Financial Assistance and Resources

Financial Help for Small Businesses

Qualcomm’s Small Business Accelerator Program:

Qualcomm’s Small Business Accelerator Program will offer up to $25k in technology support to 25 American small businesses, and has extended its deadline to this Friday, July 10.

Recognizing the challenges that small businesses face through COVID-19 and beyond, wireless technology leader, Qualcomm Technologies, Inc. will be providing up to $25k in customized aid packages through its new Small Business Accelerator program. Packages include tools such as Always-Connected PCs (cellular-connected laptops), Wi-Fi systems, mobile phones, Bluetooth enabled headsets and active mobile hotspots, along with technical / device integration and support. With more businesses depending on cloud-based solutions, these connected products offer enhanced productivity and security for small businesses.

Approximately 25 businesses nationwide will be selected. Qualcomm and partners including Best Buy Business, Microsoft, and Verizon Business look forward to setting businesses up for rapid digital adoption and success in a mobile-first environment.

Qualcomm encourages business owners to apply now through the SBA Program website.

Small Business Administration (SBA) - Coronavirus (COVID-19) - Small Business Guidance & Loan Resources:

Guide to Small Business Emergency Loans (PPP)
The CARES Act goal is to help small firms keep workers employed. Paycheck Protection Program (PPP) provides 100% federally guaranteed loans that can be forgiven if borrowers maintain or restore payrolls. Check eligibility, calculate borrowing limits, and apply using this guide.

PPP Loan Guide specifically for nonprofits

Guide to Small Business Economic Injury Disaster Loans (EIDL)
SBA’s long-standing Economic Injury Disaster Loan Program (EIDL) includes additional loan programs and $10,000 emergency grants. Check eligibility, calculate borrowing limits, and apply using this guide.

SBA Express Bridge Loan
Enables small businesses who currently have a business relationship with an SBA Express Lender to access up to $25,000 quickly.  If a small business has an urgent need for cash while waiting for decision and disbursement on an Economic Injury Disaster Loan, they may qualify for an SBA Express Disaster Bridge Loan.

SBA Debt Relief
As part of our coronavirus debt relief efforts, the SBA will pay 6 months of principal, interest, and any associated fees that borrowers owe for all current 7(a), 504, and Microloans in regular servicing status as well as new 7(a), 504, and Microloans disbursed prior to September 27, 2020. This relief is not available for Paycheck Protection Program loans or Economic Injury Disaster loans.

CARES Act Relief for Independent Contractors
If you are an independent contractor or self-employed individual, you may be eligible for Paycheck Protection Program (PPP) loans/grants, SBA’s Economic Injury Disaster Loans (EIDL), and/or Unemployment Compensation for lost income. This guide walks you through all the steps.


Small Business Administration (SBA) - Grants and SBA-associated award programs:

SBA Grants for Research and Development
Small businesses engaged in scientific research and development may qualify for federal grants under the Small Business Innovation Research (SBIR) and the Small Business Technology Transfer (STTR) programs. These programs encourage small firms to undertake scientific research that helps meet federal research and development objectives and have high potential for commercialization if successful.

SBA's State Trade Expansion Program (STEP)
The SBA's State Trade Expansion Program (STEP) provides financial awards to state and territory governments in order to help small businesses with export development.

Boots to Business (B2B) Funding Opportunity
This funding opportunity is addressed exclusively to Boots to Business (B2B) grantees. Through this program, the SBA supports your organization for a period of 5 years.

The Federal Reserve - Main Street Lending Program:

The central bank of United States, established the Main Street Lending Program to provide support for small and medium-sized businesses: 

Main Street Lending Program Guide
Main Street Lending Program provides a total of $600 billion in financing for small and medium-sized businesses. Check eligibility, calculate borrowing parameters (loans start at $500,000), and learn how to apply for one of the program’s three new lending facilities using this guide.

Clark County - Small Business Support Programs:

The Board of County Commissioners approved three small business support programs;

  • Small Business Stabilization Grant - *Application Now Closed
  • Small Business Rental Assistance - Accepting applications from July 21-August 4, 2020. Clark County understands that commercial rent payments play two roles within our economy; 1) keeping the paying business open and in its operating space and 2) supporting the landlord's ability to make the space available as a building owner. Clark County has developed a commercial rental assistance program to help tenants stay in place and help landlords keep tenants. Commercial tenants, in conjunction with their landlords, operating within Unincorporated Clark County now have access to grant dollars to cover up to $10,000 in back rent.
  • Small Business Protective Retrofit Grant - Accepting applications from July 21-August 4, 2020. In order to ensure the safety of customers and employees, business operators must promote and support social distancing and vigilant cleaning. Clark County recognizes that installing new safety equipment, modifying existing facilities and purchasing required PPE or screening tools can be an unexpected, but necessary, new expense.

CO— Coronavirus Small Business Hub
U.S. Chamber of Commerce is providing the resources, advice and information to help small businesses navigate this challenging time, including financial aid guides, remote working tips, best practices, links to webinars and town halls, and much more.

Treasury Department Guidance - visit the agency’s Direct Assistance for Small Businesses page.

New Markets Tax Credit Program
National Endowment for the Arts the NMTC program can help Nevada businesses and nonprofit organizations gain access to gap funding to support businesses located in economically distressed communities. The funding currently available to organizations in Nevada include:

  • Federal NMTC – This program funds projects requiring over $5,000,000 in total equity and funding. The CDFI recently allocated an additional $7 billion to support this program. Contact Information for CDE's with Nevada NMTC allocation.
  • Nevada NMTC – This program funds projects from $300,000 to $3 million and up. During the 2019 Legislative session, lawmakers approved another round of $200 million in allocation which is now ready for investment into business and nonprofit ventures.
  • City of Las Vegas NMTC - for more information, see New Markets Tax Credit brochure

Nevada’s Collateral Support Program
Nevada’s State Small Business Credit Initiative (SSBCI) is offering The Collateral Support Program. Program seeks to enable small businesses to acquire the necessary financing that might otherwise be unavailable due to a collateral shortfall. The program will supply pledged cash collateral accounts to lenders to achieve this goal for approved projects to enhance the collateral coverage of borrowers.

Nevada Opportunity Fund
Governor's Office of Economic Development (GOED) is offering this fund to Startup companies. Startups with business plans are welcome to apply and can borrow up to $25,000. Existing small businesses can borrow up to $50,000 unsecured or $100,000 secured.