The City of Reno and the Redevelopment Agency provide incentives as well as collaborate with a number of partners in a coordinated economic development program in the greater Reno area.
Please contact the City/Agency for assistance with any of these resources and/or utilize the information available from our various partners listed below.
Financial - In addition to tax increment funds allocated through the Redevelopment Agency, the City of Reno offers various financial incentives ranging from Community Development Block Grants to the GROBusiness Loan Program administered through the Nevada Microenterprise Initiative. The City also aggressively pursues recovery and reinvestment funding on behalf of citizens and businesses. Financial incentives are also available through the Nevada State Development Corporation, the Small Business Administration and through the Treasury Department New Markets Tax Credit program.
Labor Force - Ongoing and specialized work force training and development programs are offered through economic development partners including Nevadaworks, the Nevada Small Business Development Center, Nevada JobConnect, and other public and independent educational institutions. These include the University of Nevada, University of Phoenix, Desert Research Institute, Sierra Nevada College, Truckee Meadows Community College, the Washoe County School District, the Davidson Academy of Nevada for profoundly gifted students, and independent college preparatory schools such as Sage Ridge School.
Political Support - The City Council has consistently supported economic development through provision of necessary public services and facilities such as police, fire, streets, sanitary sewer, and parks provided by City departments as well as the Truckee Meadows Water Authority, Regional Transportation Commission, and Reno-Tahoe Airport Authority. The Council has also directed the City plan for future development and services, provide a "one-stop shop" for development customers, internet access to development services, and an efficient and timely review process.