Incentives Directory

Research and Development Advantage

Research and Development Advantage

Any business in Nebraska that makes expenditures on research and development as defined in Section 174 of the Internal Revenue Code of 1986 is allowed a research tax credit under terms of the Nebraska Advantage Research and Development Act. The credit amount is 15 percent of the federal credit allowed under Section 41 of the Internal Revenue Code or as apportioned to the state as described below. The credit shall be allowed for the first tax year it is claimed and for the four tax years immediately following.


An important feature to highlight is that a business with little or no income may take advantage of the income tax credit by receiving a sales tax refund or a refundable income tax credit.


Category: State Incentives

More State Incentives

When local funds may be limited in their CDBG reuse loan program, the State may provide additional CDBG loan funds based on specific criteria relating to the investment needed and its purpose along with the amount and level of job creation.   Learn More
Nebraska Customized Job Training Advantage provides a flexible and discretionary job training program with grants from $800 to $4,000 per qualified new job. Additional grant funds may be available for new jobs created in rural and high poverty areas. Customized training officials at Southeast Communit... Learn More
The Intern Nebraska (InternNE) program connects college students and employers from across the state and provides grants to match up to half of the interns’ wages.  Interns gain valuable business experience that will help them in future careers, while successful internships help businesses develop tomorrow’... Learn More
This manufacturing equipment sales tax exemption provision relieves manufacturing machinery, equipment and related services from sales tax.  This is broadly defined to include:   -Equipment for transporting raw materials or components -Molds and dies for forming cast or injected products or its packaging materials -Machinery to maintain the integrit... Learn More
Microenterprise Tax Credit Advantage This tax credit provides a 20 percent refundable investment tax credit to micro-businesses on new investments in targeted communities. Applicants may qualify for a maximum of $10,000 throughout the life of the program. The credit is geared to companies with five o... Learn More
The Nebraska Advantage Package is Nebraska’s comprehensive economic development incentives that meet the needs of an expanding or relocating business. Any business activity other than retail qualifies.   Highlights of Nebraska Advantage include the following:   -Tax credits and sales tax refunds based on flexible, six-tier investment and jo... Learn More
The Nebraska Worker Training Program provides grants to assist firms in the retraining and upgrading of existing employees. Use of program funds is extremely flexible with the type and length of training program and training vendors and materials at the discretion of the company.   Learn More
The Rural Development Advantage amends the Employment Expansion and Investment Incentive Act (formerly LB 608 passed in 2003). It provides qualified businesses with refundable tax incentives for projects that create two new jobs and investment of $125,000 in counties with less than 15,000 residents, village... Learn More