Southern Nevada continues to gain momentum as a hub for innovation, manufacturing, and financial technology, as four companies have announced plans to expand or establish new operations in the region. The projects, approved during the November 10, 2025, Nevada Governor’s Office of Economic Development (GOED) Board meeting, represent more than $9.2 million in new capital … [Read more...] about Southern Nevada Expands Economic Momentum with $9.2M+ in Capital Investment and Nearly 325 New Jobs
Nevada Governor’s Office of Economic Development (GOED)
Is Nevada Ready for the Tech Boom?
Imagine Nevada as the next Silicon Valley—without the congestion, taxes and regulatory red tape. With technology moving at lightning speed, Nevada stands at a critical juncture to embrace a tech-driven economy. But there's a gap we need to fill: tech jobs are booming, but there aren’t enough skilled workers to meet the demand. So, what’s the solution? By embracing deregulation, … [Read more...] about Is Nevada Ready for the Tech Boom?
GOEDInnovation and the Entrepreneurial Space
“GOED is actively building an electric, innovative and connected Nevada future,” said Tom Burns, executive director at the Nevada Governor’s Office of Economic Development (GOED). “We certainly recognize the contributions mining and hospitality have made to the state. But we take advantage of building and expanding other sectors by bringing companies into Nevada. As new … [Read more...] about GOED
Around the StateMay 2024
Advanced Manufacturing Technology Center Launched Panasonic Energy, in partnership with Truckee Meadows Community College (TMCC), has launched the Advanced Manufacturing Technology Center in Reno. The center aims to foster innovation and education in manufacturing with a commitment toward advancing STEM education and technology. Outfitted with state-of-the-art equipment, the … [Read more...] about Around the State
Industry FocusEconomic Development
Relatively speaking, Nevada’s economy is in its infancy. And despite success in gaming, tourism and entertainment, the Silver State’s economic development faces numerous challenges. Recently, economic specialists met at a roundtable sponsored by City National Bank and held in Las Vegas to discuss the current and future economy of Nevada including its lack of funding, a missing … [Read more...] about Industry Focus
Around the StateSeptember 2023
Roseman University Receives Grant for Empowered The EMPOWERED program at Roseman University College of Medicine was awarded a two-year grant of $230,360 per year through the Fund for a Resilient Nevada. The grant will support the program to continue to help pregnant and post-partum women in their recovery from opioid use disorders. The fund was established in 2021 to … [Read more...] about Around the State
Around the StateApril 2023
GOED Approves Tesla Abatement The Nevada Governor’s Office of Economic Development (GOED) approved a $330,250,366 tax abatement for Tesla. The company’s first abatement was approved in 2014 and, as a result, Tesla will begin paying an annual minimum of $53 million in real and personal property taxes and modified business taxes beginning July of next year. Since that … [Read more...] about Around the State
Around the StateNovember 2022
Uprise Fiber Awarded USDA Grant to Build Fiber Network in Pershing County Reno-based independent fiber internet service provider (ISP), Uprise Fiber has been awarded a $27.1 million grant through the federal ReConnect Loan and Grant Program from the United States Department of Agriculture (USDA). The grant will be used to build a Fiber-to-the-Premise network in Pershing … [Read more...] about Around the State
Around the StateApril 2022
Saint Mary’s Adds Rehab Unit Saint Mary’s has announced the addition of an inpatient acute rehabilitation unit (ARU). The unit is expected to open in 2023 and will be located in the existing hospital. The ARU will add 14 beds and include private rooms and recreational and therapy spaces. Nevada College Receives “First-Gen Forward” Designation The Center for … [Read more...] about Around the State
Economic Forecast 2022Nevada’s Economy Recovering – But Coronavirus Still Haunts State
Last year’s theme for Nevada’s economy was one of recovery versus recession as the state entered 2021 with coronavirus restrictions still in place. As the year progressed those restrictions slowly eased allowing for gaming revenues to recover, even as thousands of employees remain sidelined. The recovery was also assisted by employment recovering to pre-coronavirus levels in … [Read more...] about Economic Forecast 2022
Industry FocusEconomic Development
The importance of a diversified economy has never been clearer than in the aftermath of the COVID pandemic. Economic development agencies have an important role to play in bringing companies to Nevada and helping create that diversification. Recently, executives representing this industry met in a virtual roundtable, sponsored by City National Bank, to discuss these vital … [Read more...] about Industry Focus
Around the StateOctober 2020
GOED Approves Tax Abatements for Companies The Nevada Governor’s Office of Economic Development (GOED) Board of Directors has approved abatements for Lithium Nevada Corp. and Google that are expected to result in $1.1 billion in investments, the creation of 163 permanent jobs and 5,300 construction jobs. Google was approved for a 2 percent sales tax abatement for 20 years, … [Read more...] about Around the State
Around the StateJuly 2020
GOED Approves Workforce Development Program The Nevada Governor’s Office of Economic Development (GOED) Board of Directors has approved a grant to the College of Southern Nevada (CSN) for an advanced manufacturing rapid response program. The grant is for $2 million and is expected to expand skilled training offerings in southern Nevada by expanding and accelerating the … [Read more...] about Around the State
Around the StateMay 2019
City National Bank Becomes a Founding Partner of T-Mobile Arena T-Mobile Arena and the MGM Grand Arena have reached a multi-year agreement with City National Bank to establish the bank as a founding partner for the venue. City National has been named the exclusive financial services partner for both T-Mobile and MGM Grand Garden arenas and will have a large-scale branding … [Read more...] about Around the State
Around the StateMarch 2019
GOED Awards Grants to Revitalize Nevada Main Streets The Nevada Governor’s Office of Economic Development (GOED) has awarded almost $100,000 in grants to help fund six projects around the state to revitalize main streets. White Pine County, Gardnerville, Lovelock, Wells, Humboldt and Downtown Reno all received funds ranging from just over $1,500 to $35,000. The grants are … [Read more...] about Around the State