The Challenges of Entrepreneurship in Las Vegas, Nevada

Entrepreneurs in Las Vegas, Nevada face a multitude of difficulties when attempting to start and maintain their businesses. Despite the city's thriving economy, there is a disparity at the national level among startups created by people of color. Obtaining permits in each Clark County jurisdiction, including Henderson, Las Vegas, and North Las Vegas, can be a daunting task. Additionally, Nevada's tech-related workforce is not as strong as other states, making it difficult to hire qualified personnel.

Lithium mining is an opportunity for Nevada, but it requires permits and technology to be in place. The Western Nevada Economic Development Authority (EDAWN) is striving to promote growth in the Reno-Sparks area. Lead generation trips have resumed after the pandemic to explore industry groups that could thrive in Southern Nevada. A thought leadership roundtable was held at the Legacy Club on top of Circa Las Vegas.

Jean Claude Luakabuanga, the founder of BRBCK, was present to help small businesses discover in their neighborhood. The pandemic has posed a challenge for those who moved to Las Vegas to work away from headquarters, only to find themselves working from home in a city they didn't know. The Nevada Department of Business and Industry is hosting a free Nevada Small Business Resource Fair on Wednesday, May 4 starting at 10 a.m., which small business owners and aspiring entrepreneurs are invited to attend. Employers are struggling to hire and retain employees amid the current COVID-19 pandemic.

Las Vegas human resources and workforce experts have offered information on how they have addressed this challenge in the short and long term. Businesses located in Nevada need business facilities, employee housing, and a trained or capable workforce.