Funding and Grants

LB840 Local Economic Development Loan or Grant

LB840 Local Economic Development Loan or Grant is a local funding program available in Scotts Bluff County, Nebraska. Voter-approved local-option tax revenue loaned or granted to qualifying businesses that create or retain jobs.

LevelLocal
AdministratorAdministering municipality (City of Scottsbluff, City of Gering, or City of Mitchell)
Funding$50,000 to $1,500,000

Check which parcels qualify on the map See all funding programs

Who qualifies

The project is located in a municipality with a voter-approved LB840 economic development program. In Scotts Bluff County, Scottsbluff, Gering, and Mitchell qualify; communities such as Minatare do not unless they adopt their own program.
The applicant is a qualifying business as defined in the administering municipality's adopted economic development plan.
The award funds job creation or retention, or another activity authorized by that plan.

This program is offered in: Scottsbluff, Gering, Mitchell.

Funding terms

Loans, forgivable loans, and grants sized by the municipal program; forgiveness is commonly tied to job-creation targets. The rate, term, and amount are fixed by the administering city under its approved plan. Awards observed in Scotts Bluff County have ranged from $50,000 to $1,500,000.

What you need to apply

Business Plan
Job-Creation and Retention Projections
Project Budget and Financing Plan
Municipal LB840 Application

The rule behind this program

Every eligibility statement on this page traces to first-party authority (corpus version 2026.06).

Authorizing Statute: Local Option Municipal Economic Development Act, Neb. Rev. Stat. Sections 18-2701 to 18-2739
Program Guidance: Local Option Municipal Economic Development Act (LB840), Nebraska Department of Economic Development

Need help applying? Build Scotts Bluff offers LB840 and TIF administration for Scotts Bluff County, Nebraska. See LB840 and TIF administration services.

Advisory only. Eligibility is a deterministic read of public program rules as of the cited corpus version and is not legal advice or a guarantee of funding; every determination must be reviewed against the live program and counsel.