DED minimum grant requirement clears final round

A program aimed at benefitting Nebraska’s small businesses is required to award a minimum dollar amount of grant funds under a bill passed April 9.

Currently, the state Department of Economic Development has the option to distribute up to $3 million in grants annually through the Microenterprise Assistance Program under the Business Innovation Act. LB1205, sponsored by Kearney Sen. Stan Clouse, requires DED to do so beginning in fiscal year 2027-28.

LB1205 passed on a 49-0 vote.