As the cost of living and doing business in mega-cities continues to break records, entrepreneurs are discovering a desirable alternative: neighboring Reno, Nevada. No longer known for its gaming culture, Reno is building a reputation as the right place for entrepreneurs who are ready to bet on themselves and their big ideas.
Governor Steve Sisolak and the Nevada Governor’s Office of Economic Development board recently approved performance-based initiatives for seven businesses to relocate to Nevada or expand already-existing operations.
On March 15, 2018, board members for the Nevada Governor’s Office of Economic Development approved applications for 12 businesses throughout the state, which will create 654 new jobs, and nearly $500 million in capital investment. “After leading the nation in private-sector job growth last year, Nevada is off to a strong start in 2018 and this impressive slate of diverse companies, either relocating to or expanding in the Silver State, will help to ensure our growing workforce continues to have access to a stable, sustainable job market and rising wages,” said Governor Brian Sandoval.
The vision to build Northern Nevada’s economic future on sectors such as advanced manufacturing and advanced logistics can become a reality only if the region’s workforce has the skills that new and expanding employers require. The Pennington Applied Technology Center at Truckee Meadows Community College has a long and rich history of teaching residents the skills they need for technical jobs and updating those skills to keep workers competitive when new technologies create new employment opportunities.
Have an idea for a business venture? A statewide competition is under way with a top prize of $100,000 to help you get started. The online effort was quietly launched in late October to jumpstart an upstart Nevada company and feed the state’s entrepreneurial spirit while setting new heights for economic diversity. It’s called Project […]