Site and Building Development Fund (SBDF)
Forecasted
The Site and Building Development Fund supports industrial site and building projects across Nebraska, advancing business innovation and economic growth through the Nebraska Department of Economic Development.
Funder: Nebraska Department of Economic Development
Due Dates (Anticipated): August 2027 (Private Sector Closure Application) | September 2027 (Building Rehabilitation for Food Distribution Application)
Funding Amounts: ~$2.5M total projected for 2027; typical awards range from $100,000 (food distribution) to several hundred thousand per project; 1:1 match required.
Summary: Supports Nebraska’s industrial readiness by funding site and building projects that drive business innovation, workforce recruitment, and economic growth.
Key Information: Foreign adversarial companies are ineligible; 40% of funds reserved for nonmetropolitan areas.
Description
The Site and Building Development Fund (SBDF), administered by the Nebraska Department of Economic Development, is designed to foster Nebraska’s industrial readiness and economic growth. The program provides financial assistance for projects that develop industrial-ready sites and buildings, supporting business innovation, workforce recruitment, and local economic expansion. SBDF funds a range of activities, including land/building acquisition, construction or rehabilitation, site preparation, infrastructure improvements, engineering, design, and technical assistance.
SBDF prioritizes projects that are financially viable and ready to proceed, with a focus on those that can quickly attract or retain businesses in Nebraska. The program emphasizes investment in both metropolitan and nonmetropolitan areas, with at least 40% of funds allocated to counties outside Douglas, Lancaster, and Sarpy.
