New GOED Executive Director Michael Brown Announces Work Will Begin to Update State Economic Development Plan

The new Executive Director of the Governor’s Office of Economic Development (GOED) shared that work has begun on updating the 2012 Economic Development Plan, the official planning document used to guide economic development in Nevada.

“In January we will be convening the leading experts on economic development to update the 2012 Plan with a focus on fortifying the Nevada economy and aligning economic development with workforce needs,” said GOED Executive Director Michael Brown. “We will develop a plan that fulfills the Governor’s goal of bringing prosperity to every Nevada family’s dinner table.”
GOED will partner with Brookings Mountain West and the consulting firm SRI, to develop the plan in a multi-stakeholder process for the board to consider at its March 2020 meeting. The plan will include recommendations for the governor and the legislature to consider in the 2021 legislative session.

The GOED board is comprised of Gov. Sisolak, Lt. Gov. Kate Marshall, Secretary of State Barbara Cegavske, six business leaders and two non-voting members, Chancellor of the Nevada System of Higher Education, and the Director of the Nevada Department of Employment, Training and Rehabilitation.

Eight businesses today received tax abatements and incentives to build or expand in the state of Nevada, bringing a total of $235,804,800 in capital investments to the state.

The following businesses were awarded performance-based incentives:

Additionally, the Board approved to enter into an agreement with Western Nevada College for the development of a mobile industrial technology lab to expand access to training opportunities in rural Nevada, with funding not to exceed $350,000.

For more information about Nevada GOED, please visit diversifynevada.com.
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About the Governor’s Office of Economic Development
Created during the 2011 session of the Nevada Legislature, the Governor’s Office of Economic Development is the result of a collaborative effort between the Nevada Legislature and the Governor’s Office to restructure economic development in the state. GOED’s role is to promote a robust, diversified and prosperous economy in Nevada, to stimulate business expansion and retention, encourage entrepreneurial enterprise, attract new businesses and facilitate community development. More information on the Governor’s Office of Economic Development can be viewed at diversifynevada.com.