Report details broadband’s effect on NV economy
CARSON CITY — On Thursday, Connect Nevada released a comprehensive report detailing the key role broadband plays in business performance and the implications for a continuing economic recovery. Online sales in Nevada account for approximately $2.7 billion in annual sales revenue, including approximately $1.3 billion for businesses owned by women or minorities
The report is based on a scientific survey of 804 businesses in Nevada.
SBA seeks applications from Investment Fund Managers
WASHINGTON — The U.S. Small Business Administration (SBA) is inviting experienced early stage investment fund managers to apply for licensing as Early Stage Innovation Funds as part of SBA’s Small Business Investment Company capital investment program.
Licensed Early Stage Innovation Funds can receive SBA-guaranteed funding to match their privately raised capital up to a maximum of $50 million. Early Stage Innovation Funds must invest at lea...
Luncheon to discuss ‘The Power of 2’
RENO — The Chamber will host Cheri Hill, presenting “The Power of 2,” at the next Leads Luncheon at 11:30 a.m. May 17 at the Eldorado Hotel Casino, Pavilion E.
In business and in life, high-touch relationships are built by touching the hearts of the people you know and meet and your efforts to truly help them. Success in today’s world, depends largely on your ability to meet, understand, be concerned about, get along with and be of service to...
Mutual of Omaha Bank appoints area market
RENO — Mutual of Omaha Bank has appointed Kevin P. Sullivan as market president for Reno and Carson City.
Based out of the bank’s location at 6275 Neil Road in Reno, Sullivan will lead the strategic growth and management of Mutual of Omaha Bank’s operations in northern Nevada, including three community bank locations that offer full-service banking to individuals and businesses.
A third-generation native of Reno, Sullivan brings 26 years of b...
Stronger Economies Together team to meet next week
MINDEN — The Stronger Economies Together (SET) Regional Team will meet in Minden on Tuesday and Wednesday to continue its work toward a regional strategic plan for an eight-county area of western Nevada. The team will be reviewing economic data on assets in the region, learn about population changes in the region and begin focusing on ways to target industry clusters based on the infrastructure and assets available.
The SET strategic planning...
5 ways to balance college and retirement savings
CHICAGO (AP) — Imagine if retirement were financed by scholarships, grants and loans.
You could qualify for a substantial aid package to pay for your senior years. Your stellar job “grades” and career achievements would be rewarded with significant merit aid.
Alas, no such aid exists. Paying for retirement is an expensive obligation that you have to handle on your own.
The one similarity with college is you likely will need to set aside money...
Speaker to address area’s strengths, weaknesses
RENO — The Economic Development Authority of Western Nevada (EDAWN) and the Governor’s Office of Economic Development (GOED) will welcome global corporate relocation strategist Dennis Donovan to share his impressions on the business strengths and weaknesses of the greater Reno-Sparks-Tahoe region, as well as corporate site selection trends, at a breakfast event from 7 to 9 a.m. on May 15 at the Peppermill Resort Spa Casino in the Tuscany Bal...
Poll: Nev. small biz wants
government to support
Small business owners in Nevada support government investments in clean energy and believe such investments have an important role in creating jobs and boosting the economy, according to opinion polling of small business owners Nevada and in five other states released Wednesday by Small Business Majority.
The poll, conducted by Greenberg Quinlan Rosner Research, found that 60 percent of Nevada small business owners agree government has a role...
Local senior care business owner honored
RENO — Nevada business owners Tracy and Allan Ward will be honored for outstanding business performance this week at the Home Instead Senior Care network’s annual international meeting held in Omaha, Neb.
The Home Instead Senior Care network is the world’s leading provider of non-medical in-home care and companionship to older adults with offices worldwide including the Reno area.
“I am pleased to be honored for serving this area’s older adul...
RSAR to hold annual EdExpo Education and Tradeshow Event
RENO – The Reno/Sparks Association of Realtors (RSAR) is hosting its ninth annual EdExpo Real Estate Education and Tradeshow Event from May 16 to 18 at the Peppermill Resort Spa Casino. The event will feature continuing education courses taught by renowned instructors featuring current, relevant real estate topics. EdExpo provides attendees with the opportunity to satisfy the full 24 hours of continuing education licensing renewal requirement...
