The Department of Business and Industry administers the state’s share of bonding authority for the issuance of tax-exempt private activity bonds to ensure the full utilization of tax-exempt bonding authority, as well as coordinating the allocation of bonding authority between competing state and local interests in a fair and equitable manner. More information.
There are many options available to entrepreneurs seeking to finance their business, from borrowing funds (debt equity), receiving grants and other financial assistance to selling ownership interest in exchange for capital (equity financing). to listing of options view the list of available financial resources check out the Access to Capital Directory.
The purpose of the act is to encourage capital investment in low-income communities and create new jobs in Nevada. The Nevada New Markets Tax Credit (NMTC) program is an alternative financing complement to conventional capital sources and is patterned after the Federal NMTC Program. More information.
The U.S. Small Business Administration (SBA) provides a number of financial assistance programs for small businesses that have been specifically designed to meet key financing needs, including debt financing, surety bonds, and equity financing. The programs are many and varied, and the qualifications for each are specific. SBA can help facilitate a loan for with a third party lender, guarantee a bond, or help find venture capital. More information.