Small business program designed to create jobs
LINCOLN, Neb. — The State Small Business Credit Initiative from the U.S. Treasury Department that Nebraska recently received is designed to create jobs, and help startups and existing businesses to grow and thrive.
Nebraska’s Department of Economic Development received $4.48 million from the treasury to fund the program. It is the third installment the state has received since 2001 under a federal program of a total $13.2 million dedicated to jobs and businesses in the state.
Gov. Pete Ricketts praised the initiative that will help the state’s economy prosper.
Various businesses will benefit from the funds including some that develop and sell things like medical devices, tools, storage tanks and other materials. The businesses are spread around the state in various industries.