NEBRASKA INCENTIVES
Whether you’re expanding or relocating your business, Nebraska has plenty of opportunities. ImagiNE is designed to meet the needs of expanding and re-locating businesses.
ImagiNE Your Business Needs Fulfilled
ImagiNE Nebraska is our redesigned incentives portfolio created with small and large businesses in mind. Whether you are expanding your business or relocating to Nebraska, let us help you ImagiNE the possibilities.
ImagiNE, a program that is:
- Simplified for ease of compliance
- Scaled for small to large businesses
- Designed to help you train and recruit talent
- Available statewide and throughout multiple industries
- Streamlined to help you save time and costs
Local and Regional Loan Programs
The Northeast Nebraska Economic Development District (NENEDD) and Northeast Economic Development Inc. (NED, Inc.) provides gap financing for businesses in 26 counties in northeast and north central Nebraska in conjunction with local banks. Loans typically range from $5,000 to $200,000 with terms not to exceed 20 years. Loans are earmarked for financing fixed assets such as land, building, equipment and working capital.
Many communities maintain a Revolving Loan Fund (RLF) for smaller projects in their community. Projects will vary and may include retail projects in most of our communities. Assistance varies but generally is used for building, equipment and working capital. Loans can vary from $5,000 to $200,000 if the community has adequate funds available.
Local Incentive Programs
The Cities of Albion, Columbus, Fullerton, and Schuyler have imposed a local sales tax to support economic development projects. These are local funds typically set aside to assist with land, building and start-up expenses for new and growing companies. Each community has adopted criteria for eligibility of funding assistance.
COLUMBUS ECONOMIC DEVELOPMENT PLAN
Economic Development Plan
LB-840 Application
Economic Development Contact:
TODD J. DUREN
Co-Chair Columbus Economic Council
VP of Corporate Services
Loup Power District
work: 402-562-5720
cell: 402-564-3386
tduren@loup.com