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. 

All applicants have been notified of their award status by email. Hit the 'Who Received this Grant' button for details on next steps and when you will receive payment.

Who is eligible?

Nebraska-owned for-profit businesses with 75 employees or fewer employees who are licensed for withholding 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.

Download the User Guide Here
Download Preparation PDF Here

See the Application Guidelines for more information on eligibility, the use of funds, instructions on how to apply and the selection process.

Download Application Guidelines PDF Here.

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)

Instructions

  1. Complete the Eligibility Certification Form
  2. 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.
  3. 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.

Application deadlines

Eligibility submission opening date July 13, 2020 at 12 PM CDT
Eligibility submission deadline July 17, 2020 at 4 PM CDT
Eligibility notification date (via email from the State) July 13,2020 – July 17, 2020
Application begin date July 13, 2020 at 12 PM CDT
Application deadline July 17, 2020 at 4 PM CDT

 

Who Received the Grant?

  • All applicants have received an email notifying them whether or not they received the grant. The email also contains information on how and when you will receive the funds.
  • If you were asked to re-submit a W-9 / ACH Enrollment form, you can find a copy of the form (W-9 Form) and instructions (W-9 Instructions)
    • For assistance, please call Adam Perkins – 402-471-3765

When will I receive the grant funds?

  • If you applied before July 12th:
    • If you were awarded and were NOT asked to correct your banking information, DED has already processed your payment. After your payment is processed, there is a minimum 5-day hold with your bank before the funds will be deposited into your account. This means that you may not see the funds until early September.
    • If you were awarded and had to CORRECT your banking information due to errors in your original submission, DED is currently processing your corrections.
  • If you applied after July 12th:
    • If you were awarded and were NOT asked to correct your banking information, DED will process your payment by the end of September, as stated in your award email. After your payment is processed, there is a minimum 5-day hold with your bank before the funds will be deposited into your account.
    • If you were awarded and had to CORRECT your banking information due to errors in your original submission, DED is currently processing your corrections.

What do I do after receiving the grant?

  • What compliance/documentation steps should my business take after receiving funding?
    • You should keep all receipts detailing how Stabilization grant money was spent in case you are selected for an audit. You will also be expected to fill out a survey at the end of the grant
  • Are Stabilization grants considered taxable?

Questions?

Contact:

800-426-6505

 

See Frequently Asked Questions for more information on common questions.