UNL Study Shows Success of Business Innovation Programs in Strengthening Entrepreneurship, Supporting Job Creation

A new study by the University of Nebraska-Lincoln (UNL) Bureau of Business Research confirms the strong—and rising—return on investment from the State’s Business Innovation Act (BIA) programs.

The report examined the overall economic impact BIA programs have had by empowering early-stage entrepreneurial ventures. BIA funds have generated $11.52 of private capital investment for every $1 awarded. Businesses participating in BIA programs have generated $15.90 of revenue per dollar of State investment. According to the UNL report, “these ratios are considerably larger than reported in earlier studies and represent the ability of Nebraska businesses to leverage BIA funding and generate revenue.”

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