| | | | | | A MESSAGE FROM Executive Director Tom Burns |
| I am excited to announce the launch of GOED’s new brand and website! These steps are a significant milestone in our journey, showcasing GOED’s critical involvement in developing a Nevada that champions Good Jobs Today, Better Jobs Tomorrow through our engine of economic development. The brand and site reflect a bright portrait of Nevada’s thriving business economy and are also a strategic tool designed to support companies in their relocation process. Our new website offers a fresh design and user-friendly interface that reflects our commitment to innovation and excellence. Aligned with our recent State Plan, the refined messaging ensures that every visitor understands our mission and values, conveying our story, achievements, and unique value. More than just a virtual space, the new www.goed.nv.gov is a platform to connect, engage and share our passion for economic development in Nevada. Whether you're a partner, a team member, or simply exploring our services, it's a valuable resource reflecting our organization's core. I want to express my deepest gratitude to each contributor for elevating our online presence. As we embark on this new venture, let's embrace the opportunities it brings and continue to push the boundaries of what we can achieve. I believe this new website will not only meet but exceed the expectations of our audience. Thank you for your tireless commitment. Let's celebrate this exciting moment in our journey! |
| | | | The GOED Las Vegas team will now call 1 State of Nevada Way home! The new state office complex located in Southern Nevada will house a multitude of state agencies and is located located right next to Harry Reid International Airport. |
| | | | | GOED Receives Business Facilities 2023 Gold Deal of the Year Award! |
| | | | | NNDA panel featuring GOED Deputy Director Bob Potts sets stage for industrial development in region |
| | | | GOVERNOR JOE LOMBARDO ANNOUNCES KRIS SANCHEZ AS INCOMING BUSINESS AND INDUSTRY DIRECTOR |
| | Governor Joe Lombardo announced Kris Sanchez as the incoming Director of the Department of Business and Industry. Sanchez was appointed after current Director Terry Reynolds announced his retirement. |
| | | | | GOED ABATED COMPANY, TAPESTRY INC. BREAKS GROUND IN SOUTHERN NEVADA! |
| | | | | | | | | Abated Companies Will Invest $72.5 Million and Generate $65 Million in Tax Revenue |
| The Nevada Governor’s Office of Economic Development (GOED) approved eight companies that will receive $7,249,200 in tax abatements. In return, these companies are projected to create 533 jobs in the next two years at an average weighted hourly wage of $32.86. That figure is expected to grow to 724 jobs in five years. Additionally, these companies will make capital investments of $72,330,374 and generate $65,113,684 in new tax revenues over the 10-year abatement period. |
| | | | | GOVERNOR LOMBARDO RECOGNIZES VALLEY BANK OF NEVADA WITH SSBCI LEGACY LENDER AWARD |
| In 2012, when the Nevada Governor’s Office of Economic Development (GOED) introduced the State Small Business Credit Initiative (SSBCI), James York, CEO of Valley Bank of Nevada, embraced the program and recognized how Nevada community banks could leverage SSBCI on behalf of various financial institution clients. Additionally, York made a concerted effort to introduce the program to other community banks by holding informational meetings and was the first to propose creating a community bank consortium to leverage the funds. |
| | | | | | | | | United in support of our veteran's entrepreneurial journey!
GOED's Director of Public Policy and Government Affairs, James Humm, and Vice President of UNLV Center for Business and Economic Research, Bo Bernhard, were honored to attend the Veterans Business Outreach Center (VBOC) inauguration at Black Fire Innovation in November.
