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Director of Economic Development details NC3 request, bioeconomy gains and warnings about sweeping site-building funds
Summary
Nebraska Department of Economic Development Director K.C. Balitz told the Appropriations Committee she supports a combined $30 million state investment for an NC3 Enterprise Center and highlighted $507 million in bioeconomy-related federal awards already captured by the state.
Nebraska Department of Economic Development Director K.C. Balitz told the Appropriations Committee the agency supports the governor’s proposal to allocate $25.5 million in cash funds and to use $4.5 million in Site and Building Development Fund (SBDF) excess balances to help establish an NC3 (nuclear command, control and communications) Enterprise Center, calling the combined $30 million a strategic investment.
Balitz said Nebraska’s central location and the Offutt Air Force base assignment make the state a natural home for an NC3 ecosystem and argued the state could attract private-sector tenants and related defense, cyber and academic partners. She told senators the center would be primarily supported by private enterprise but that seed state funding would be an important signal to attract partners.
SBDF caution: Balitz also warned the committee…
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