More than $4.4 million available to spur new lending to Nebraska businesses and create jobs « Back to Search Results
The Nebraska Department of Economic Development (NDED) announced today that the state has received its third and final installment of $4,477,239 to assist with new business development, job creation and angel investments through the U.S. Treasury Department’s State Small Business Credit Initiative (SSBCI).
The state was awarded a total of $13,168,350 in October 2011 to create the Nebraska Progress Loan Fund (administered through NDED), and the Nebraska Progress Seed Fund (administered through Invest Nebraska). Invest Nebraska, a partner of NDED, is a private non-profit venture development organization focused on early stage high-impact companies in Nebraska and growing the state’s economy.
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