The Economic Development Authority of Western Nevada (EDAWN) and the Las Vegas Global Economic Alliance (LVGEA) are partnering to launch the Nevada Economic Developers Association, or NEDA, a statewide professional association dedicated to strengthening and supporting economic development professionals across Nevada. “The creation of the Nevada Economic Developers … [Read more...] about EDAWN and LVGEA Launch Nevada Economic Developers Association
Governor's Office of Economic Development (GOED)
StartUpNV and Community Leaders to Hold Third Annual Startup Week Las Vegas, Sept. 17-20
StartUpNV, a nonprofit statewide incubator and accelerator for Nevada-based startups, is again sponsoring the Las Vegas edition of Startup Week, Wednesday, Sept. 17 through Saturday, Sept. 20. Startup Week is a multi-day event held in cities across the world to celebrate entrepreneurship and showcase the local startup community through meetups, lectures, discussions, and … [Read more...] about StartUpNV and Community Leaders to Hold Third Annual Startup Week Las Vegas, Sept. 17-20
Nevada Governor’s Office of Economic DevelopmentThe Transformation of Nevada
In April of 2020, with all nonessential businesses closed, unemployment in southern Nevada stood at just over 31 percent; in northern Nevada it was more than 18 percent. By December 2020 Las Vegas had dropped to 12.2 percent and Reno to 5.8. Put simply, that is the effect of diversifying the economy, a process that Nevada’s development authorities have built on experience from … [Read more...] about Nevada Governor’s Office of Economic Development
Economic Development in NevadaOpportunities and Obstacles
Economic development has been scaling up in recent years, working to diversify into a more stable state economy. “We work with all the regional development authorities,” said Bob Potts, deputy director, Governor’s Office of Economic Development (GOED). “They get state funding from us, and we contract with them for the scope of work.” GOED works the legislative and policy … [Read more...] about Economic Development in Nevada
Wild at HeartEconomic Development in Rural Nevada
A lot of Nevada is rural. That doesn’t mean one rural community is the same as the next. Economic development in Nevada’s rural communities varies by community, location, established industries and what complementary businesses would fit with existing businesses. Another consideration is the type of businesses that could locate in the area and improve the quality of life for … [Read more...] about Wild at Heart
Governor’s Office of Economic DevelopmentThe Heart of Workforce Development
It’s the first thing companies ask when looking to locate or expand to Nevada. Before they ask about taxes or incentives, they ask about workforce. “We’re trying to attract companies based on the industries and target sectors we’re focused on,” explained Bob Potts, deputy director, Governor’s Office of Economic Development (GOED). “As we work with these companies, always at … [Read more...] about Governor’s Office of Economic Development
Closed:The Great Resignation and Workforce Development
In August, 4.3 million U.S. workers quit their jobs, according to Department of Labor (DOL). Food services lost 892,000 workers, 721,000 employees quit the retail industry and even more workers left education and healthcare. The start of the pandemic saw record high unemployment and by July 2021 the United States hit another record high – 11.1 million jobs … [Read more...] about Closed:
Unique ChallengesRural Nevada, Housing and Innovation Zones
When it comes to rural communities, flexibility and community support are essential proponents for any business. Right now, there are a lot of interesting things happening in rural Nevada. At the top of the list is the issue of innovation zones. A company proposing to create self-governing, corporate-owned communities within thousands of acres of land it owns in a rural county … [Read more...] about Unique Challenges
Industry FocusSubcontractors
What happens in Nevada’s commercial development industry usually filters down to commercial subcontractors. And there has been a multitude of headaches for subcontractors in the last year and a half with supply inflation and labor shortages. Executives from this industry recently met in a virtual roundtable, sponsored by City National Bank, to discuss what comes next for … [Read more...] about Industry Focus
Around the StateAugust 2020
WaterStart Program Addresses Technology Challenges After an initial $4.3 million investment, Nevada’s WaterStart program, from the Desert Research Institute (DRI) has already addressed $30 million in water technology challenges in the state. The program was funded through the Knowledge Fund, which is administered by the Governor’s Office of Economic Development (GOED). … [Read more...] about Around the State
Economic ForecastBuilding on Nevada’s Strong Economy
As Governor Steve Sisolak looks at the state’s strong economic performance at the dawn of a new decade, he sees it well-positioned to make investments that will create jobs and wealth for years to come. Top economists expect Nevada’s strong performance will continue into the New Year and that optimism, Sisolak says, creates an opportunity to address long-term economic … [Read more...] about Economic Forecast
Moving Goods from A to BNevada’s Logistics Industry is Strong
When imported merchandise arriving on the West Coast can’t be sold due to some type of problem, such as incorrect labeling, loose threads, minor damage and the like, Quality Corrections & Inspections (QCI), a company with a base in Henderson, resolves the issue, quickly returning the merchandise to first quality and the supply chain. In doing so, QCI mitigates the potential … [Read more...] about Moving Goods from A to B
Around the StateAugust 2019
Mineral County Joins Nevada's Sierra Region The economic development service area of the Northern Nevada Development Authority (NNDA) has now been expanded to include Mineral County. The addition grows Nevada’s Sierra region to a total land mass of 7,009 square miles and a population of over 165,450. In addition to Mineral County, the region includes Carson City and Douglas, … [Read more...] about Around the State
The Silver State & So Much More: Mining in Nevada
Nevada has been known as “The Silver State” since it entered the Union in 1864, but these days, it’s equally famous for gold, lithium, molybdenum and a host of other minerals. Nevada has 119 mines, located in every county except Douglas, and even has six producing oil fields. Mining represents a vital component of the state’s economy. Its total economic output in 2015 … [Read more...] about The Silver State & So Much More: Mining in Nevada
Tenth Annual Healthcare Heroes
Legacy Celebrating its 10th year, Healthcare Heroes began with the dual goal of honoring individuals that excel in healthcare and helping fund scholorships for Nevada’s future healthcare educators. After realizing there wasn’t a program in place to honor individuals that have done amazing things to propel healthcare in the Silver State, Healthcare Heroes was born with 10 … [Read more...] about Tenth Annual Healthcare Heroes