Get Nebraska Growing Initiative
In response to the COVID-19 pandemic, the state of Nebraska has several new grant programs totaling $387 million in available funds to encourage growth in Nebraska’s economy again. A brief description of each new program, eligibility, and application requirements, as well as helpful links to guide the process in detail can be found below.
2020 Small Business Stabilization Grant:
For Small Businesses
A small business that has endured closure, loss of revenue, or loss of employment is eligible for a $12,000 grant if the business is Nebraska-owned and employs 5 to 49 workers as of March 13, 2020. All industries are eligible except: Mining, Utilities, Finance and Insurance, Management of Companies & Enterprises, Educational Services, Public Administration, and Lobbyist and Political Organizations. Grant funds may be used as working capital to pay for operational expenses. The grants will be disbursed on a first come, first served basis. It should be noted the names of grant recipients will be made public.
Deadline: Eligibility forms and applications are currently being accepted and must be submitted no later than June 26, 2020.
For Livestock Producers
A livestock producer that has endured closure, loss of revenue, or loss of employment is eligible for also eligible for a $12,000 grant if the producer is Nebraska-owned, maintains at least 20 animal units, generates two-thirds of gross income from farming or ranching, and employs 1 to 10 workers as of March 13, 2020. Eligible livestock producers include: beef cattle farming, dairy cattle and milk production, hog and pig farming, poultry and egg production, and sheep farming. T he grants will be disbursed on a first come, first served basis. It should be noted the names of grant recipients will be made public.
Deadline: Grant applications for Livestock Producers have been temporarily paused. Beginning June 22, 2020, eligibility forms and applications will be accepted and must be submitted no later than July 1, 2020.
In order to begin the application process, a Nebraska business must complete the Eligibility Certification Form online. Once the State determines the business is preliminarily eligible, an eligibility confirmation number will be provided along with a link to the grant application. The grant application must then be submitted along with the eligibility confirmation number and any required supporting documents before the appropriate deadline.
Gallup Business Leadership Training Grant:
For those Nebraska businesses with less than 500 employees, the State is offering a leadership training program, with the hope of driving organic growth through human development. The program provides a 30-week online course that will teach techniques that will enable leaders to overcome the economic barriers in place as a result of COVID-19. One person per company is eligible if the business has less that 50 full‑time employees and up to 2 people per company are eligible for companies with 50-500 full-time employees. Factors the Department of Economic Development will consider when choosing applicants include: accurate verification of business information provided by each applicant, the number of full-time employees, the impacts of COVID-19 on the business, and the availability of a reliable internet connection. The names of grant recipients will be made public.
Deadline: Applications open on June 22, 2020 and must be submitted no later than July 2, 2020.
* The information contained in this document is provided for informational purposes only. It should not be construed as business, legal, accounting, tax, financial, investment or other advice on any matter and should not be relied upon for such.
The information in this document may not reflect the most current developments as the subject matter is extremely fluid and may change daily. The content and interpretation of the issues addressed herein is subject to revision. Koley Jessen, P.C., L.L.O. disclaims any and all liability with respect to actions taken or not taken based on any or all of the contents of this document to the fullest extent permitted by law. Do not act or refrain from acting upon the information contained in this document without seeking professional or other advice.