Nevada

Nevada offers a variety of programs to support small business growth, from access to loans and capital through the State Small Business Credit Initiative (SSBCI) to tax abatements for qualifying businesses. Programs like the Battle Born Growth Microloan Program and the Collateral Support Program provide essential funding options, while additional resources support businesses pursuing government contracts and specialized certifications.

Nevada State Small Business Credit Initiative (SSBCI)

• Purpose: Provides loans and investments to help small businesses grow.
• Eligibility: Small businesses in Nevada seeking capital for expansion.
• Benefit: Access to loans and venture capital funding.
• Application process: Apply through the Governor's Office of Economic Development (GOED).
• More info: Includes microloan programs and Battle Born venture funding.

Nevada grants for small businesses

For Nevada grants for small businesses, the SSBCI offers critical financial support, including loans and investments, making it easier for small businesses to access the capital needed for growth.

Other relevant programs in Nevada

• Battle Born Growth Microloan Program: Connects small businesses with local community lending organizations, offering loans up to $250,000. Part of the SSBCI program, with applications processed through local lenders.
• Collateral Support Program: Assists businesses that lack sufficient collateral for conventional financing by providing cash collateral deposits with participating lenders, enabling loan access.
• Standard Abatements: Offers tax abatements, including sales and use tax, modified business tax, and personal property tax, for businesses meeting specific wage, investment, and job creation criteria. Applications go through GOED.
• Data Center Abatements: Provides up to 10- or 20-year tax abatements on sales, use, and personal property taxes for data centers meeting job creation, wage, and investment thresholds.
• Nevada APEX Accelerator: Supports Nevada businesses in navigating government contracting processes, providing assistance through GOED.
• Emerging Small Business (ESB) Certification: Offers certification that can help small businesses access contracts and other opportunities within Nevada’s marketplace.