Nevada Governor’s Office of Economic Development

What Nevada Governor’s Office of Economic Development does

Nevada Governor's Office of Economic Development (GOED) is the State of Nevada's primary economic development agency, established by the 2011 Nevada Legislature and headquartered in Carson City with a regional office in Las Vegas. Operating as a public government entity under the Governor, GOED administers a portfolio of workforce development, innovation commercialization, rural community development, small business support, healthcare workforce, film production, and international trade programs organized across seven divisions and multiple federal-state grant programs (CDBG, Knowledge Fund, SHARP, WINN, ICM, Battle Born Growth/SSBCI, Nevada APEX Accelerator).

GOED's service portfolio is delivered through direct engagement with businesses, partnerships with Regional Development Authorities (EDAWN, LVGEA, NNRDA, NNDA), and the Nevada System of Higher Education (UNR, UNLV, DRI, CSN, TMCC, GBC, WNC). Its most technology-forward asset is Individual Career Mapping (ICM), a workforce methodology combining immersive VR field trips, 3D interactive STEM content, ACT WorkKeys career readiness assessments, and one-on-one coaching through a four-phase Explore-Assess-Reflect-Plan process. Digital platforms include the Nevada Business Hub (EcoMap-powered), Data Portal, Entrepreneurship Dashboard, and monthly Economic Snapshots.

GOED is funded through Nevada State General Fund appropriations, federal pass-through grants (CDBG from HUD, APEX Accelerator from DOD), and programmatic allocations (film tax credits, SHARP, Knowledge Fund). It does not sell products or services commercially — programs are provided at no cost to eligible recipients. It serves enterprise clients (Tesla, Redwood Materials, Lithium Americas, Google, Starbucks, Universal/HBO), small businesses and startups, job seekers, 29 Main Street communities across 34 jurisdictions, film productions, and healthcare providers. Strategic positioning centers on Nevada's no-state-income-tax framework, lithium/EV/critical minerals leadership, geographic proximity to West Coast markets, and diversification away from tourism and gaming dependency.

Name

Nevada Governor’s Office of Economic Development

Legal name

Nevada Governor's Office of Economic Development

Website

https://goed.nv.gov

Company type

Public

Founded year

2011

Operating status

Operating

Headcount range

11–50 employees

Short description

The Nevada Governor's Office of Economic Development (GOED) is a state government agency established in 2011 that administers workforce training, innovation commercialization, small business support, rural community development, film production incentives, and healthcare workforce programs across Nevada, serving businesses, entrepreneurs, job seekers, and communities.

Ownership category

akta.pro rank

Product category

Government Economic Development Services

NAICS

Educational Services (611), Computer Training (61142)

SIC

Services-Facilities Support Management Services (8744)

akta.pro primary industry

TVET/Skills & Workforce Education Authorities (EDADAAAH)

akta.pro secondary industries

Training Delivery Services (Onsite/Virtual Instruction, Workshops, Coaching) (BPAEANAN), Technical Enablement & Adoption Services (Change Management, Adoption, Champions) (BPAEANAC)

Keywords

• Economic development services
• Workforce development programs
• Business incentive programs
• Small business support
• Rural community development

Headquarters

HQ city

Carson City

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

1. State General Fund Appropriations: GOED is funded through Nevada State General Fund appropriations and was created by the 2011 Nevada Legislature. The agency receives ongoing legislative appropriations to fund operations and economic development programs.
2. Community Development Block Grant (CDBG) Administration: GOED administers federal CDBG funds allocated from the U.S. Department of Housing and Urban Development (HUD) to support critical infrastructure, public facilities, and planning projects throughout rural Nevada. Since 1982, more than $108 million has been awarded to rural communities.
3. Nevada Knowledge Fund: The Knowledge Fund is GOED's sole instrument to foster Nevada's innovation economy, turning scientific research into market opportunities at Nevada's three research institutions (UNR, UNLV, DRI). Since 2014, it has generated $37.4M in project highlights, 7,976 jobs created, and $45.9M in state tax revenue.
4. EV Workforce Training Programs: GOED actively funds and develops EV training programs in partnership with educational institutions to meet emerging labor demands from approximately $100 billion in committed EV and battery manufacturing investments across Nevada and four other states.
5. Statewide Health Care Access and Recruitment Program (SHARP): SHARP deploys $60 million from the State General Fund through competitive grants administered by the Nevada Health Authority to fund healthcare workforce recruitment and retention projects addressing documented provider shortages.

Go-to-market motion3 records

Distribution channels7 records

Marketing channels7 records

Core offering

GOED is Nevada's state economic development agency that administers business incentive programs, workforce training initiatives, small business support services, rural community development, innovation-based economic development, and film/healthcare sector programs. The agency recruits and retains businesses, manages federal CDBG grants for rural Nevada, operates workforce programs (WINN, Individual Career Mapping), supports entrepreneurs through the Office of Entrepreneurship, and markets Nevada as a destination for film production.

