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In a move to bolster the state's economy and support small businesses, Nebraska Governor John Smith signed new legislation into law on July 28, 2025. The package of bills, known collectively as the Small Business Support Act, aims to provide relief and assistance to entrepreneurs and small business owners throughout the state.One key component of the Small Business Support Act is the creation of a grant program to provide financial assistance to small businesses that have been adversely affected by the COVID-19 pandemic. Eligible businesses can apply for grants ranging from $5,000 to $50,000 to help cover expenses such as rent, utilities, and payroll.In addition to the grant program, the legislation also includes measures to streamline the process for starting and operating a small business in Nebraska. This includes reducing red tape and bureaucratic hurdles that can often discourage entrepreneurs from pursuing their business ventures.Governor Smith spoke about the importance of supporting small businesses in Nebraska, stating, "Small businesses are the backbone of our economy, and they have faced unprecedented challenges over the past few years. This legislation is a crucial step in providing the support and resources they need to not only survive, but thrive."The Small Business Support Act has received widespread bipartisan support, with lawmakers from both sides of the aisle praising the legislation for its potential impact on the state's economy. State Senator Jennifer Greene, a co-sponsor of the bills, remarked, "This legislation will make a real difference for small businesses in Nebraska. By providing financial assistance and cutting through red tape, we are helping to create a more business-friendly environment that will benefit all Nebraskans."Overall, the passage of the Small Business Support Act represents a significant victory for small business owners in Nebraska. With the new legislation in place, entrepreneurs can look forward to a more supportive and conducive business environment that will help them succeed and grow in the years to come.