Site Selection magazine has again honored Nebraska, awarding it its Governor’s Cup for the second year in a row.
Nebraska last year had the most economic development projects per capita of any state.
Site Selection Managing Editor Adams Bruns says projects must meet certain data to qualify. The capital investment must be at least $1 million with at least 20,000 square feet added and 20 or more jobs created.
“It’s not us picking Nebraska,” Bruns says during a news conference in the governor’s Capitol hearing room. “It’s Nebraska earning it by virtue of this data. It’s the companies that are picking Nebraska.”
Nebraska had 110 projects last year, up from 101 the year before when the state won its first Governor’s Cup.
Bruns notes about two-thirds of the projects were completed by businesses which already call Nebraska home. He says most economic development projects throughout the country grow from existing businesses, not businesses choosing to re-locate.
Gov. Pete Ricketts says the recognition aids state officials when they make their pitch to businesses.
“It helps raise our profile,” according to Ricketts. “So, when we go out and talk to companies who may not know that Nebraska’s story, we can talk about winning the Governor’s Cup two years in a row. We can talk about the fact that we’ve been able to increase the number of projects we have going on in our state.”