Phelps County Development Corporation

Local business

68949 Holdrege
United States

Phone: 308-995-4148

Website: http://growingphelpsin5.com/

Opening times:
Mon 9:00 am - 5:00 pm
Tue 9:00 am - 5:00 pm
Wed 9:00 am - 5:00 pm
Thu 9:00 am - 5:00 pm
Fri 9:00 am - 5:00 pm


PCDC is a public-private partnership including Phelps County; the City of Holdrege; the Villages of Funk, Bertrand, Loomis and Atlanta; and over 100 businesses.

Backed by a quarter-cent sales tax which was voted in by residents (LB840), the PCDC offers a number of programs, including business relocation incentives and assistance to existing businesses and start-ups in the form of loans and grants.

PCDC can access two local sources of funding for programs, projects, and business assistance: LB840 and the Growth Reinvestment Opportunity (GRO) funds. LB840 is a funding mechanism for both PCDC programs and as a financing source for businesses. PCDC has utilized LB840 to pay for industry recruitment activities, workforce recruitment, and sponsorship of entrepreneurship programs. LB840 and GRO funds are also used as a revolving loan fund and often loaned to businesses for working capital or to make building or equipment purchases. Businesses can apply for financial assistance to start or expand their businesses with low-interest loans through these programs.

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