Get help with state and local incentives.
Nebraska Advantage
This new economic development incentive program is geared toward helping businesses like yours. Entrepreneurs and expanding companies are provided with:
- Investment credits
- Wage credits
- Sales tax refund
- Customized job training
- State and local sales tax exemptions for purchases of manufacturing machinery, equipment, and related services
- Research and development tax credits
- Microenterprise tax credits
- Inventory tax exemptions
For a detailed description of all incentives and financing available through the state, see the Nebraska Department of Economic Development and envision the possibilities.
LB840
This economic development program will help you establish a business right here in McCook and is made possible by revenue from a ¼ cent sales tax. The program offers assistance with eligible business-related activities such as:
- Job credits for full-time jobs created
- Direct loans or grants to qualifying businesses for fixed assets or working capital or both
- Grants or loan agreements for job training
- Funding for public works improvements essential to the location or expansion of a qualifying business
- Small business development including expansion of existing businesses
So get ready to make your entrepreneurial dreams a reality. For more information, contact the McCook Economic Development Corporation.
Nebraska Economic Development Corporation (NEDCO)
Long-term loans with favorable fixed interest rates and low down payments will help you grow your business faster. NEDCO is currently assisting more than 150 new and expanding businesses, resulting in the creation of more than 3,500 jobs statewide. Your business could be next.
Red Willow County Revolving Loan Fund
Attract private investment or bank loans that allow lower rates and longer terms with the county’s revolving loan fund. Administered by the McCook Economic Development Corporation, this fund is designed to help your new job-creating venture take off.
Work Opportunity Tax Credit
Help individuals overcome barriers for employment while creating tax advantages for your business. In Nebraska, businesses are provided with a federal income tax credit of up to $2,400 when employing someone from one of eight target groups.