11 states will share $1 billion in funding for small businesses and entrepreneurs

Nebraska is to get up to $64 million, split between a loan program and a venture capital program.

Under the Nebraska Growth Loan Fund, participants get a top-up loan of up to 50% of the principal loan amount. The venture capital program provides direct investment largely to underserved small businesses through the Nebraska Seed and Development Fund.

In Alaska, up to $59.9 million in federal funds will boost commercial fishing, mariculture, manufacturing and tourism lending, according to a statement from the US Treasury Department.

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