Nevada Institute Selected To Pilot Federal Program
CARSON CITY – A Nevada group has beat out 71 national competitors to mentor small businesses under a federal program.
The federal Small Business Administration picked the Nevada Institute for Renewable Energy Commercialization earlier this week to be a pilot for an entrepreneurial mentoring program.
NIREC joins just three other companies nationwide in the program designed to pair mentors with participating companies to assess needs, opportunities and strategies.
In other words, officials decided that the work NIREC already does in Nevada qualified it to for the pilot program.
The institute already has an established network of professionals who understand entrepreneurship. Research institutes, utilities, corporations and venture capitalists are all part of the not-for-profit organization.
According to a Small Business Administration press release, that means they should be able to more easily help companies raise money, create jobs and overcome challenges.
John Argo, an entrepreneur at NIREC, said that the institute is supposed to partner with a handful of businesses nationwide to help them grow.
“You have to spend a lot of time with each company to find out what their needs are and connect them with the right people,” he said.
None of the companies are in Nevada.
He said, however, that the organization already partners with tech-based start-ups in Nevada, and NIREC officials can always bring what they learn through participating in the federal program back to Nevada.
NIREC has also been involved at the Legislature at committee hearings for economic development.
No related posts.