INDUSTRIAL DEVELOPMENT REVENUE BONDS

The Department of Business and Industry administers the state's share of bonding authority for the issuance of tax-exempt private activity bonds to ensure the full utilization of tax-exempt bonding authority, as well as coordinating the allocation of bonding authority between competing state and local interests in a fair and equitable manner.

 

SILVER STATE OPPORTUNITIES FUND

As part of the Nevada Capital Investment Corporation program, the Silver State Opportunities Fund is operated by private equity fund managers who work with capital investment firms to invest in select companies and innovative businesses that will assist in the state's efforts to grow and diversify Nevada's economic base.  

 

NEVADA MICROENTERPRISE INITIATIVE

The program helps address and enhance the economic self-sufficiency and quality of life of low- to moderate-income individuals through entrepreneurial training and access to loans for news and expanding businesses.

 

NEVADA SMALL BUSINESS DEVELOPMENT CENTER 

This statewide resource for business assistance through the University of Nevada provides a mix of services, expertise and training for starting, operating and expanding a business. The center, with 11 locations throughout the state, also provides data about the economy, business environment and population demographics, as well as information and guidance for complying with environmental regulations.

 

STATE SMALL BUSINESS CREDIT INITIATIVE

The $13.8 million fund assists with the growth of small and micro-enterprise businesses.

 

NEVADA COLLATERAL SUPPORT PROGRAM

The intent of the Nevada Collateral Support Program is to supply cash collateral accounts to Nevada financial institutions to enhance the collateral coverage of borrowers. These accounts will cover all or a portion of a calculated collateral shortfall as determined by the lending institution. Borrowers with a collateral shortfall will apply for coverage through their financial institution that will then coordinate directly with Governor's Office of Economic Development (GOED).

 

NEVADA NEW MARKETS JOBS ACT

The purpose of the Act is to encourage capital investment in low-income communities and create new jobs in Nevada. The Nevada New Markets Tax Credit (NMTC) program is an alternative financing complement to conventional capital sources and is patterned after the Federal NMTC Program.

 

Last modified at 8/14/2017 16:16 by System Account