Nebraska Enterprise Fund Targets Areas of Need
10 Mar 2023
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An agency with more than a quarter century of economic development experience in Nebraska is about to launch a new initiative that is expected to yield exponential growth for small businesses across the state.
Jim Reiff heads the Nebraska Enterprise Fund (NEF), and says the agency has seen some tremendous successes, but the best is yet to come as the State Small Business Credit Initiative (SSBCI) receives an influx of funding. The U.S. Treasury Department announced $64 million of SSBCI funds for the Nebraska Department of Economic Development in October 2022. The funds will be divided between a loan participation program and venture capital program. NEF is administering $10.5 million of the SSBCI loan program funds.
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Phelps County Development Corporation (PCDC) is committed to encouraging housing construction and renovation to bring workers and their families home to Phelps County. Many commuters earn their paychecks here but take that money home to surrounding counties. If those workers could move to Phelps County, our economy would be positively...
“Brick by Brick, Building the Community We Love.”
That is the theme for the Phelps County Development Corporation’s annual meeting from 11:30 a.m. - 1:00 p.m. on Tuesday, February 28, at JB’s Sports Bar & Grill.
PCDC Executive Director Ron Tillery said “Brick by Brick” symbolizes the importance...
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For more than 20 years Tim Rehm has been part of the PCDC team swinging for economic development home runs.
“I think what makes economic development unique is it always has an end, either you get a project or you don’t,” Rehm said. “You complete a project and then...
