NSDC Turns 45

Forty-five years of building Nevada

It started with a dream and became a movement for small business. In 1981, Nevada State Development Corporation started with a simple belief: that a good idea deserves a real chance to grow. Forty-five years later, that belief has helped fund thousands of small businesses, plant roots in communities across the state, and give Nevada entrepreneurs the chance to go from renting their space to owning it.

Why the milestone matters

NSDC framed the anniversary around its borrowers rather than itself — not what NSDC has become, but what Nevada's small business owners have built with a little support and a lot of determination. SBA 504 financing is the mechanism: long-term, fixed-rate money to purchase, build, renovate or expand the property a business operates from.

“When we started in 1981, we were making a bet on Nevada's small business owners, and they have proven us right thousands of times over. Forty-five years later, what motivates us has not changed. Someone walks in with an idea and a lot of grit, and we get to help turn that into a building they own, a payroll they sign, and a place their community counts on. That never gets old.”

Evan Dickson, President of NSDC

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