PREMA Revolving Loan Fund PREMA (Panhandle Rural Electric Membership Association) has contributed to economic development and business expansion within its service territory. By establishing a Revolving Loan Fund (RLF), PREMA plans to further enhance the economic climate of the area by helping finance projects that lead to the creation of jobs and long-term employment for rural residents and sustained economic growth in the area.
PREMA Brochure 2019
Schedule a meeting with the BBDC Executive Director to receive an Application.
Main Street Alliance Facade Grant Program The Façade Improvement Program was developed to provide incentives to downtown business and property owners for making easy, affordable, but noticeable changes to the outside of their buildings. The funds may be used for improvements that comply with the Main Street Guidelines. Types of improvements that the funds may be used for include exterior paint, awnings, signs, and complete façade renovations.
Facade Grant Application
Alliance Economic Development Assistance (LB840) The funds from the program will be used to encourage and assist existing local and new qualifying businesses in the creation and retention of jobs. The success of the program will be measured by the number of jobs created and retained for the length of the program.
City of Alliance Economic Development Plan
Schedule a meeting with the BBDC Executive Director to receive an Application.
Tax Increment Financing (TIF)
Alliance & Hemingford
Tax Increment Financing (TIF) in Nebraska is intended to finance the public costs related to a private development project. TIF provides an avenue to attract private investment in designated redevelopment areas by enabling city governments to dedicate all property tax revenue increases to repay the public investment needed to recruit the development. The City of Alliance has the ability to use TIF to assist a new or expanding business in eligible redevelopment districts.  The Village of Hemingford is also eligible for the use of TIF, up to 100% of their corporate limits.
More Information on TIF 
Schedule a meeting with the BBDC Executive Director to receive an Application.
Panhandle Area 
Development District (PADD)
PADD Revolving Loan Fund (RLF) provides for subordinated gap financing, in conjunction with local financial institutions, as well as direct financing in some cases.  These loans are perfect for financing fixed assets such as land, buildings, equipment, as well as working capital or inventory.
Bryan Venable – Business Resources/Social Enterprise Manager
1620 Broadway Suite A-10, Scottsbluff, NE 69361
Rural Enterprise Assistance Project (REAP) REAP is a rural microenterprise lending organization created by the Center for Rural Affairs. Through REAP you can create a business plan, research potential markets and marketing ideas, discuss management issues with experienced business specialists, and apply for a small business loan.
Anthony Gurrola – Latino Loan Specialist
615 South Beltline Hwy West, Suite 1, Scottsbluff, NE 69361
Nebraska Business Development Center (NBDC) NBDC is a cooperative program of the U.S. Small Business Administration and the University of Nebraska at Omaha.  NBDC can assist you with Market Potential, Business Plan, Capital Access, Operations, Sales – Government Contract, or Business Transition – Exit & Succession Planning.
Visit: Burkhiser Technology Complex, Room 120 at Chadron State College (CSC)
1000 Main Street, Chadron, NE 69337
308-432.6282 or

If you are looking for a Site or Building, we keep an inventory of available properties at our office.  Call today to set up an appointment! (308) 762.1800.