Business Assistance Programs
RAILSIDE BUSINESS RENTAL ASSISTANCE PROGRAM
The rental assistance program is designed to inspire entrepreneurism to bring specialty retail, restaurants, and other complimentary business that add to the growing business climate of downtown. The Rental Assistance Program will provide grant support in the form of rent abatement. The funding amount can be up to 80% of the rent for six (6) months.
Contact Cara Lemburg at 308.398.7022 for more information.
Local Option (LB840) is the primary incentive offered by the Grand Island Area Economic Development Corporation (GIAEDC). LB840 is a cash payment made directly to your company based on job creation and training needs for your employees. A structured payment system is established between expanding businesses and the GIAEDC. Training incentives can be paid up front to jumpstart your business, while job creation incentives are an annual payment delivered over a three-year period of time. We are also capable of structuring a low interest and/or forgivable loan to meet your business’s needs.
Contact Mary Berlie at 308.381.7500
NEBRASKA ENTERPRISE FUND
Nebraska Enterprise Fund offers loans direct to businesses, and can help fill financing gaps in participation with other lenders or programs.
Visit http://nebbiz.org for more information.
Read about how Railside's Chocolate Bar received assistance throught the Nebraska Enterprise Fund.