February 2013: Around the State

Business News from around Nevada: February 2013Southern Nevada Businesses Expect a Better 2013

According to the Southern Nevada Business Confidence Index, compiled by UNLV’s Center for Business and Economic Research, Southern Nevada businesses’ expectations are improving. The report found that, after two quarters of declining expectations, the index rose from 101.5 to 106.1 for the first quarter of 2013. The index is based on a survey of Southern Nevada businesses.

Economic Injury Disaster Loans Available to Nevada Businesses

All Nevada counties are now eligible to apply for economic injury disaster loans from the U.S. Small Business Administration. The loans are to help offset losses caused by the drought which began in September of last year and are open to small, non-farm businesses throughout the Silver State. The Economic Injury Disaster Loans are available up to $2 million. The deadline for applications is September 9th of this year.

GOED and DRI Working to Improve Nevada’s Growth Strategy

The Governor’s Office of Economic Development (GOED) and the Desert Research Institute (DRI) are working with IBM to evaluate the capabilities of big data analytics and advanced research applications in Nevada’s higher education system. The program will serve as a basis for a new public/private collaboration to help drive workforce and economic development. DRI’s research scientists are using IBM’s PureSystems family of systems to analyze, visualize and model environmental data with the goal of improving research capabilities.