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| | | | | GOED was happy to take part in this weekend's "Getting Capital Ready" event where the day was spent informing small businesses about key programs available helping them with improving their access to capital. Our SSBCI team together with our partner, the Nevada Small Business Development Center, had the opportunity to introduce entrepreneurs and business owners to the full range of our loan and venture programs, including available Technical Assistance. We were also excited to introduce the Office of Entrepreneurship, part of GOED’s Innovation Based Economic Development division which will, in collaboration with stakeholders, and organizations support small businesses and startups to propel Nevada into a new entrepreneurship-focused era. | | | | SPURGEON NAMED DIRECTOR OF THE NEVADA FILM OFFICE Kim Spurgeon has been promoted to Director of the Nevada Film Office (NFO), a division of the Nevada Governor’s Office of Economic Development. |
| | | | UNLV AWARDED EDA BUILD TO SCALE GRANT FOR GOED-INSPIRED RENEWABLE ENERGY CLUSTER DEVELOPMENT PROJECT |
| | The U.S. Economic Development Administration (EDA) awarded $749,037 with a $750,000 local match to the Accelerate Electric Nevada project in response to the Nevada Governor’s Office of Economic Development (GOED)’s five-Year Comprehensive Economic Development Strategy, calling for an “Electric, Innovative, and Connected” Nevada. | | DRI, UNLV to Partner on Regional Climate Innovation Consortium |
| | | | | In November, GOED’s International team had the chance to explore cutting-edge technology at ANA Corp, in Henderson, Nevada. Avrey Callis and Amanda Flocchini saw first hand the unique hybrid battery generator components that are exclusively crafted right here in Nevada.
After GOED organized the successful trade mission to Canada in September, the ANA Corp team is continuing the conversations with potential Canadian clients to grow Nevada exports. Learn more about: ANA Corp |
| | | | | SMALL BUSINESS SURVEY FINDS NEVADA BUSINESS OWNERS FACING SIMILAR CHALLENGES TO THOSE FACED IN 2022 The Nevada Small Business Development Center in the College of Business at the University of Nevada, Reno announced the results of the Nevada 2023 Small Business Challenges Survey this fall. The survey, which ran from Aug. 1 to Sept. 15, collected responses from 580 small business owners and entrepreneurs across the state of Nevada. Ninety-eight percent of all businesses in Nevada are small businesses. | | | | Business Facilities Magazine Ranks Nevada 8th Best Business Climate in the Nation Nevada also ranked among the Top 10 in Best Business Tax Climate, Outdoor Recreation, Solar Power, and Housing Market Growth. The Tahoe-Reno Industrial Center was ranked as the sixth best industrial park. Henderson was ranked as the sixth best millennial magnet. Las Vegas ranked as the third best solar city. Clark County was ranked as the second fastest growing county. North Las Vegas was ranked as the fourth fastest growing mid-sized city. Las Vegas-Henderson was ranked as the third fastest large cities in housing growth. Reno was ranked second in the mid-sized manufacturing hubs. | | | | | WEST WENDOVER ANNOUNCES AMBITIOUS DOWNTOWN PROJECT The Nevada Governor’s Office of Economic Development Community Development Block Grant (CDBG) program is contributing $525,000 to West Wendover’s $7 million Downtown Infrastructure project. | | | | Nevada's Frontier Ambition for New and Small Businesses There are no regions with high levels of entrepreneurship and low levels of economic growth. For this reason, Right to Start, a nonprofit organization working to expand entrepreneurial opportunity for all, has campaigned for Americans to realize their personal dreams through business creation and sustainment. Many obstacles can stand in the way, yet young businesses contribute the bulk of economic growth and new jobs. In alignment with these aspirations, Nevada has embarked on a bold journey to foster greater opportunities and reduce barriers for new businesses in the state. |
| | | UNLV’s Sports Innovation Institute Seizes on Growth of Industry in Region |
| | UNLV is tailoring its Sports Innovation Institute to the growing sports landscape in Las Vegas with hopes of preparing its graduates for a career in either sports sciences or the sports business. |
| | | | GOED TOURS NELLIS AIRFORCE BASE
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| Our team was honored to tour Nellis Airforce Base, witnessing first-hand the several billion-dollar impact it has on our local economy. A heartfelt 'thank you' to the 99th Air Base Wing for creating an educational and memorable experience for our staff! |
| | | | | | Why Nevada is often overlooked for film production |
| | The Review-Journal sat down with Spurgeon to get her thoughts on where the film industry currently stands in Nevada and where it could go. |
