Governor's Cup Wins in a Row
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Study: Nebraska innovation grant program successful
27 Aug 2018
A study from the Bureau of Business Research at the University of Nebraska-Lincoln shows that the state saw a good return on aid it provided to early stage companies.
According to the study, the Nebraska Business Innovation Act grant program provided about $22.5 million to early stage companies in 2016 and 2017. Those companies went on to raise $100.3 million in capital while generating $100.6 million in revenue.
Businesses participating in the study also created 630 new jobs with annual wages totaling $32.6 million, while generating a nearly $328.4 million statewide economic impact.
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Gov. Ricketts hosts SBA Administrator Linda McMahon at the Third Annual Governor’s Economic Development Summit.
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State Grant Program Provides Big Return on Investment for Early-Stage Businesses, Study Finds
Aug 17 2018Small and early-stage businesses that received assistance under the Nebraska Business Innovation Act (BIA) grant program in 2016-2017 saw an average $4.46 return for every dollar in state funding received, a new study conducted by the University of Nebraska-Lincoln (UNL) Bureau of Business Research finds.
The study was conducted on behal...
