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Business Innovation Act (BIA)

Business Innovation Act of 2011
Provides funding to help businesses develop new technologies that lead to quality job opportunities across the state. Competitive grants provide funding and technical assistance for research at Nebraska institutions, new product development and testing, and help expand small business and entrepreneur outreach efforts. The program offers several distinct areas of assistance listed below:

Nebraska Small Business Innovation Research Initiative/Small Business Technology Transfer (SBIR/STTR) Initiative 
Provides financial assistance to small businesses applying to the federal SBIR/STTR program and maintaining a principal place of business in Nebraska. The Initiative supports applications to the federal SBIR/STTR program (Phase 0) and subsequent successful federal SBIR/STTR program applications (Phase 1 and 2).

Nebraska Innovation Fund
Provides financial assistance to individuals and businesses operating in Nebraska to support proof of concept activities or activities related to introduction of a prototype or process to the market. commercialization of products or processes.

  • Nebraska Prototype Grant Program | Guidelines | Please contact Ben Kuspa (402-471-3794 or This email address is being protected from spambots. You need JavaScript enabled to view it.) to discuss potential Prototype projects.
  • Nebraska Seed Investment Program | Guidelines | Please contact Joe Fox (402-471-8604 or This email address is being protected from spambots. You need JavaScript enabled to view it.) to discuss potential Seed Investment applications.

Nebraska Academic Research and Development Grant Program
Provides funding assistance to Nebraska businesses for projects in which the business is conducting applied research and development in conjunction with a Nebraska college and university in order to develop new or better products, processes, and innovations that, without state assistance, may not occur.

  • Nebraska Academic Research & Development Grant Program | Guidelines

Nebraska Microenterprise Assistance Program
Provides technical assistance and loans to Nebraska microenterprises located in distressed rural and urban areas to better assure their full potential to create jobs, enhance entrepreneurial skills and activities, and increase low-income households' capacity to become self-sufficient.

  • Nebraska Microenterprise Lending Program. Cycle now closed.
  • Nebraska Microenterprise Technical Assistance Program. Cycle now closed.

Applications for all BIA grant/investment programs must be submitted via NEDED's grant portal.

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