Governor's Office of Economic Development
 
 
 
 
 
 
A MESSAGE FROM
The Executive Director
 
On behalf of Governor Steve Sisolak, it is an honor to welcome everyone to the first new newsletter from the Nevada Governor’s Office of Economic Development. In this newsletter I am pleased to introduce the Nevada Recovery Plan, a roadmap that is designed to build a path forward to restart Nevada’s economy safely and sustainably. Before the pandemic hit, Nevada’s economy was thriving. While things have shifted in our personal lives and the economy, the state still has a lot to be proud of, including:
 
  • The Nevada Department of Business and Industry approved $200 million in tax exempt bonds for Virgin Trains USA’s planned high-speed train program between Las Vegas and Southern California connecting Nevada to the fifth largest economy in the world
  • The Nevada Procurement Technical Assistance Center received the 2020 Outstanding Project Award from the Association of Procurement Technical Assistance Centers
  • Seven communities in Nevada have been recognized by Main Street America for their demonstrated commitment to comprehensive commercial district revitalization and proven track record of successfully applying the Main Street Approach™
  • Federal Aviation Administration (FAA) granted $848,685 in funding toward an overall contract of $1.79 million to Switch (NYSE: SWCH), in coordination with Nevada’s Unmanned Aircraft Systems (UAS) test site which help the Silver State remain at the forefront of drone technology and further amplify our position as the Innovation State
  • As part of the Business Development Team efforts, the following projects are currently active and in varying stages of moving forward: Project Veil, Project Red, Project Titan, Project Power, Project Baltic, Project Command, Project Vacation, Project Thermo, and Project Triple M

Despite the challenges we will we face in the coming months on this road to recovery, GOED is committed to our mission of providing a vibrant, innovative, and sustainable economy. We will continue seeking opportunities to improve Nevada’s economic development landscape through various programs and incentives. I remain confident that the people of Nevada will continue to strengthen the Silver State’s economy, and that we will come out of these circumstances stronger than ever.

Michael Brown
Executive Director of the Nevada Governor’s Office
of Economic Development
 
READ MORE ... REVIEW JOURNAL ARTICLE
 
 
 
By Dr. Roland Stephen
 
As the recovery and resilience plan is developed and implemented state leaders will need to turn their attention to strategic initiatives that ensure Nevada’s economic and social resilience into the future. Such initiatives could fall into the following key categories:
 
Cluster Strategies
  • Review and refresh target industries, differentiated by region
  • Pursue a reshoring/onshoring recruitment strategy
  • Development new tools for business retention

Infrastructure
  • Design and initiate the development of a smart logistics hub in Southern Clark County
  • Design an associated advanced manufacturing park
  • Complete a multi-modal transportation hub in Fernley
  • Invest in “total connectivity” for Las Vegas and Reno Sparks metro areas

Technology
  • Establish Southern Nevada as a world data hub
  • Target recruitment of technology-based firms in automation and digital technologies
  • Fund technology-based entrepreneurship
  • Support for entrepreneurship in the digital arts

Cleantech
  • Become the world center for energy storage supply chain
  • Transition to a low-carbon, low-emissions economy
  • Transition to a water-wise economy

Remote Work
  • Complete the development of comprehensive health services across Nevada
  • Ensure the availability of quality housing at reasonable prices
  • Foster outdoor recreation and lifestyle entrepreneurs
  • Arts and entertainment
 
GOED BOARD PRESENTATION
 
 
DRI’s WaterStart Program Another GOED Knowledge Fund Success Story
 
After investments totaling $4.3 million through the Knowledge Fund administered by the Nevada Governor’s Office of Economic Development (GOED), the WaterStart program is spinning out of the Desert Research Institute (DRI) into a successful company that has already addressed $30 million in water technology challenges based in Nevada.
 
“The WaterStart spin out of DRI represents yet another success story of the Knowledge Fund,” said Michael Brown, GOED executive director. “GOED is looking forward to continuing to work with WaterStart providing technology solutions for Nevada’s water resource-based challenges as well as growing the water-tech sector in our state thereby creating high paying employment opportunities for Nevadans.”
 
 
READ MORE
 
 
 
Gardnerville Receives 2020 Main Street America Accreditation
 
The Governor’s Office of Economic Development (GOED) has announced that seven communities in Nevada have been recognized by Main Street America for their demonstrated commitment to comprehensive commercial district revitalization and proven track record of successfully applying the Main Street Approach™.
 
  • Gardnerville received the top tier of recognition being designated as a 2020 Accredited Main Street America™ program.
  • Ely, Wells, Mesquite, Tonopah, Reno, and Winnemucca received designation as Affiliate Main Street America™ programs in recognition of their dedication to creating positive change in their downtowns and commercial districts using the Main Street Approach™.
 
“Nevada Main Street leaders are dedicated to revitalizing their downtown districts to make the heart of their historic communities thriving economic districts,” Michael Brown, GOED Executive Director said. “We are proud to support their efforts to restore these unique Nevada downtowns.”
 