Product overview

The Nevada Governor's Office of Economic Development (GOED) is a state government agency (not a technology product company) offering a portfolio of economic development programs and services organized into divisions. The core offerings include workforce development programs (WINN, Individual Career Mapping, Workforce Development Division), small business support (Nevada APEX Accelerator, Emerging Small Business certification, Office of Entrepreneurship, Nevada Business Hub), rural and community development (Nevada Main Street, CDBG, Rural Economic & Community Development), and innovation-based economic development (Knowledge Fund, IBED, Innovation initiatives). GOED also administers sector-specific programs including Film Nevada, Healthcare Development, International Trade, and SHARP healthcare recruitment. Key digital platforms include the Nevada Business Hub (powered by EcoMap), Data Portal, Entrepreneurship Dashboard, and Economic Snapshots. Programs are delivered through partnerships with universities (UNR, UNLV, DRI), community colleges, workforce boards, and federal/state agencies.

Differentiator

Problem solved

Functional benefit

Brands

• Film Nevada: Division operating within GOED that markets Nevada as a production destination for film, television, commercials and other audiovisual media. Established in 1982 as the Division of Motion Pictures.

Products and services

• Workforce Innovations for a New Nevada (WINN) Nevada's first workforce development training program administered by GOED in coordination with Nevada System of Higher Education, providing responsive workforce training in targeted skill areas needed by companies. Over $17 million in strategic investments since inception.
• Individual Career Mapping (ICM)

Quantifiable outcome

• 170+ companies helped establish or expand in Nevada, resulting in over 27,000 jobs and $11.9 billion investment
• +5 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability5 records

Feature2 records

Partnerships

19 partnerships are on record, tiered core and minor.

• Franklin Advisory / Franklin Venture StudiocoreStrategic or Co-development Partner · 15 June 2026Collaboration between UNLV Office of Economic Development and Franklin Venture Studio to commercialize university inventions. Five early-stage ventures selected from 24 invention disclosures, pilot program expected to expand into statewide Nevada Venture Studio.
• Volker J. Huber (Special Envoy to DACH Region)minorOthers · 4 June 2026Volker Huber appointed as Special Envoy to Germany, Austria and Switzerland for Nevada. German-American dual citizen with 20+ years international business experience, founded Access2America to help European companies enter U.S. market.
• Roseman University of Health SciencescoreStrategic or Co-development Partner · 24 March 2026GOED supports Roseman Bioventures, a 120,000-square-foot life science incubator on Roseman's Summerlin campus in Las Vegas. The facility aims to become one of the largest dedicated life science incubators in the Intermountain West, supporting biotech startups with labs, infrastructure, regulatory guidance, and investor connections to establish Southern Nevada as a biotech hub.
• George Alwan (Special Envoy to Middle East)minorOthers · 28 November 2025Governor Lombardo appointed George Alwan as Special Envoy to the Middle East to enhance diplomacy, trade, and economic ties for Nevada in the region.
• Nevada Economic Developers Association (NEDA)minorStrategic or Co-development Partner · 10 November 2025EDAWN and LVGEA partnering to launch NEDA, a professional group dedicated to supporting economic development professionals across Nevada with training and statewide collaboration.
• Regional Development Authorities (EDAWN, LVGEA, NNRDA, NNDA, NNRDA)coreStrategic or Co-development PartnerGOED partners with Regional Development Authorities including Economic Development Association of Western Nevada (EDAWN), Las Vegas Global Economic Alliance (LVGEA), Northeastern Nevada Regional Development Authority (NNRDA), Northern Nevada Development Authority (NNDA), and others to deliver localized economic development services across Nevada.
• WaterStartminorStrategic or Co-development PartnerGOED invested $1.8 million into WaterStart, a Nevada-based nonprofit that empowers innovative water technology companies throughout Nevada and across the globe.
• University of Nevada, Reno (UNR)coreStrategic or Co-development PartnerUniversity partner for Knowledge Fund, conducting research and spinning out technology companies. UNR houses the Nevada Center for Applied Research (NCAR) and leads Nevada Tech Hub ($21M EDA award). Also partner on SAGE accelerator and UNR NCAR Biosciences Entrepreneurial Lab.
• University of Nevada, Las Vegas (UNLV)coreStrategic or Co-development PartnerUniversity partner for Knowledge Fund and venture studio initiatives. UNLV works with GOED on Entrepreneur in Residence model and technology commercialization through Franklin Venture Studio collaboration, creating spinout companies from faculty research.
• Desert Research Institute (DRI)coreStrategic or Co-development PartnerKnowledge Fund partner conducting water technology research and validation. DRI runs the Healthy Nevada Project and multiple water-tech initiatives supporting Nevada's water challenges.
• Nevada System of Higher EducationcoreStrategic or Co-development PartnerPartnership through WINN workforce development program, engaging Nevada System of Higher Education institutions including CSN, TMCC, GBC, and WNC for workforce training programs.
• Nevada Gold MinesminorStrategic or Co-development PartnerMajor mining company partner supporting workforce training programs and rural Nevada economic development, providing funding for Rural Nevada Startup Pitch Day youth track and endorsement for GBC instrumentation program.
• StartUpNVminorStrategic or Co-development PartnerStartup ecosystem partner providing access to capital through AngelNV Startup Competition (up to $200,000 prizes) for Rural Nevada Startup Pitch Day winners and broader Nevada entrepreneurial support.
• Nevada Small Business Development Center (SBDC)coreStrategic or Co-development PartnerStatewide SBDC partner providing business technical assistance and support services, collaborating on Rural Nevada Startup Pitch Day and broader small business ecosystem development.
• gener8torminorStrategic or Co-development PartnerGOED partners with gener8tor on the Electrify Nevada Accelerator, supporting clean energy startups and innovation through the Knowledge Fund initiative.
• Zero LabsminorStrategic or Co-development PartnerZero Labs partners with GOED on innovation launchpad programs for early-stage startups through the Knowledge Fund, creating an 'innovation launchpad' supporting technology entrepreneurs.
• Nevada Health Authority (NVHA)coreStrategic or Co-development PartnerNVHA administers the $60 million SHARP healthcare workforce program, conducting biennial needs assessments and managing competitive grants for healthcare recruitment.
• Nevada Governor's Office of Workforce InnovationscoreStrategic or Co-development PartnerGOED coordinates workforce development through WINN program with the Governor's Office of Workforce Innovations and Nevada Department of Employment, Training and Rehabilitation.
• Nevada Main Street PartnerscoreStrategic or Co-development PartnerPartnership with Travel Nevada, Division of Outdoor Recreation, SHPO, SBDC, USDA-RD, Senator Rosen's Office, Senator Cortez Masto's Office, University Center for Economic Development, Department of Business and Industry, RNDC, Nevada Arts Council, and State Parks for downtown revitalization.

