WASHINGTON — The U.S. Small Business Administration has announced the availability of funding to support economic development and job creation through existing regional clusters, some of which are in Nevada.
As part of its regional cluster initiative, SBA will accept proposals from local and regional cluster initiatives beginning Wednesday for funding of up to $600,000 per cluster to support up to 15 projects across the country. Proposals should be submitted by the cluster’s coordinating entity.
SBA’s regional cluster initiative focuses on accelerating small business growth and job creation through clusters that leverage and align a region’s economic, business and workforce assets. Regional clusters are networks of organizations and businesses in a geographic area that grow through increased collaboration, efficiency and innovation.