If you’re part of Nebraska’s small business or startup community, you’ve probably heard the news: the Legislature’s 2025–2027 budget process has left the Business Innovation Act (BIA) largely untouched—for now. While no official cuts have been confirmed, recent discussions about the state’s $432 million budget shortfall had many of us sweating.
Honestly, it was a little too close for comfort.
Why the BIA Is So Critical
The BIA isn’t just another government program. It’s the lifeblood for many Nebraska innovators. Through prototype grants, SBIR/STTR matching funds, and seed investments, BIA supports companies at their most vulnerable stages. It’s helped create over 1,600 jobs and generates a whopping $10.68 in capital investment for every state dollar spent. That’s smart money at work.
Even with pressure to cut programs (like broadband and ag grants), the BIA’s outstanding ROI likely saved it from the chopping block. Active projects, like Kearney’s Fast Forward, continue moving forward, a good sign that support remains strong. But let’s not get complacent.
Why This Hits Close to Home
At GrantCraft Consulting, we see the real-world impact of the BIA every single day. Many of the small businesses we support only have access to professional grant writing services thanks to the BIA’s Phase 0 program. This program provides up to $5,000 for SBIR/STTR proposal development—an absolute game-changer for early-stage startups that can’t afford to tackle complex federal proposals alone.
Without Phase 0, Nebraska’s pipeline of competitive SBIR/STTR submissions would dry up almost overnight. That means fewer federal dollars flowing into our state, and fewer innovative solutions being developed right here at home.
It doesn’t stop there. Many of our clients only have the preliminary data that laid the foundation for their innovations because of the BIA’s prototype funding. This early investment helps turn bold ideas into tangible proof-of-concept prototypes, the kind investors and federal reviewers need to see before backing a project.
Without BIA, these critical early steps wouldn’t happen. And without those steps, Nebraska’s entrepreneurs and researchers may look elsewhere to pursue their dreams. That’s the very definition of “brain drain,” and it’s something we simply can’t afford.
Here’s Where You Come In
Entrepreneurs, founders, and innovation advocates need to stay vocal. The budget isn’t final until the Legislature votes (by May 15). Until then, there’s still a window to make sure the BIA gets the respect it deserves.
Here’s what you can do:
- Contact your state senator — Let them know the BIA fuels real jobs and real companies.
- Reach out to the Appropriations Committee — A quick email can make a huge difference.
- Spread the word — Share stories of how BIA funding has impacted your business or community.
You can also stay updated through the Nebraska Department of Economic Development’s BIA page (opportunity.nebraska.gov/bia).