Why Nebraska

With its high quality of life, low cost of living, good people and great opportunities, Nebraska is a wonderful place to find a job, start a business, or raise a family. The Good Life is Calling!

Why Nebraska?

  • Strategic Location: Centrally located in the U.S., Nebraska offers easy access to major markets, suppliers, and customers, reducing distribution costs.
  • Pro-Business Policies: Nebraska’s business-friendly regulatory environment includes tax incentives, grants, and a streamlined permitting process, fostering growth and innovation.
  • Skilled Workforce: The state boasts a well-educated and diverse workforce with a strong work ethic and adaptability, making it an ideal location for various industries.
  • Low Operating Costs: Nebraska’s low cost of living and competitive business operating costs result in increased profitability and a higher quality of life for employees.
  • Infrastructure: With an extensive network of highways, railways, and access to major shipping routes, Nebraska facilitates efficient transportation of goods across the country.
  • Innovation and R&D: The state’s commitment to research and development is evident through collaborations between academia, industry, and government, fostering innovation.
  • Energy Resources: Abundant and affordable energy sources, including renewable options, provide a cost-effective advantage for businesses in Nebraska.
  • Agribusiness Hub: Nebraska’s robust agriculture sector provides a steady supply of raw materials and a foundation for related industries, such as food processing.
  • Quality of Life: The state’s safe communities, excellent healthcare, top-tier education, and recreational opportunities contribute to a high quality of life for residents.
  • Proximity to Universities: Access to renowned research universities and community colleges offers a continuous pool of skilled talent and opportunities for partnerships.
  • Business Support Networks: Nebraska’s active chambers of commerce, industry associations, and economic development agencies collaborate to provide support and resources to businesses.

Incentives

Nebraska’s incentive programs are designed to meet the needs of expanding and relocating businesses.

ImagiNE Nebraska is our redesigned incentives portfolio created with small and large businesses in mind. Whether expanding your business or relocating to Nebraska, let us help you ImagiNE the possibilities.

ImagiNE is a performance-based incentives program that rewards you for hiring, investing, relocating and expanding in Nebraska. Credits earned are based on the number of Full Time Equivalent Employees (FTE’s) that are added and the amount of investment made at qualified locations in the state.

Incentives include:

  • Wage credits awarded for wages paid to new FTE’s
  • Investment credits awarded for investment made in qualified property at qualified locations
  • Sales/use tax direct refunds and exemptions
  • Personal property tax exemptions

Example of credits earned at the Manufacturing Growth and Expansion-Rural level:

  • Investment: $5 Million
  • FTE’s added: 35
  • Average wage of new FTE’s: $41,600/yr
  • Wage Credits: $611,520†
  • Investment Credits: $200,000‡
  • Total Estimated Credits: $811,520

Eligible activities:

  • Manufacturing – 31, 32, or 33, including pre-production services
  • Testing Laboratories – 541380
  • Rail Transportation – 482
  • Truck Transportation – 484
  • Insurance Carriers – 5241
  • Wired Telecommunications Carriers – 517311
  • Wireless Telecommunications Carriers (except Satellite) – 517312
  • Telemarketing Bureaus and Other Contact Centers – 561422
  • Data Processing, Hosting, and Related Services – 518210
  • Computer Facilities Management Services – 541513
  • Warehousing and Storage – 4931
  • Administrative Management of the taxpayer’s activities, including headquarter facilities.
  • Logistics Facilities – Portions of NAICS 488210, 488310, and 488490 dealing with independently operated trucking terminals, independently operated railroad and railway terminals, and waterfront terminal and port facility operations.
  • Services provided on aircraft brought into the state
  • Conducting of research, development, or testing, or any combination thereof, for scientific, agricultural, animal husbandry, food product, industrial, or technology purposes.
  • Production of electricity by using one or more sources of renewable energy to produce electricity for sale.
  • Computer Systems Design and Related Services – 5415
  • Financial Services
  • Post-harvest Crop Activities (except Cotton Ginning) – 115114
  • Processing of tangible personal property