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Statute 72 1709 — Nebraska Law | CourtGPT
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Nebraska Legal Code

Statute 72 1709

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72-1709. Application for location within business incubation center; evaluation by community board; factors; notification.(1) A community board shall evaluate applicants who want to start or expand a small business and to locate within the business incubation center based upon, but not limited to, all of the following factors:(a) The likelihood that the business will be profitable;(b) Whether the product that would be manufactured or the service that would be rendered would be new to the state or the community;(c) The potential marketability of the product or service;(d) The likelihood that the business will generate a significant number of new jobs and not eliminate existing jobs;(e) The likelihood that new jobs generated will be filled by persons who presently are unemployed or whose skills are underemployed; and(f) The likelihood that the business will not be started if the applicant is not accepted into the business incubation center.(2) A community board shall forward to each applicant whose application it rejects notice of its rejection together with the reasons for the rejection.(3) A community board shall forward to each applicant it favorably evaluates notification of its

icant whose application it rejects notice of its rejection together with the reasons for the rejection.(3) A community board shall forward to each applicant it favorably evaluates notification of its decision and of whether or not space exists to accept the applicant.Source Laws 1990, LB 409, § 9.