Shovel-Ready Capital Recovery & Investment Act

The purpose of the Shovel-Ready Capital Recovery and Investment Act is to partner with the private sector by providing grants to qualified nonprofit organizations to assist such organizations with capital projects that have been delayed due to COVID-19 or that will provide a positive impact in the State of Nebraska. 2023 applicants are not required to have a capital project that was delayed by COVID-19. LB 1413, LB818, and LB531 amended various provisions of the 2021 Shovel-Ready Capital Recovery & Investment Act, Nebraska Revised Statutes 81-12, 219 et seq. r DED is no longer accepting applications for the Shovel-Ready Capital Recovery & Investment Act program. All available funds have been awarded. Quick Links Who Can Apply? Matching Funds Terms & Definitions Application & Program Resources How to Apply Press Releases and Announcements Who Can Apply? A qualified nonprofit organization means a tax-exempt organization under section 501(c)(3) of the Internal Revenue Code that: (a) Is related to the humanities, including any organization formed for the purpose of developing and promoting the work of artists and the humanities in various visual and performing forms, such as botany; (b) Operates a sports complex; (c) Is a postsecondary educational institution in a city of the metropolitan class and partners with an organization hosting a regional or national event for purposes of infrastructure development related to furnishing and equipment for a health sciences education center, enhanced mobility by vacation of a public street, pedestrian safety, and construction of a community athletic complex; (d) Is a county agricultural society with facilities located within the boundaries of a city of the primary class; or (e) Operates a multifunction center which provides facilities to the public for at least two of the following uses: (i) As an early childhood learning center; (ii) As a community event center; or (iii) As an indoor and outdoor sports training center Due to the amount of funding available, postsecondary educational institutions are only eligible to apply for the funding set aside as described in Nebraska Revised Statute § 81-12,225(2)(a). The qualified nonprofit organization must also have a capital project that: Was delayed due to COVID-19 or Provides a positive economic impact in the state of Nebraska Organizations that were awarded funds under the first round of the Shovel-Ready Program are ineligible to apply for funding for that same project under the second round of the Shovel Ready Program. Organizations that were awarded funds under the first round of the Shovel-Ready Program are eligible to apply for funding for a new project under the second round of the Shovel Ready Program. Please be advised that 2023 Applicants that were awarded funding under the first round of the Shovel Ready Program are only eligible to receive up to $2,000,000 in funding under the second round of the Shovel Ready Program. Matching Funds The amount of any grant approved under the Shovel-Ready Capital Recovery and Investment Act shall not exceed the amount of funds to be supplied by other sources. How to Apply 2023 Shovel-Ready Grant Program Grant for capital projects that were delayed due to COVID-19 or that will provide a positive economic impact in the State of Nebraska. Application Period: All available funds have been awarded. SAMPLE 2023 Shovel-Ready Capital Recovery and Investment Act Application This PDF is provided for your convenience. Application MUST be submitted online, through AmpliFund. DED will not accept applications in any other format. Terms and Definitions