Nebraska § 72-1709 Application for location within business incubation center; evaluation by community board; factors; notification

Nebraska Statutes

§ 72-1709 — Application for location within business incubation center; evaluation by community board; factors; notification

Nebraska·Ch. 72 Public Lands, Buildings, and Funds

(1)A community board shall evaluate applicants who want to start or expand a small business and to locate within the business incubation center based upon, but not limited to, all of the following factors:

(a)The likelihood that the business will be profitable;

(b)Whether the product that would be manufactured or the service that would be rendered would be new to the state or the community;

(c)The potential marketability of the product or service;

(d)The likelihood that the business will generate a significant number of new jobs and not eliminate existing jobs;

(e)The likelihood that new jobs generated will be filled by persons who presently are unemployed or whose skills are underemployed; and

(f)The likelihood that the business will not be started if the applicant is not accepted

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(1) A community board shall evaluate applicants who want to start or expand a small business and to locate within the business incubation center based upon, but not limited to, all of the following factors:
(a) The likelihood that the business will be profitable;
(b) Whether the product that would be manufactured or the service that would be rendered would be new to the state or the community;
(c) The potential marketability of the product or service;
(d) The likelihood that the business will generate a significant number of new jobs and not eliminate existing jobs;
(e) The likelihood that new jobs generated will be filled by persons who presently are unemployed or whose skills are underemployed; and
(f) The likelihood that the business will not be started if the applicant is not accepted into the business incubation center.
(2) A community board shall forward to each applicant whose application it rejects notice of its rejection together with the reasons for the rejection.
(3) A community board shall forward to each applicant it favorably evaluates notification of its decision and of whether or not space exists to accept the applicant.

Nebraska § 72-1709 (Application for location within business incubation center; evaluation by community board; factors; notification) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.