NVGrow is a State of Nevada small business initiative customized for Southern Nevada existing businesses that have over $50,000 and less than $700,000 in sales. Participating businesses receive access to economic and demographic data and assistance from Nevada Small Business Development Center counselors to help grow their businesses.
This program provides grant assistance to small businesses located in the State of Nevada that demonstrate financial need.
Small businesses that are operated in the State of Nevada.
– Proprietary intellectual property or knowledge.
– A large market size.
– Management team members with expertise and experience.
– Scalable business model.
– A current valuation that allows for a good return on investment.
– Ability to promote the NVenture program and give back to the community.
The application portal will remain open until funding is completely exhausted.
An email will be sent to request the required documentation. Each application will be carefully evaluated by the funding committee.
Economic prosperity for all American business enterprises.
The U.S. Department of Commerce, Minority Business Development Agency (MBDA)
is the only federal agency solely dedicated to the growth and global competitiveness of minority business enterprises.
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Through July 2022
Govenor Sisolak signed the Nevada Grow Bill, originally introduced by Nevada State Senator (former Assemblywoman) Dina Neal, awarding $400,000 to CSN to continue overseeing the program by Director Kevin Raiford.
