Rosen Applauds Nearly $1.8 Million in Funding Awarded to Nevada Nonprofit to Support Startups and Small Businesses

LAS VEGAS, NV – Today, U.S. Senator Jacky Rosen (D-NV), a member of the Senate Committee on Small Business and Entrepreneurship, applauded news that the U.S. Economic Development Administration (EDA) will award StartUpNV — a nonprofit that serves as Nevada’s only statewide business incubator — with nearly $1.8 million in federal grant funding for their efforts to grow businesses, create jobs, and attract and retain the best and brightest local talent. StartUpNV estimates that their programs will create over 4,400 new jobs and boost economic output in Nevada by over $2.4 billion over the next ten years.

“Nevada has no shortage of innovators and entrepreneurs, and I’m working every day to advocate on their behalf and ensure they have the resources they need to grow and thrive in our state,” said Senator Rosen. “I’m thrilled that StartUpNV is receiving this funding to continue supporting startups and small businesses across our state.”

Senator Rosen has actively worked to protect and promote small businesses in Nevada and across our nation. Recently, Senator Rosen introduced bipartisan legislation that would require the Small Business Administration (SBA) to create a centralized website for all federal, state, and local licensing and business permit information and materials for small businesses. Rosen also recently visited a Reno-based defense startup as part of her role as Senate Chair of Congressional Startup Day, a bipartisan event held each year that recognizes the innovation and entrepreneurship of startups across the country.