Nebraska provides customers with electrical power at some of the lowest rates in the nation. The Nebraska Advantage business incentives package enhances the state's job climate and makes Nebraska a preferred location for starting and growing businesses. The Nebraska Advantage emphasizes capital investment, innovation, job creation and training for workers.
Additionally, Nebraska is focused on enhancing talent and innovation, encouraging research, prototyping as well as commercialization and development within Nebraska. As part of the Talent and Innovation Initiative, Nebraska specifically encourages investment in high-tech start-up enterprises by providing refundable state income tax credits to qualified Nebraska investors through the Angel Investment Tax Credit.
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Nebraska is having exciting business announcements on a regular basis. In fact, I just attended a Yahoo expansion announcement in the Greater Omaha area, creating 100 new jobs at their 180,000-square-foot data center.
Additionally, a Texas-based entrepreneur recently located Phynd Technologies, a new innovative software firm, in Kearney, Neb. These are just two recent examples of the hundreds of businesses that chose to locate or expand in Nebraska.