(Las Vegas CBS KXNT) About 900 people turned out on Friday at the Orleans for Nevada’s first Governor’s Conference on Small Business. Experts offered the latest on key business challenges like financing in a tight credit market, and the bane of many business managers — regulations.
Governor Brian Sandoval’s speech is posted at the bottom of this story.
Panelists on financing described a new micro-lending source administered by the federal government. Community Development Financing Institutions (CDFIs) are nonprofits whose sole purpose is to make loans from $5,000 into the millions, said Mendy Elliott of Forte, LLP. Those entities expect to be particularly active in Nevada, according to Elliott, because the state’s economy has bottomed out. Business has been hunkered down for a long time, she said, and it’s opportunity time for everyone.
A panel discussing the recovery looked at a wide range of questions, from housing recovery to the controversial Desert Express high-speed rail project.
Governor Brian Sandoval gave the keynote speech, recalling his very first executive order, which was signed on inauguration day in 2010. In it, Sandoval ordered a review of all business regulations on the books. His speech is posted below. It’s 23 minutes long. Hear it by clicking on the player below.