| | | | | Brightline West high-speed train lands $3B in federal funding for construction | Brightline West has landed a $3 billion federal grant to begin construction on the 218-mile high-speed train system connecting Las Vegas and Southern California. | | | | With Sheldon Mudd at the helm of the Northeastern Nevada Regional Development Authority, Elko’s prospects for economic development are bright! |
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Welcoming Arcadia Cold, LLC to Northern Nevada! |
| | On behalf of GOED, our Business Development Director, Alex Bacchus, welcomed Arcadia Cold Reno, LLC, to our great state during their ribbon cutting on December 7, 2023! Specializing in food industry logistics, they boast a 238,603 square foot cold storage facility in Storey County. Above-average wages, substantial investments, and a significant boost to job creation –they are poised to make a lasting impact. Kudos to the Economic Development Authority of Western Nevada (EDAWN) for their pivotal role in making this happen! | |
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Northeastern Nevada Regional Development Authority (NNRDA) Launches Program to Support Supply Chain Companies With Support from GOED, Grants now available through Nevada-Canadian Partnership | | | | | | In December, Ioneer’s Chad Yeftich gave GOED a comprehensive tour of the future lithium extraction and processing site at Rhyolite Ridge alongside Victoria, Australia Member of of Parliament, Dylan Wight. GOED is a proud supporter of this project as a leader in the industry and the job growth it will bring to rural Nevada. | | |
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New EDAWN CEO Taylor Adams talks growth, housing and challenges during his first 180 days |
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| The GOED team along with LVGEA had a great time visiting with Tilson, a multi-specialty telecommunications services firm on a mission to design and build America’s 21st century telecommunications infrastructure at their Vegas facility. Tilson is on a mission to build America's information infrastructure and represents the beginning of a new effort to build the infrastructure for a high-speed internet network in the community, starting with east side of Las Vegas. This new infrastructure that will bring greater speed of connectivity to our neighborhoods, something that is ten times faster than what is currently available. |
| | GOED's James Humm Appointed as Director of Cannabis Commission | | | | Governor Lombardo Signs Declaration of Understanding with Denmark |
| | Governor Joe Lombardo has signed a Declaration of Understanding with Jesper Møller Sørensen, Ambassador to the United States from Denmark to explore opportunities to work closer on renewable energy projects. |
| | | | | NNDA State of the Counties: Economic Development Benefits All |
| | | | We were honored to host the State Economic Development Executives Network (SEDE). Economic leaders shared insights on the foundational elements of development, exchanging experiences & offering key advice for the road ahead. A powerful collaboration shaping the future! |
| | ABATED COMPANIES WILL INVEST $120.7 MILLION AND GENERATE $37.5 MILLION IN TAX REVENUE |
| THREE COMPANIES EXPECTED TO CREATE 219 JOBS IN FIVE YEARS WITH A WEIGHTED HOURLY WAGE OF $37.49 |
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| Complete Lithium Supply Chain Sends Nevada to New Heights in Manufacturing Expansion Solutions conducted a series of exclusive interviews with some of Nevada’s leading economic developers including Thomas Burns, Executive Director of Nevada’s Office of Economic Development; Taylor Adams, President & CEO of Economic Development Authority of Western Nevada; and Tina Quigley, President & CEO of the Las Vegas Global Business Alliance. Nevada is experiencing unprecedented heights over the last few years in manufacturing, specifically EV components and parts manufacturing. | | Lithium Loop earns Reno 'Tech Hub' Designation Innovation has a home in communities across the United States, not just on the tech-heavy coasts. That’s the message the Biden administration wanted to send Monday with the designation of 31 Regional Technology and Innovation Hubs. Reno is on the list. | | Local Economic Development Officer goes on Trade Mission with Governor to Canada Humboldt County Economic Development Officer Michelle Hammond-Allen joined Nevada Governor Joe Lombardo’s trade mission to Canada along with his Director of the Governor’s Office of Economic Development Tom Burns, other members of his delegation, and numerous other companies, organizations, and business leaders. | | New Legislation Seeks to Drive Development, Create Jobs at Apex Industrial Park Apex Industrial Park, the more than 7,000-acre swath of land in North Las Vegas set aside for