READ MORE
 
 
 
Tu Biomics, Agriculture Biotechnology Company Spins Out of DRI
 
The Desert Research Institute (DRI) has successfully spun out its first research-based company focused on innovative solutions in agriculture with support from the Governor’s Office of Economic Development (GOED) Knowledge Fund.
Tu Biomics Inc., inspired by DRI’s expertise in microbial ecology, is an agricultural biotechnology company that targets the soil health challenges associated with industrial-scale farming. In conjunction with DRI’s plant and molecular biology scientists, Tu Biomics is developing a platform of organically derived biocontrol agents (BCAs) as a sustainable, effective alternative to currently available synthetic chemistry options.
 
READ MORE
 
GOED Board Approves Workforce Development Program
 
The Nevada Governor’s Office of Economic Development (GOED) Board of Directors approved granting $2 million to the College of Southern Nevada (CSN) for an advanced manufacturing rapid response program.
 
“This program will expand skilled training offerings in southern Nevada, to support the advanced manufacturing industry and prepare workers for jobs in this industry,” said Michael Brown, GOED Director. “With our unemployment rate so high as a result of the COVID-19 health crisis, the State of Nevada will do everything possible to provide access to the workforce training opportunities that will get our citizens back on their feet.”
 
The funding comes out of the State of Nevada’s Workforce Innovations for the New Nevada (WINN) fund to support companies looking to expand or locate their business operation in Nevada with training programs that will equip workers with the skills needed by employers.
 
READ MORE
 
 
In mid-March 2020, GOED led a two-week trade and education mission to Poland, Slovenia, Croatia, and the Czech Republic. This mission marked the largest ever led by GOED where the International Trade Division was accompanied by 15 delegates representing 12 different educational institutions and businesses. Companies who participated in this mission were awarded with up to $9,000, from the Nevada State Trade Expansion Program (STEP) to assist with approved costs. This grant is funded in part by the U.S. Small Business Administration.
 
During the mission, the companies and academic delegates were able to participate in over 50 planned events which included meetings with local government officials, academic institutions, chambers of commerce and businesses. Two highlighted companies that the delegation was able to meet with were the Slovenian company Roto (industry leader in rotomolding) and the Czech company HE3DA (industry leader in energy storage). Both these businesses have interest in opening headquarters in the United States with Nevada being a potential candidate.
 
This mission also marked the first U.S. business delegation to visit Slovenia in the past 25 years, the first Europe – Nevada Global Summit which was held in Savudrija, Croatia and had the outcome of academic letters of intent signed as well as business deals between the Nevada participants and European companies.

The trip was a great success and GOED received some great feedback from the attendees:
 
“One important highlight of the part of the mission to Poland was our visit to the European Solidarity Center in Gdansk, with a surprise appearance by Lech Walesa, former President of Poland and Nobel Peace Prize Laureate. In Slovenia, we signed a new agreement with the University of Ljubljana. We also had productive meetings with other universities. It was a pleasure moderating an academic collaboration panel with representatives from the SGH Warsaw School of Economics, University of Ljubljana, University of Pula, and the University of Nevada, Reno at the Europe – Nevada Global Summit.”  – Mehmet Tosun, Director of International Business Programs at UNR College of Business
 
“I cannot speak highly enough of the work done by the GOED team to coordinate introductions to U.S. Embassies, set up B2B meetings, plan networking opportunities with chambers of commerce, and arrange for visits to key technology companies in all four countries on the trip… I wrote an article shortly upon completion of the mission on LinkedIn that highlighted many of the companies that we were able to meet. As a result of these efforts, Ioterra is now exporting services to four separate companies (Embiq in Lublin, Untitled Kingdom in Krakow, Chipolo and Qubino in Slovenia) and are in detailed conversations with five more. Additionally, due to one of these partnerships, we were able to bring a large (>$100k) implementation project to Breadware, an Ioterra partner that is headquartered in Reno.”  – Danny deLaveaga, COO/CRO, Ioterra
 
 
STEP Grant

The U.S. Small Business Administration awarded $257,914 to GOED to administer State Trade Expansion Program (STEP) for Nevada Eligible Small Business Concerns (ESBCs) to enter or expand into global markets under STEP 8 project. GOED has awarded 38 companies this past January with STEP funding and 30 Nevada small businesses in July.

The Nevada STEP team has completed its work on its next application for SBA funding under STEP 9 which aims to increase the amount of funds available to Nevada small businesses to assist with export related activities. Understanding difficulties when it comes to travel restrictions during this time, the SBA and GOED have discussed new opportunities for the Nevada small business community to participate in export related activities. Many of these new opportunities have a strong “virtual” component, including virtual trade shows, market intelligence, eCommerce Innovation Lab, and online export training.

 
For a list of STEP opportunities and the STEP 8 application click on the button below.
 
Nevada PTAC, Procurement Outreach Program receives APTAC’s 2020 Outstanding Project Award
 
The Association of Procurement Technical Assistance Centers (APTAC) presented its 2020 Outstanding Project Award to the Nevada Procurement Technical Assistance Center (PTAC) for its ten-page checklist document entitled, “A Checklist of Risk Mitigation Tips for PTAC Clients Pursuing Firm-Fixed-Price (FFP) Professional Service Contracts.”
 
