Wakefield Economic Development
About
Wakefield Economic Development Program-LB840
Loan amounts will depend on receipts available in the LB840 Economic Development Fund budget at the time of application. Applications are available at 405 Main Street or if you would like to talk with the Program Administrator, Jim Litchfield, call 402-287-2080.
- Small Loan- $5,000 and under. – Abbreviated application, zero % interest on loan, flexible payback plan.
- Large Loan-$5,000 to $25,000. – Complete application w/ business plan, low-interest rates, easy payback.
Façade Improvement Grant Program
Improving & Beautifying Wakefield, One Storefront at a Time
Attractive building facades in the City of Wakefield’s commercial business districts support and stimulate local business activity. To encourage business owners to reinvest in their storefronts, the City offers grants to business owners to assist in the cost of façade renovations and improvements. The program is funded by LB840 city sales tax. The Façade Improvement Grant program is a reimbursement-only program available on a one-time basis to business owners in the C-1, C-2, or C-3 commercial business districts of Wakefield.
For a list of eligible projects, guidelines, or an application, you can stop at the City Office at 405 Main Street. To talk with the program administrator call (402) 287-2080.
Wakefield Micro-Business Fund
The primary goal of the Wakefield Micro-Business Loan Fund is to assist for-profit businesses (new and existing), within the corporate limits of Wakefield, with new financing. The Micro-Business Loan Fund is a revolving loan fund that will develop businesses, jobs, and wealth in the Wakefield area. This program is operated by the Wakefield Residential Development Group, Inc. (WRDG). WRDG shall be responsible for the implementation of the program guidelines. If you are interested in a Micro-Business loan, program guidelines, and an application can be picked up at the City Office at 405 Main Street.
Services Provided
Financial Resources and Assistance
- Loan Providers (Specialty)
- Grant Funding Providers (Specialty)
- LB840 (Specialty)
Office, Incubator, Accelerator, Laboratory, Kitchen and Meeting Space
- Site Location (Specialty)
Economic and Site Development
- Site Location Assistance (Specialty)
- Revitalization (Specialty)
Buying or Selling a Business
- Purchasing an Existing Business
Starting a Business
- Site Location
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