disaster Loan
- Shuttered Venue Operators Grant
- Restaurant Revitalization Fund
- SBA Debt Relief
- Coronavirus Food Assistance Program 2
- Cobra Premium Assistance
- Pandemic Assistance from State and Local Governments
Also known as EIDL, this is another program overseen by the SBA and provides economic relief for small businesses as well as nonprofits that have suffered from a temporary loss of revenue. The assistance can be used to pay for financial obligations or operating expenses that a business would have been able to cover on its own had the pandemic not o...
Known as SVOG for short, this program was amended by the American Rescue Plan Act and provides more than $16 billion in grants to venues that have been closed due to COVID-19. Of that number $2 billion is set aside for smaller operations with 50 employees or less. Applicants that qualify for the program will receive grants equal to 45% of their gro...
This $26.5 billion fund was established by the American Rescue Plan Act for food and drink establishments. The program, which will be awarded by the SBA, will set aside $5 billion of its funds for smaller businesses with gross revenues of less than $500,000. There will be a cap of $10 million for each business, including $5 million for each physica...
The SBA Debt Relief Program provides financial assistance for borrowers of three types of SBA loans: 1. 7(a) 2. 504 3. Microloans As part of the program, the SBA will pay six months of principal, interest, and any associated fees owed by borrowers for such loans that are in “regular servicing status.” The assistance will be automatically provided w...
This program is administered by the USDA and was re-launched on April 5 after signups ended on Dec. 11. The program provides financial assistance to farmers, ranchers and other producers to absorb increased costs from market disruptions caused by the pandemic. Assistance is based on the type of commodities grown or raised by farmers and ranchers. C...
This program provides insurance assistance to employees who lost their coverage and the subsidy will come in the form of a payroll tax credit for employers. As part of the American Rescue Plan Act, the Department of Labor announced on April 7 that the federal government will provide eligible employees who lost their healthcare coverage a 100% subsi...
Several state and local governments provided pandemic assistance during the initial round of federal funding and the passage of the American Rescue Plan Act is no different. In Northern Nevada, local governments such as Reno, Sparks and Washoe County were in the middle of assessing new assistance plans as of early April. Here is the status of the v...
made to Nevada small businesses in 2021! Whether it was creating a resiliency plan, navigating options for nancing, reworking a marketing plan, or establishing new operations systems, Nevada SBDC advisors once again stepp. up to actively help Nevada businesses. In 2021, more than 5,000 small businesses utilized and bene ted from the profess.
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Jan 24, 2021 · With $51 million having been allocated to Nevada small businesses as part of the Pandemic Emergency Technical Support Grant program, Gov. Steve Sisolak is asking the Legislature to...