manufacturing and development, is one step closer to fulfilling its promise to bolster the local economy by providing hundreds of thousands of jobs for locals and billions in revenue. | | Nevada Film Work Post-Strike Delayed, especially for Paralyzed Stuntman Attempting to Recover From parachuting into a Golden Girls scene wearing a chicken costume to having his skull crushed by a mobster in Casino – Carl Ciarfalio has an acting and stuntman catalog 45 years long. Now, he watches from the other side of the screen, mostly paralyzed. | | Business community, lawmakers discuss ways to improve landscape for Nevada startups With the 2025 Nevada Legislature on the not-too-distant horizon, entrepreneurs and business owners are engaging state lawmakers about how they can continue to better Nevada’s economy through different forms of legislation — particularly in regard to fostering startups. | | Sparks-based Sierra Nevada Corp. in running for Air Force ‘Doomsday plane’ as Boeing drops out A Northern Nevada-based aerospace and defense company saw a key rival eliminated from a high-profile program to replace the Air Force’s “Doomsday plane.” | | Google geothermal project in Winnemucca may be milestone An advanced geothermal project has begun pumping carbon-free electricity onto the Nevada grid to power Google data centers there, Google announced Nov. 28. | | EDAWN: Region adds over 1,200 jobs in 2023 with record average salaries The Economic Development Authority of Western Nevada last week revealed 21 companies that relocated to or expanded their workforce to the region this year. | | Land shortage limits potential of Southern Nevada’s manufacturing sector, officials say Manufacturing companies looking to build a presence in the West have increasingly eyed Southern Nevada because of its business-friendly tax system, international airport and proximity to Southern California. | | Vegas’ outdoor recreation economy booming post-pandemic Las Vegas is known across the globe for its gaming and tourism industry but one often overlooked facet of the economy, outdoor recreation, is climbing quickly. | | Henderson analysis outlines industries the city plans to target for growth Henderson officials last month highlighted five industries that the city plans on growing after it hired a private contractor to produce a target industry analysis. | | Biofuel industrial park coming to Nevada Gov. Joe Lombardo signed a declaration of understanding with Denmark to explore opportunities to work together on renewable energy projects, including a 200-acre biofuel project in Lincoln County. | | Massive manufacturing facility still on the way for Henderson It’s going to take longer than expected for Haas Automation to open its 2.5 million-square-foot manufacturing facility in Henderson. | | Crocs footwear now shipping from giant North Vegas facility After a slight delay, the shoe brand Crocs Inc. has started shipping its popular Hey Dude shoes from a 1 million-square-foot distribution center in North Las Vegas. | | Economic Development chief leads discussion on concerns of Elko business leaders Elko business owners gathered Wednesday evening at the Elko Convention Center for a consultation with the Governor’s Office of Economic Development in hopes of uncovering issues of concern to Elko entrepreneurs. | | TuBiomics Emerges as a GOED Knowledge Fund Success Story TuBiomics, a Nevada company born out of the Nevada Governor’s Office of Economic Development’s (GOED) Knowledge Fund, is getting national attention. | | | GOED BOARD MEMBERS Governor Joe Lombardo, Chairman Stavros Anthony, Lieutenant Governor Francisco Aguilar, Secretary of State James Barrett, President & Founder, The JABarrett Company Patricia Charlton, Acting Chancellor, NSHE Jhone Ebert, Superintendent of Public Instruction, Department of Education Dr. Weldon Havins, MD, Esq. Professor Emeritus of Medical Jurisprudence and Ophthalmology Touro University Nevada Yolanda King, President, Nevada Taxpayers Assocication Josh Reid, Director of National Resources, Fennemore Law Dr. Kristopher Sanchez, Director, Department of Business & Industry Chris Sewell, Director, Department of Employment, Training & Rehabilitation Raymond Specht, Founder & CEO, Specht Leadership Consulting Sasha Stephenson, President, SSS Public Affairs |
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1.800.336.1600 Gregory Bortolin Director of Communications 808 W. Nye Lane Carson City, NV 89703 Direct: 775.687.9917 Cell: 775.434.3583 grbortolin@goed.nv.gov 555 E. Washington Avenue, Suite 5400 Las Vegas, NV 89101
goed.nv.gov 702.486.2700 |
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Governor's Office of Economic Development |
| 808 West Nye Lane, 89703, Carson City |
| | You received this email because you are registered with Governor's Office of Economic Development. |
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