Scale indicators19 records

Recent moves7 records

Expansion highlights7 records

Direct peers

• California Governor's Office of Business and Economic Development (GO-Biz): California's state-level economic development office; directly comparable to GOED as a statewide business attraction, incentive administration, and workforce development agency competing with Nevada for the same West Coast corporate relocation pipeline.
• Arizona Commerce Authority: Arizona's public-private economic development organization that administers incentive programs and recruits businesses; the closest geographic competitor to GOED for Southwest corporate attraction, including EV and advanced manufacturing deals.
• Texas Economic Development & Tourism Office: State of Texas economic development office that recruits companies and administers the Texas Enterprise Fund; competes head-to-head with Nevada for large-scale corporate relocations and incentive-driven site selection.
• Georgia Department of Economic Development: Georgia's state-level economic development agency operating Global Commerce, Workforce, and Innovation divisions; directly comparable in structure (industry targeting, workforce, innovation) and in competing for film, EV, and advanced manufacturing projects.
• Florida Department of Economic Opportunity: Florida's primary economic development agency handling business recruitment, workforce, and community development; competes with Nevada in no-income-tax business attraction and serves companies across multiple priority sectors.
• Tennessee Department of Economic and Community Development: Tennessee's state economic development agency, prominent in automotive and EV/battery recruitment (e.g., VW, GM-LG); comparable function to GOED and a direct competitor for EV manufacturing investments.
• New York Empire State Development: New York's umbrella economic development organization overseeing business recruitment, innovation (including NYSERDA-aligned functions), and film tax credits; functionally analogous to GOED's multi-division structure including Film Nevada.
• Colorado Office of Economic Development and International Trade (OEDIT): Colorado's state economic development office covering advanced industries, film, international trade, and workforce; directly comparable program mix to GOED and a regional competitor for corporate site selection.
• Ohio Department of Development: Ohio's state economic development agency with strong workforce and innovation functions; competes with Nevada for advanced manufacturing and EV investments and parallels GOED's mix of incentive, workforce, and innovation programming.
• North Carolina Department of Commerce: North Carolina's primary state economic development organization overseeing recruitment, workforce, and small business; comparable agency structure to GOED and a competitor in life sciences and advanced manufacturing recruitment.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeopen.spotify.com/show/4PeBs8Rbuc2sR9z3VXlUhG
• LinkedInlinkedin.com/company/nevada-governor's-office-of-economic-development

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 records

Subsidiaries14 records

Funding overview

Funding rounds1 record

Investors1 record

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M&A

Investments

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Frequently asked questions about Nevada Governor’s Office of Economic Development