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Nevada business, economics and economic development news.
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CARSON CITY — The Nevada Governor’s Office of Economic Development (GOED) board approved seven companies to receive $53 million in tax abatements. The companies in return are required to create more than 1,000 jobs in the next two years at an average weighted hourly wage of $28. The companies
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Grand opening gushers in new era of events, tourism for Churchill County By Steve Ranson / Nevada News Group FALLON — A vision. A plan. And now a state-of-the art venue. Local government officials and guests attended the grand opening and ribbon cutting on June 1 for the Rafter 3C Arena, which
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Photos by Eric Marks RENO — Reno Mayor Hillary Schieve is touting public art and blockchain technology as part of the U.S. Conference of Mayors, which brought to Reno hundreds of city leaders this weekend. Vice President Kamala Harris on Friday kicked off the event. Schieve welcomed council members to
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CARSON CITY — The USDA Rural Development Program this week announced a $9.6 million investment in Nevada businesses to help spur new business and grow existing businesses. The investment is part of a $640 nationwide investment covering 122 projects. In Nevada, the Ely-based Rural Nevada Development Corporation will use a
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CARSON CITY – Nevada’s Child Care and Development program this month opened pre-application submissions for existing child care providers looking to expand or build child care facilities in the state. Pre-applications will be accepted through June 9. Funding to help child care providers expand their operations to provide more slots
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WASHINGTON – A new federal program launched Monday will provide reduced cost internet services for households with little or no access to reliable broadband. The White House unveiled the program, which builds upon the Affordable Connectivity Program (ACP) and operates in partnership with 20 internet service providers. Households in urban, suburban
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CARSON CITY — The Governor’s Office of Energy this month shared news of tax abatements granted to five renewable energy projects in 2021. The abatements are intended to spur investment in capital and hiring to attract new companies to the state and encourage expansion. “Our [Renewable Energy Tax Abatement] program
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CARSON CITY — The Board of Directors for the Nevada State Infrastructure Bank this week passed regulations that will allow the bank to finance infrastructure projects. “These regulations will kickstart Nevada’s State Infrastructure Bank to create good-paying jobs while promoting environmental sustainability in all new infrastructure projects,” state Treasurer Zach
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CARSON CITY – A trio of state agencies alongside Amazon Web Services this week said they’d be partnering to launch a cloud computing training and certification program in Nevada that would help fill some of the thousands of open jobs in the industry. Economic models show about 9,600 cloud
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CARSON CITY – Nevada kept its standing so far this year as the best economy in the United States, according to State Policy Reports. The report ranks states based upon their latest performance including individual income growth, employment growth and population growth “Nevada’s economic situation is strong and on the
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LAS VEGAS – Seven homeowners this month were awarded a total nearly $43,000 for damages incurred from work by licensed contractors in the state. The payouts were approved at the March 17 Nevada State Contractors Board Residential Recovery Fund Subcommittee meeting. The committee meets at least every two months to
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CARSON CITY — Nevada’s steady decline in unemployment continued from January into February according to the latest data from the Department of Employment, Training and Rehabilitation (DETR). The state’s unemployment rate fell from 5.2% in January to 5.1% in February, and has dropped by 4.7 percentage
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CARSON CITY – Workforce Innovations for the New Nevada (WINN) this week received a $400,000 grant to expand the commercial driver’s license program at Western Nevada College. The funds were provided by the Governor’s Office of Economic Development (GOED). Since the onset of the COVID-19 pandemic, the shortage
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CARSON CITY — The board of Nevada’s Governor’s Office of Economic Development this week approved $16 million in tax abatements for six companies that will create 750 jobs in the state over the next two years. Officials said they expect that number of jobs to more than double over
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CARSON CITY — Nevada’s Treasurer Zach Conine this week said February was a record-breaking month for unclaimed property claims, with more than $31 million in claims initiated. It’s the highest amount the treasurer’s office has said they’ve seen in a 30-day period in Nevada history. Nearly 30,