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Microenterprise Development

neadvsmall.gifAlso part of the economic development package is the Microenterprise Development Fund Enhancement, which doubles the total support for technical assistance and loans for microenterprises to $500,000.

  • To assure that micro businesses realize the full potential to create jobs, enhance entrepreneurial skills and activities, and increase low-income households' capacity to become self-sufficient; and to facilitate the development of a permanent, statewide infrastructure of microlending support organizations.


  • The legislature has appropriated $497,500 per year for fiscal years starting 7-1-05 and 7-1-06 to the program.
  • The act authorizes the Nebraska Department ofEconomic Development (DED) to contract implementation to astatewide microlending support organization provided that theorganization matches LB 327 funds. A second "tier" of matching is required by microlending delivery organizations.
  • DED currently contracts the Nebraska Microenterprise Partnership Fund to administer the program.
  • Twelve awards totaling $447,500 were made to microenterprise organizations accross the state in September, 2005. 

Annual Report 

The Micro-Enterprise Annual Report is available as a .PDF

Download - Nebraska Advantage Brochure



For more information about the Microenterprise Development Act, please contact:
Bob Doty
(402) 471-2095 or (800) 426-6505(402) 471-2095 or (800) 426-6505
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Talent & Innovation Initiative (TI2)

One of the most important accomplishments of the 2011 legislative session was the passage of several bills focused on creating new momentum for developing and attracting businesses rooted in technology and innovation—Talent and Innovation Initiative. The Nebraska Department of Economic Development is in the early stages of implementation of the initiative and additional information on each program can be found here as it becomes available.


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Nebraska Department of Economic Development | Courtney Dentlinger, Department Director
301 Centennial Mall South | P.O. Box 94666 | Lincoln, NE 68509-4666
Phone (800) 426-6505 | Fax (402) 471-3778