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FY 2021-2022 Seed Investment Program

Opportunity Information

Title
FY 2021-2022 Seed Investment Program
Description
The Seed Investment program can provide up to $500,000 in working capital for the commercialization of a prototype or process from a business operating in Nebraska. This is an equity investment program, not a grant. Due diligence for all investments is conducted by Invest Nebraska, a non-profit VC firm. Cash Match: 50% of project costs. 20% for Value-added agriculture projects.
Awarding Agency Name
Nebraska Department of Economic Development
Agency Contact Name
Ben Kuspa
Program
Fund Activity Categories
Departments
BIA, 01 Business Development
Subjects
Seed Investment, 21FY
Opportunity Manager
Ben Kuspa
Additional Users

Funding Information

Opportunity Funding
$0.00

Award Information

Award Ceiling
$500,000.00
Matching Requirement
Yes
Other Funding Requirement

Submission Information

Submission Timeline Additional Information
Applications are accepted on a fiscal year basis from July 1st through June 30th or until funds are exhausted.
Other Submission Requirements
Program Guidelines: https://opportunity.nebraska.gov/program/nebraska-seed-investment-program/

Question Submission Information

Question Submission Additional Information
Questions may be directed to: Ben Kuspa, Business Innovation Consultant (402) 471-3794 | ben.kuspa@nebraska.gov Additional information: https://opportunity.nebraska.gov/bia

Eligibility Information

Additional Information

Additional Information URL
Additional Information URL Description
Resources: General and Program specific Amplifund user guides and videos can be found at https://opportunity.nebraska.gov/amplifund/. Statewide Relay System: Individuals, who are hearing and/or speech impaired and have a TTY, may contact the Department through the Statewide Relay System by calling (800) 833-7352 (TTY) or (800) 833-0920 (voice). The relay operator should be asked to call DED at (800) 426-6505 or (402) 471-3111.