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Department of Economic Development Announces Funding Recipients Under the Shovel-Ready Capital Recovery and Investment Act
24 Jun 2022
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The Nebraska Department of Economic Development (DED) has announced the recipients of $115 million in grant funding under the Shovel-Ready Capital Recovery and Investment Act (LB566).
Introduced during the 2021 Legislative Session and signed into law by Governor Pete Ricketts, the Shovel-Ready program allocated state and federal funds to support the resumption of nonprofit capital projects delayed due to COVID-19, and which are anticipated to have a positive economic impact in Nebraska.
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The City of Beatrice has a significant history of recruiting new businesses and assisting existing businesses to help its citizens prosper through economic stability and viability.
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