diversifynevada.comHomepage - Nevada Governor's Office of Economic Development

Why Nevada Nevada Advantage Regions Data Portal Key Industries Programs & Incentives Incentives Opportunity Zones Workforce Development Rural Community & Economic Development Innovation Based Economic Development International Trade Procurement Assistance & Outreach Nevada Film Office Emerging Small Business Pandemic Emergency Technical Support (PETS) Grant Southern NV Infrastructure Development Group Southern NV Infrastructure Development Group – Meeting Details About Board Notices & Agendas Staff Directory State Plan Policy Papers Reports & Studies Newsroom Press Releases Newsletters GOED Annual Reports Contact Public Information Requests Empowering Success Why Nevada Nevada's Plan For Recovery And Resilience Nevada's Plan For Recovery And Resilience Governor’s Executive Budget 2021-2023 Budget Highlights NEVADA’S CLIMATE STRATEGY The State Climate Strategy is an integrated, economy-wide roadmap for the Silver State to accelerate climate action necessary to achieve Nevada’s climate goals and capture the health and economic benefits of the clean energy and technology revolution. The Strategy is just the beginning of future climate action in Nevada. As a living document, the Strategy will be adapted and updated as the impacts of climate change evolve and new climate-friendly technologies become available. click here to download full state climate strategy Nevada Advantage A business-friendly state, with state and local governments committed to streamlining approval processes and remaining a very low-regulation environment. A state in which your local and state government officials are accessible. A state whose Governor is committed to economic development, creating an office and organizational support system dedicated to businesses who are relocating, expanding, or starting up operations in Nevada. Regional development authorities support the state’s economic development with extensive local knowledge, resources and assistance. A state with the infrastructure in place to support the primary industry sectors that are our focus for our economic development. Located in a prime distribution location, a transportation hub ideal for manufacturing, distribution/logistics, information technology/data centers, tourism and many more. A favorable tax environment for business and industry. More than 56 million people visit Nevada each year. Las Vegas McCarran Airport is in the top 10 of U.S. airports. Reno-Tahoe Airport is an LAX and SFO alternative. Able and willing workforce in right-to-work state. An abundance of economical commercial real estate. Low-cost startup, regulatory, licensing and annual fees. Consistently one of the top 10 most business-friendly states. No corporate income tax. No personal income tax. No franchise tax on income. No inventory tax. No inheritance or gift tax. No unitary tax. No estate tax. Less than one-day’s drive to 60 million customers and five major U.S. ports serving the Pacific Rim. Competitive utility rates for commercial operations. Who's Doing Business Here? “We’ve invested $1.6 billion in the region today and over the course of the next six years, we intend to invest an additional $1 billion." - Tim Cook With a significant and growing presence in both Reno and North Las Vegas, Amazon employs more than 3,000 Nevadans at their Silver State facilities. A global technology leader in mobility, Aptiv launched a fleet of more than 100 autonomous vehicles in Las Vegas on the Lyft network. Nevada-born Switch is reshaping America’s Internet infrastructure with energy-efficient hubs located throughout the United States, including Tahoe Reno, Las Vegas, Grand Rapids, Mich. and most recently Atlanta. "You've created a state where you can move quickly; it's a real get things done state." - Elon Musk “The Raiders are proud to be joining such a special team, for together we are Vegas Strong.” - Mark Davis "You’ve created a state where you can move more quickly" - ELON MUSK Programs & Incentives Accessible. Knowledgeable. Helpful. From large businesses to small, urban communities to rural, employers to employees, Nevada-born to new-to-Nevada, GOED staff offer a comprehensive toolkit of economic development programs and incentives. GOED is committed to promote a robust, diversified and prosperous economy in Nevada, stimulating business expansion and retention, encouraging entrepreneurial enterprise, attracting new business, and facilitating community development. The State of Nevada, through GOED, offers a variety of incentives to help qualifying companies make the decision to do business in the state, including sales tax abatements on capital equipment purchases, sales and use tax deferral on capital equipment purchases, abatements on personal and modified business taxes, real property tax abatements for recycling, assistance with the cost of intellectual property development, and employee training grants. The state also offers abatements on aviation parts and data centers, and assistance with workforce development. Explore Programs & Incentives Opportunity Zones Nevada's Opportunity Zones encourage private investment in areas of Nevada most in need and have also accelerated the construction of affordable housing projects across the state. Read More Incentives Help Nevada's business and workforce-friendly climate become even more competitive. Read More Innovation Based Economic Development The Nevada Governor's Office of Economic Development (GOED) is leading an initiative to make technology commercialization a high priority in Nevada Read More Nevada Film Office The Nevada Film Office provides a variety of resources and support for hundreds of productions annually Read More Procurement Assistance & Outreach Nevada PTAC, POP provides procurement technical assistance to established Nevada businesses in pursuit of local, state and federal government contracting and subcontracting opportunities. Read More Rural Community & Economic Development The overarching goal is to build prosperity and enhance the quality of life in rural Nevada. Read More Emerging Small Businesses The Local Emerging Small Business (ESB) Program is a new certification program for Nevada small businesses interested in doing business with state and local government agencies. Read More Key Industries For Nevada, Economic diversification does not mean abandoning our traditional sectors of tourism, mining, and agriculture. Rather, other industries will expand to establish a broader economic foundation. Our state strategic plan identified more than 30 opportunities and categorized them across seven sectors. It is within these opportunities that Nevada can realize its potential for producing high-quality jobs. The state marshals resources to assist regions in the development and execution of sector-specific and cross-sector strategies toward capitalizing on targeted opportunities, especially through innovation. A variety of opportunities is the linchpin for economic diversification in Nevada. GOED’s industry specialists work closely with the RDAs and the private sector as they maximize sector development. Aerospace & Defense Health Information Technology Manufacturing & Logistics Mining Natural Resource Technologies Tourism & Gaming Living in Nevada Nevada is a state of extraordinary contrasts, from the excitement of the Las Vegas Strip’s dazzling lights to the tranquility of desert sunsets with rich reds and purples; from the hip, entrepreneurial vibe of Reno to the unparalleled year-round beauty of Lake Tahoe. The Silver State offers outdoor recreational options that include world class golf, skiing and boating - as well as fishing, hunting and hiking in three national parks, two dozen state parks, and several thousand acres of wilderness, national recreation areas, national forests, wildlife refuges and other protected places. Explore the world around you. Indulge your inner foodie. Discover historic towns. Meet local artists....