Nevada State Bank reports $6.9M in 1Q
LAS VEGAS — Nevada State Bank reported net earnings of $6.9 million for the quarter ended March 31. Lower credit costs and improving loan quality continued to drive the earnings improvements.
First quarter 2012 highlights include:
• Net income of $6.9 million for the first quarter, compared to net income of $4.2 million for the first quarter 2011
• Continued improvement in asset quality trends, including a year-over-year decrease of 46 perce...
NCET to host ‘The Business of Baseball’
RENO — Join the Nevada Center for Entrepreneurship and Technology (NCET) for a special Tech Wednesday on May 23 with the Reno Aces, sponsored by Universal Value Advisors.
The evening starts at the 250 Lounge with an introduction by Universal Value Advisors. Reno Aces General Manager Rick Parr will talk about “The Business of Baseball.” The event then moves to reserved seats in the stadium as the Aces take on the New Orleans Zephyrs.
Home sales sends stocks higher, but problems loom
NEW YORK (AP) — On a day that brought both good and bad news about the economy, investors chose to see the glass as half-full.
U.S. stocks edged higher through most of Thursday, pushed up by a batch of bright earnings reports and encouraging news about home sales. But the gains were kept in check by a disappointing report on unemployment claims, a decline in some European markets and weakness at big-name companies like Aetna, UPS and Dow Chem...
Tribe wins national
NIXON — The Pyramid Lake Paiute Tribe announced this week that the Pyramid Lake Economic Development Plan has been awarded the 2012 Donald E. Hunter Excellence in Economic Development Planning Honorable Mention Award by Economic Development Division of the American Planning Association.
“The Pyramid Lake Paiute Tribe is pleased to accept this prestigious national award as it represents one of the highest honors in the economic development pla...
Two groups join to do Nevada market research
LAS VEGAS — Market research and economic analysis firm Applied Analysis announced Thursday it has entered into a formal operating agreement with Discovery Research Group to form Discovery Nevada to provide a broad array of primary market research services, including consumer sentiment surveys, web panel analyses, social media analytics, interactive focus groups and intercept surveys.
Discovery Research Group and Applied Analysis have collabor...
Greater Nevada Mortgage Services names new consultant
CARSON CITY — Greater Nevada Mortgage Services (GNMS) has added Dorene LuBawy to its team of Washoe County mortgage consultants. LuBawy has 35 years experience in the real estate industry, including lending, underwriting and sales. She is also an active volunteer for Special Olympics Northern Nevada and a graduate of the Reno/Sparks Chamber of Commerce Leadership Program.
Nick Serrano, GNMS Vice President of Sales, said that the company has c...
Lending pilot program opens second round of apps
WASHINGTON — The Intermediary Lending Pilot Program (ILP), which provides long-term loans to eligible non-profit intermediary lenders to finance their lending to small businesses, has opened a second competitive application period. As a result, small businesses, will soon have access to twice as many community-based funding sources under the U.S. Small Business Administration program.
Launched last year under the Small Business Jobs Act of 2...
Silver Legacy honors
RENO — Silver Legacy Resort Casino is honoring 15 outstanding employees for their commitment to excellence on the job. For their diligent work, each is being honored with a special award, given to those who exemplify outstanding service. Congratulations to the following Silver Legacy Sterling Star Award winners for the month of March.
Karina Moran of keno
Juliet Yanga of pit games
Julie Gundle of pit games
Sam Gibbs III of pit games
members to meet with
secretary of state
RENO — The Chamber will hold a public police forum at 7:30 a.m. Thursday with Secretary of State Ross Miller at its office at 449 S. Virginia St.
Listen and participate in an engaging discussion as Miller discusses the online business portal, how his office can assist with economic development efforts and the controversy over home-based businesses.
Only members of The Chamber can attend and participate in its public policy forums. To join or...