First Ever Northern Nevada Construction Career Day a Success Sponsored by the Nevada Construction Collaborative, the first ever Northern Nevada Construction Career Day was attended by over 600 middle and high school students. Students were bussed in from Washoe, Lyon, Douglas and Carson counties and experienced hands-on demonstrations of various construction trades. The … [Read more...]
Around the State: November 2016
Nevada Awarded $283,000 for Export Expansion The U.S. Small Business Administration (SBA) has pledged $18.85 million to support export growth for small businesses and Nevada has been awarded $283,000 of the total. The funds were awarded through SBA’s State Trade Expansion Program (STEP) and the Nevada Governor’s Office of Economic Development (GOED) has been awarded the grant … [Read more...]
GOED Announced Seminars for Step Grant Funding, Online Application Submissions
LAS VEGAS – The Governor’s Office of Economic Development (GOED) has been awarded $300,000 through the State Trade Export Promotion Grant (STEP) program administered by the U.S. Small Business Administration to help fund ongoing initiatives in the countries of the People’s Republic of China and Poland. Through this award, GOED will be hosting two seminars, one in the north and … [Read more...]
TMC Financing Provides SBA 504 Loan to Castle Rock Construction
Castle Rock Construction, a Las Vegas-based construction firm, has purchased a new building at 4865 Nevso Avenue in southwest Las Vegas. The 3,646-square-foot building on a 7,800-square-foot site was purchased with an SBA 504 loan from TMC Financing and a conventional loan through Bank of America. TMC Financing provided $206,000 of the project’s $500,000 total cost. Castle … [Read more...]
Sam Males: Nevada Small Business Development Center
State Director Reno http://nsbdc.org/ How did you first get into your profession? I was asked by the dean of the college of business at UNR to develop a proposal to the U.S. Small Business Administration to create a Small Business Development Center for Nevada; this was in May, 1985. What is your pet peeve? People who talk too much (and have nothing to say) and … [Read more...]
Improvements Coming to East Downtown in Reno
Reno's East Fourth Street will be transformed during the second annual Positively 4th Street Better Block Project event. Considered "the gateway" to downtown Reno, Fourth Street is home to several historical properties but is in need of upgrades and repair. Local businesses are looking to spruce up the area through landscaping, adding a two-way bicycle lane, re-striping … [Read more...]
Small Business Administration Recognizes Nevada State Bank for Business Lending
LAS VEGAS – The Nevada District office of the U.S. Small Business Administration named Nevada State Bank Lender of the Year in 3rd Party Loan Production. At the 2014 SBA Small Business Awards, Nevada State Bank received the Platinum-level award in recognition of the 16 SBA 3rd party loans it provided businesses in SBA FY2013. Nevada State Bank provides SBA loans to assist … [Read more...]
Nevada State Bank Names Ivette Barajas Vice President, SBA Business Development Officer
LAS VEGAS – Nevada State Bank has named Ivette Barajas as vice president/SBA business development officer, where she is responsible for the growth of the bank’s SBA lending that meets U.S. Small Business Administration guidelines. Barajas brings more than 16 years of business development, underwriting and relationship management experience to her new role. She previously … [Read more...]
Several SBA Loan Requirements Eliminated
The U.S. Small Business Administration made significant changes in qualification for SBA 504 loans. The changes include elimination of "the personal resource test" and "the nine-month rule". These modifications mean businesses will have an easier time qualifying for SBA loans, according to a recent statement by TMC Financing. “By eliminating the nine-month rule for … [Read more...]
New Regulations for SBA 504 Loans Make it Easier for Nevada Business Owners to Qualify
Las Vegas - This week the U.S. Small Business Administration made effective two major changes for qualification of SBA 504 loans. The changes will make it easier for businesses to qualify for SBA loans and encourage business growth and job creation. Effective April 21, the SBA has eliminated several requirements for its 504 business loan program. The changes … [Read more...]
Nevada’s Employment Landscape: Drawing on New Opportunities
It’s been a while now since the start of the nation’s recession that so harshly impacted Nevada. At its peak, in October 2010, the state’s unemployment rate hit 13.8 percent, and activity in numerous sectors dropped drastically. About two years ago, Governor Sandoval called for the creation of 50,000 Nevada jobs by the end of 2014. Numerous organizations—for economic … [Read more...]
Business Financing: An Economic Bright Spot
The business financing picture in Nevada today is brighter than it was during the two years following the country’s great recession. Capital is available. Businesses are seeking financing, and lenders are closing loans. “Things are definitely looking up,” said Bob Francl, executive vice president and regional manager of First Independent Bank, which serves clients primarily … [Read more...]
February 2013: Around the State
Southern 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 … [Read more...]
Nevada’s Diverse Businesses: Minority-Owned Companies Thrive in the Silver State
The year is 2012 and it feels strange and a little uncomfortable to be considering minority-owned businesses. Twelve years into the 21st century, it seems there should no longer be a designation for minority-owned business – business should be business and everyone should be working together through the slowly recovering economy. Which is pretty much the case once a business … [Read more...]
Opportunities Abound in Gov’t Contracting for Women-Owned Small Businesses
The federal government is the world’s biggest customer of goods and services with purchases totaling more than $425 billion per year from construction and technical services to office furniture and grounds maintenance services. This allows for many revenue opportunities for small businesses, especially women-owned, disadvantaged, service-disabled veteran owned, and businesses … [Read more...]
May 2012: Around the State
The Learning Center Offers “Green” Computing Classes The Learning Center has entered into a training agreement with the Nevada State Energy Sector Partnership to offer “Green IT” classes to employers at no cost. The training is offered under a grant from the U.S. Department of Labor’s Employment and Training Division for the purpose of improving existing worker skills through … [Read more...]
