Rod Armstrong

  • Which startup bills will the Nebraska governor sign?

    Which startup bills will the Nebraska governor sign?

    The Nebraska Legislature gave final approval Thursday to three bills of interest to the startup community. All three passed with no dissenting votes and are now awaiting the signature of Governor Pete Ricketts. LB 156, introduced by Sen. John Stinner of Gering, makes an additional $1 million in angel investment tax credits available to qualified…

  • Nebraska Uber bill moves to final round

    Nebraska Uber bill moves to final round

    LB 629, the bill to establish a regulatory framework for transportation network companies (TNCs) such as Uber and Lyft, moved to final round consideration in the Nebraska legislature yesterday evening on a unanimous voice vote. Prior to advancement, an amendment was adopted that represented a hard-won compromise among interested parties including Uber, banking and insurance companies,…

  • “This is not the Kansas bill”: Uber and Lyft move closer to legal, regulated operation in Nebraska

    “This is not the Kansas bill”: Uber and Lyft move closer to legal, regulated operation in Nebraska

    “The Internet has dramatically changed our world. This is the type of industry that the new economy is all about. Let’s let our entrepreneurs have a shot.”

  • Going Agile with Agilx co-founders Dustin Clonch and Jake McElroy

    Going Agile with Agilx co-founders Dustin Clonch and Jake McElroy

    “We’re not looking for an exit. There’s so much focus on exit in the ecosystem, but that’s not us. We wanted to create a lifestyle company that we’ll work at the rest of our lives, possibly our kids as well.”

  • Nebraska angel investment tax credit advances

    Nebraska angel investment tax credit advances

    Information gathered with the assistance of Invest Nebraska and research staff at UNL and UNO suggest that the credit is having the desired impact. Estimates indicate the direct and indirect creation of about 500 jobs with an average salary of over $60,000.

  • What will the new SEC rules mean for Nebraska’s crowdfunding bill?

    What will the new SEC rules mean for Nebraska’s crowdfunding bill?

    Under the new rules, startups can raise up to $50 million from virtually anyone, although there is an investment limit of 10% of an individual’s net worth. Offerings will still need to be qualified by the SEC, a process that will be somewhat complex but still easier than requirements for an Initial Public Offering. Online…

  • Popular Nebraska angel tax credit may increase $1 million this year

    Popular Nebraska angel tax credit may increase $1 million this year

    Nebraska State Senator John Stinner of Scottsbluff introduced a bill this session, LB 156, that would increase the amount of available angel investor tax credits from $3 million to $5 million per year. The Legislature’s Revenue Committee advanced LB 156 unanimously, but set the amount of available credits at $4 million.

  • Nebraska crowdfunding bill LB 226: What it means for startups

    Nebraska crowdfunding bill LB 226: What it means for startups

    Nebraska State Senator Colby Coash of Lincoln has introduced a bill, LB 226, that creates a framework for equity-based crowdfunding. The Nebraska Department of Banking & Finance would manage the program. Nebraska companies interested in using the program would be required to pay a $200 filing fee, submit documentation to be presented to prospective investors,…

  • Broad consensus supports the future of ridesharing services in Nebraska

    Broad consensus supports the future of ridesharing services in Nebraska

    Among the 20 people who testified before the Legislature’s Transportation and Telecommunications Committee, there was general agreement that Transportation Network Companies (as rideshare companies are defined in the bill) have a role to play in the state’s transportation picture.