Knowing and applying the mantra, “sharing is caring,” the statewide Nevada PTAC Team, mindfully collaborated and generated a ten-page checklist document entitled, “A Checklist of Risk Mitigation Tips for PTAC Clients Pursuing Firm-Fixed-Price (FFP) Professional Service Contracts.” The Nevada PTAC not only taught a webinar about the tailorable checklist document to PTAC clients because FFP government contracts can either make or break a company, the team also hosted the APTAC 2019 Spring Conference in Reno, in March.
 
APTAC’s Outstanding Project Award recognizes an accomplishment that stands out from the usual activities that all PTACs organize and undertake. The award is given to projects that benefit all APTAC members and/or serve as a model for other PTACs to emulate. Nevada PTAC’s proactive and innovative project to create a valuable resource that can be used by all represents just such an initiative.
 
APTAC is the professional organization of and for the 94 Procurement Technical Assistance Centers (PTACs) sponsored by the Defense Department’s Defense Logistics Agency and local host organizations. APTAC supports the PTACs by providing them critical updates on the ever-changing procurement processes across all federal agencies; comprehensive training opportunities and certification; and a national presence to collaborate with federal agencies on small business contracting initiatives and otherwise provide a voice in national government contracting assistance and policy arenas.
 
 
 
The Nevada Film Office promotes the state of Nevada as a destination for the creation of content from film and television, to music and video games and many other multimedia projects. During the COVID-19 pandemic, the Nevada Film office has been working diligently assisting production crews by providing frequent filming updates and suggested safety COVID-19 guidelines and protocols. Nevada recently facilitated the filming of one of the very first movies since the pandemic hit, a Lifetime network Christmas movie featuring actor Mario Lopez Jr. and actor/director Melissa Joan Hart in Carson City, Nevada.
 
FOR MORE INFO
 
Free Face Coverings/Masks from the Vegas Chamber and Nevada Small Business Development Center (SBDC)
 
SOUTHERN NEVADA:  The State of Nevada's NEVADA COVID-19 Response, Relief, and Recovery Task Force and the Vegas Chamber are working together to distribute free face coverings/masks and free "Stay Safe, Stay Open" posters for small businesses in Southern Nevada. Please see the Vegas Chamber's website to directly request these free items for your business, and to directly ask any questions your business may have. Please note that supplies are limited.  Business owners may fill out the form by clicking on the button below.
 
NORTHERN NEVADA:  The State of Nevada's NEVADA COVID-19 Response, Relief, and Recovery Task Force is working with the Nevada Small Business Development Center (SBDC) to distribute free face coverings/masks for small businesses in Northern Nevada with less than ten (10) employees. Such small businesses or even businesses with ten (10) or more employees, can directly request face coverings/masks by contacting Winnie Dowling, SBDC, at email: wdowling@unr.edu, phone: 775.327.2334, or SBDC phone: 800.240.7094. Please direct any questions about this free item to the SBDC. Please note that supplies are limited.
 
 
 
Economic Pulse Newsletter Board Report Introduction
 
The Governor’s Office of Economic Development's Quarterly Board Report highlights various business projects and goals the Silver State has achieved in the first quarter of 2020 including those in the areas of International Trade, Economic Development, Rural/Mining, and the Knowledge Fund. Nevada is continuing to make great strides on our journey to be a robust, diversified and prosperous economy in Nevada, stimulating business expansion and retention, and increasing opportunity through education and workforce development. For more information, click on the button below.
 
Free PPE
 
The Latin Chamber of Commerce is pleased to partner with the Governor’s Office of Economic Development (GOED) in providing PPE to its chamber members. “GOED has been instrumental in providing timely information and resources in this critical juncture all businesses are facing,” Latin Chamber President Peter Guzman said. “We recently received a supply of masks that we are now making available to our small businesses. We appreciate the responsiveness and assistance that the GOED team provides in serving our Latino business community.” GOED and the Latin Chamber have worked on multiple projects to further Latino businesses and continue to work together in providing the most up to date assistance to the Latino community.
 
 
BOARD MEMBERS

Governor Steve Sisolak, Chairman
Kate Marshall, Lieutenant Governor
Barbara Cegavske, Secretary of State
Mr. James Barrett, President, the JABarrett Company
Dr. Dana Bennett, President, Nevada Mining Association
Dr. Weldon (Don) Havins, MD, JD, Professor and Director of Medical Jurisprudence and Ophthalmology, Touro University Nevada
Mr. Dan Klaich, Voting Member At-Large
Mr. Adam Kramer, Executive Vice President of Strategy, Switch
Mr. Raymond Specht, Founder and CEO, Specht Leadership Consulting
Heather Korbulic, Director, Department of Employment, Training and Rehabilitation
Dr. Thom Reilly, Chancellor, Nevada System of Higher Education
 
 
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