Nebraska Small Business Stabilization Grant for Small Businesses
Small businesses across the state have been struggling in the wake of COVID-19. The SBS Grant allocates working capital to help them cover operating expenses. This will enable our small businesses to get back on their feet and back to profitability.
Please note: The application submission deadline for this program has passed and DED is no longer accepting applications.
Recipients will be notified by email from mid-July to August 1st.
Who is eligible?
Nebraska-owned businesses with 5 to 49 employees as of March 13, 2020 that have closed or sustained a loss of revenue or employment since March 13, 2020, are eligible to apply. All industries are eligible except:
- Mining (NAICS 21)
- Utilities (NAICS 22)
- Finance and Insurance (NAICS 52)
- Management of Companies & Enterprises (NAICS 55)
- Educational Services (NAICS 61)
- Public Administration (NAICS 92)
- Lobbyist and Political Organizations
The State of Nebraska will be providing transparent reporting on the CARES Act funds and names of recipients will be made public.
How can the grant be used?
Businesses can use the SBS grant as working capital to pay for operational expenses, with the purpose of helping sustain the business during the economic downturn, or preparing it to bounce back.
Preparing to apply
A PDF version of the full application can be found here to be used in preparation. Please note that DED will NOT accept PDF applications. You must use the hyperlink in the Eligibility Certification Form to submit your application.
See the Application Guidelines for more information on eligibility, the use of funds, instructions on how to apply and the selection process.
How to apply
If eligibility requirements are met, the grant-seeking business should submit a Completed Eligibility Certification Form to the Nebraska Department of Economic Development (DED) by the deadline below. The Eligibility Certification Form will be used to verify that the business is a Nebraska taxpayer that has employees in the state. If the business is validated, it will receive an invitation to submit a full application, which must be submitted by the deadline below.
You will need the following: Business Name, Email, State ID (tax ID), Withholding FEIN (Federal Employment Identification Number)
- Complete the Eligibility Certification Form
- If you receive a confirmation message and confirmation number from the Eligibility Certification Form, use the hyperlink in that email to apply to the full application in AmpliFund. See the “Preparing to Apply” section for assistance on using AmpliFund.
- At any time, you can log into AmpliFund to check the status of your application.
Please note that the only one application is allowed per State Income Tax ID and Withholding FEIN.
|Eligibility submission opening date||June 15, 2020 at 8 AM CDT|
|Eligibility submission deadline||June 26, 2020 at 5 PM CDT|
|Eligibility notification date (via email from the State)||June 15,2020 – June 26, 2020|
|Application begin date||June 15, 2020 at 8 AM CDT|
|Application deadline||June 26, 2020 at 5 PM CDT|
Who Received the Grant?
After the applications close, DED will review all applications and determine which applicants will receive the grant. Scoring details can be found in the application guidelines. Recipients will be notified by email sometime between mid-July and August 1st. You can also log-in to AmpliFund to check the status of your application.