About

Have you ever dreamed of starting a business? Maybe you’ve started and are looking to take things to the next level. Starting a business can be really hard—and it’s even harder if you don’t have access to the right resources or know-how.

The Nebraska Small Business Assistance Act (NSBAA) is a state-sponsored program that was created to stimulate and support small business startups and expansions. Built out from LB450, the program works to support businesses in three ways:

Professional Development Services

Funding can be received to access professional services like business planning, website development, setting up financials, and a wide range of other professional services.  These professional services can be provided by the Program’s Strategic Partners or can provide funding to access other for-profit and nonprofit professional services.

Grant Assistance

Grant assistance if available for qualified startups and existing small businesses. Through monetary assistance, eligible businesses may be eligible for:

New small business startups – up to a $25,000 grant.

For an existing business – up to $12,500 grant.

Combination of Professional Development Services and Grant Assistance

If qualified, applicants may earn a combination of aid through professional development services and grant assistance.

Individuals looking for grant funding, professional business development services, or a combination of the two, must:

Qualify as a small business.

A small business is defined as a for-profit business with five or fewer employees.

Be an existing small business.

Existing small businesses will not qualify if they are more than five years old as of March 2023.

For questions regarding the Nebraska Small Business Assistance Act or to speak with the Program Director, please complete this form.