76°F
weather icon Clear

Sisolak praises Legislature for passing PETS funding

Updated February 16, 2021 - 6:04 pm

Gov. Steve Sisolak on Thursday, Feb. 11 issued a statement after the unanimous passage of Assembly Bill 106, which provides an additional $50 million for small businesses through the Pandemic Emergency Technical Support grant program.

“Throughout this pandemic, Nevada’s small businesses have been hit the hardest and have been struggling every single day,” Sisolak’s statement read. “Small businesses are going to be the key to our economic recovery, which I why I asked the Legislature to prioritize passing an additional $50 million for the PETS program.”

Sisolak expressed gratitude to state Senate majority leader Nicole Cannizzaro, D-Las Vegas; Assembly speaker Jason Frierson, D-Las Vegas; co-majority whip Chris Brooks, D-Las Vegas; and Assemblywoman Maggie Carlton, D-Las Vegas for making the legislation a priority. Brooks chairs the finance committee in the Senate, while Carlton holds that post on the Assembly’s Ways and Means Committee.

The governor said the additional funding will help more than 9,000 businesses in the state, making it the largest small business program in Nevada history.

“Providing small businesses with resources they need to grow and thrive isn’t a Democratic or Republican issue, it’s an issue that affects all of us,” Sisolak said. “I’m incredibly proud to work with the Legislature to do everything we can to keep business afloat and people employed in this challenging time.”

The PETS program has approved more than 4,500 applications to support small businesses and nonprofit organizations across the state. AB 106 will bring total funding for the program to more than $100 million.

Sisolak plans to sign AB 106 next week. More information on the PETS program can be found at https://goed.nv.gov/pandemic-emergency-technical-support-pets-grant/

Don't miss the big stories. Like us on Facebook.
THE LATEST
Obese pig abandoned in cage on Las Vegas street is on the mend

The severely overweight potbellied pig, which rescuers named “Cupcake,” was found June 2 in a wire dog kennel by a resident on the sidewalk outside his home.

Nye County unemployment falls in May

Unemployment rates in Nevada continued to fall in May, according to data released by the Department of Employment, Training and Rehabilitation on Tuesday.

Apprenticeship programs get $130 million in federal grants

The U.S. Department of Labor on Tuesday announced the award of more than $130 million in grants to develop, modernize and diversify Registered Apprenticeship programs in 15 states and to establish Registered Apprenticeship Technical Assistance Centers of Excellence in three states and the District of Columbia to provide technical expertise and services and accelerate the expansion of Registered Apprenticeship programs.

State initiative launched to aid birthing hospitals

The Maternal, Child and Adolescent Health Section of the Nevada Division of Public and Behavioral Health on Wednesday announced the kickoff of the Nevada Alliance for Innovation in Maternal Health, one of many statewide efforts to end preventable maternal mortality and severe maternal morbidity and comes on the heels of numerous legislative efforts to improve birth outcomes in Nevada.

GOED division assisted 39 Nevada companies

The Governor’s Office of Economic Development International Trade Division used its U.S. Small Business Administration State Trade Expansion Program grant to help 39 Nevada companies during the past year.

StartUpNV lauds new law to encourage investment

StartUpNV, a nonprofit statewide incubator and accelerator for Nevada-based startup companies, staunchly supported the passage of SB9 to modernize Nevada’s private investment laws that were burdensome, confusing and an impediment to enticing investment in local startup companies.

Las Vegas tourism industry expected to surge back from pandemic plunge

UNLV’s Center for Business and Economic Research predicts that visitor volume in Southern Nevada will climb 57 percent this year and 13.2 percent next year, following its 55.2 percent drop in 2020.