Homepage - Nevada Governor's Office of Economic Development

Empowering Success

Why Nevada

Nevada Advantage

A business-friendly state, with state and local governments committed to streamlining approval processes and remaining a very low-regulation environment.

A state in which your local and state government officials are accessible.

A state whose Governor is committed to economic development, creating an office and organizational support system dedicated to businesses who are relocating, expanding, or starting up operations in Nevada. Regional development authorities support the state’s economic development with extensive local knowledge, resources and assistance.

A state with the infrastructure in place to support the primary industry sectors that are our focus for our economic development.

Located in a prime distribution location, a transportation hub ideal for manufacturing, distribution/logistics, information technology/data centers, tourism and many more.

A favorable tax environment for business and industry.

More than 56 million people visit Nevada each year.

Harry Reid International Airport is in the Top 10 of U.S. airports. Reno-Tahoe Airport is an LAX and SFO alternative.

Able and willing workforce in right-to-work state.

An abundance of economical commercial real estate.

Low-cost startup, regulatory, licensing and annual fees.

No corporate income tax. No personal income tax. No franchise tax on income. No inventory tax. No inheritance or gift tax. No unitary tax. No estate tax.

Less than one-day’s drive to 60 million customers and five major U.S. ports serving the Pacific Rim.

Competitive utility rates for commercial operations.

Who's Doing Business Here?

“We’ve invested $1.6 billion in the region today and over the course of the next six years, we intend to invest an additional $1 billion." - Tim Cook

With a significant and growing presence in both Reno and North Las Vegas, Amazon employs more than 3,000 Nevadans at their Silver State facilities.

A global technology leader in mobility, Motional launched a fleet of more than 100 autonomous vehicles in Las Vegas on the Lyft network.

Nevada-born Switch is reshaping America’s Internet infrastructure with energy-efficient hubs located throughout the United States, including Tahoe Reno, Las Vegas, Grand Rapids, Mich. and most recently Atlanta.

"You've created a state where you can move quickly; it's a real get things done state." - Elon Musk

“The Raiders are proud to be joining such a special team, for together we are Vegas Strong.” - Mark Davis

"You’ve created a state where you can move more quickly"

- ELON MUSK

Programs & Incentives

Accessible. Knowledgeable. Helpful. From large businesses to small, urban communities to rural, employers to employees, Nevada-born to new-to-Nevada, GOED staff offer a comprehensive toolkit of economic development programs and incentives.

GOED is committed to promote a robust, diversified and prosperous economy in Nevada, stimulating business expansion and retention, encouraging entrepreneurial enterprise, attracting new business, and facilitating community development.

The State of Nevada, through GOED, offers a variety of incentives to help qualifying companies make the decision to do business in the state, including sales tax abatements on capital equipment purchases, sales and use tax deferral on capital equipment purchases, abatements on personal and modified business taxes, real property tax abatements for recycling, assistance with the cost of intellectual property development, and employee training grants. The state also offers abatements on aviation parts and data centers, and assistance with workforce development.

Explore Programs & Incentives

Key Industries

For Nevada, Economic diversification does not mean abandoning our traditional sectors of tourism, mining, and agriculture. Rather, other industries will expand to establish a broader economic foundation.

Our state strategic plan identified more than 30 opportunities and categorized them across seven sectors. It is within these opportunities that Nevada can realize its potential for producing high-quality jobs.

The state marshals resources to assist regions in the development and execution of sector-specific and cross-sector strategies toward capitalizing on targeted opportunities, especially through innovation.

A variety of opportunities is the linchpin for economic diversification in Nevada. GOED’s industry specialists work closely with the RDAs and the private sector as they maximize sector development.

Living in Nevada

Nevada is a state of extraordinary contrasts, from the excitement of the Las Vegas Strip’s dazzling lights to the tranquility of desert sunsets with rich reds and purples; from the hip, entrepreneurial vibe of Reno to the unparalleled year-round beauty of Lake Tahoe. The Silver State offers outdoor recreational options that include world class golf, skiing and boating - as well as fishing, hunting and hiking in three national parks, two dozen state parks, and several thousand acres of wilderness, national recreation areas, national forests, wildlife refuges and other protected places. Explore the world around you. Indulge your inner foodie. Discover historic towns. Meet local artists. Jump in with both feet. Or just take it easy. Nevada is for doers - no matter what type of adventure you’re after.

Aerospace & Defense

Health

Information Technology

Manufacturing & Logistics

Mining

Natural Resource Technologies

Tourism & Gaming