The importance of a diversified economy has never been clearer than in the aftermath of the COVID pandemic. Economic development agencies have an important role to play in bringing companies to Nevada and helping create that diversification. Recently, executives representing this industry met in a virtual roundtable, sponsored by City National Bank, to discuss these vital … [Read more...] about Industry Focus
Nevada Governor’s Office of Economic Development (GOED)
GOED Announces Winners of Rural Nevada Startup Pitch Competition
CARSON CITY, Nev. – New Tech Products of Amargosa Valley won the first Rural Nevada Startup Pitch Competition held earlier this month. “I would like to congratulate Bruce Crater’s company for putting together the winning pitch,” said Michael Brown, Nevada Governor’s Office of Economic Development (GOED) Executive Director. “The concept of this competition was to develop an … [Read more...] about GOED Announces Winners of Rural Nevada Startup Pitch Competition
Around the StateOctober 2020
GOED Approves Tax Abatements for Companies The Nevada Governor’s Office of Economic Development (GOED) Board of Directors has approved abatements for Lithium Nevada Corp. and Google that are expected to result in $1.1 billion in investments, the creation of 163 permanent jobs and 5,300 construction jobs. Google was approved for a 2 percent sales tax abatement for 20 years, … [Read more...] about Around the State
Around the StateJuly 2020
GOED Approves Workforce Development Program The Nevada Governor’s Office of Economic Development (GOED) Board of Directors has approved a grant to the College of Southern Nevada (CSN) for an advanced manufacturing rapid response program. The grant is for $2 million and is expected to expand skilled training offerings in southern Nevada by expanding and accelerating the … [Read more...] about Around the State
GOED Partners with Nevada Organizations to Create Statewide Initiative to Support Rural Nevada Entrepreneurship
Elko, Nev. – The Nevada Governor’s Office of Economic Development (GOED) is partnering with other government entities, higher education institutions, business leaders and start-up resources in a new statewide initiative to foster entrepreneurship in Nevada’s smaller cities and towns. A Rural Entrepreneurship Workshop will be held on Nov. 7 from 9:30 a.m. to noon at the Great … [Read more...] about GOED Partners with Nevada Organizations to Create Statewide Initiative to Support Rural Nevada Entrepreneurship
Around the StateMay 2019
City National Bank Becomes a Founding Partner of T-Mobile Arena T-Mobile Arena and the MGM Grand Arena have reached a multi-year agreement with City National Bank to establish the bank as a founding partner for the venue. City National has been named the exclusive financial services partner for both T-Mobile and MGM Grand Garden arenas and will have a large-scale branding … [Read more...] about Around the State
Around the StateMarch 2019
GOED Awards Grants to Revitalize Nevada Main Streets The Nevada Governor’s Office of Economic Development (GOED) has awarded almost $100,000 in grants to help fund six projects around the state to revitalize main streets. White Pine County, Gardnerville, Lovelock, Wells, Humboldt and Downtown Reno all received funds ranging from just over $1,500 to $35,000. The grants are … [Read more...] about Around the State
The Full Focus: Economic Development in Nevada
In 2012, The Silver State released “Moving Nevada Forward: A Plan for Excellence in Economic Development,” a three-year roadmap for continuing to advance from post-recession doldrums and a 12 percent unemployment rate toward “a vibrant, innovative statewide economy,” Gov. Brian Sandoval wrote in the document. Since the plan was released, Nevada’s leadership and … [Read more...] about The Full Focus: Economic Development in Nevada
Manufacturing: Organizations Work to Bolster Industry
A major focus of the state’s economic development organization and other agencies throughout Nevada is growing and supporting the state’s manufacturing industry, and their efforts continue to bear fruit. “There are so many people working right now, from the governor all the way down, to make sure we provide workforce and housing and stimulate the economy in ways that have … [Read more...] about Manufacturing: Organizations Work to Bolster Industry
Workforce Issues
As Nevada claims the distinction of having the highest private sector job growth in the country, according to the Nevada Department of Employment, Training and Rehabilitation (DETR), decision makers are focusing on how the Silver State can best respond to workforce needs in an ever changing and diverse economy. “The economy is diversifying based on the economic development … [Read more...] about Workforce Issues
Unmanned Aerial Vehicles: Cultivating a New Industry in Nevada
Seeking to benefit from the anticipated, widespread commercial use of the unmanned aerial vehicle (UAV) nationwide, Nevadans have been working diligently to cultivate an industry around this type of aircraft. Integration of unmanned aerial vehicles into the U.S. would create more than 100,000 jobs and have an economic impact of $82 billion nationally by 2025, estimated the … [Read more...] about Unmanned Aerial Vehicles: Cultivating a New Industry in Nevada