Nevada Means Business

Nevada Department of Business and Industry

Nevada Means Business is the official podcast of the Nevada Department of Business and Industry, hosted by Director Kristopher Sanchez, highlighting the people, policies, and partnerships driving Nevada’s economic vitality. Through conversations with business leaders, state officials, and industry experts, the podcast explores workforce development, economic diversification, innovation, and the programs shaping opportunity across the Silver State.

  1. 2d ago

    What the Nevada Department of Business & Industry Does for Entrepreneurs with Marcel Schaerer

    Marcel Schaerer, Deputy Director of the Nevada Department of Business and Industry, breaks down the free resources, licensing steps, and support networks available to Nevada's 353,000 small business owners — and explains why most entrepreneurs never access the tools their own state government built for them. Director Kristopher Sanchez leads a conversation that maps the exact path a new or growing business owner should follow, from local chambers of commerce to technical advisors to state licensing agencies, using the department's interactive roadmap containing over 400 resources. The episode covers the critical difference between startups and small business owners, a distinction that determines which resources apply and which agencies to contact first. Schaerer introduces the "one-three-five mile radius" framework for local market data analysis, a practical method that helps business owners stop drowning in irrelevant information and focus on demographics within walking distance of their location. Sanchez outlines the four state agencies every Nevada business owner must coordinate with — the Secretary of State, Department of Taxation, Department of Business and Industry, and regional economic development organizations including the Las Vegas Global Economic Alliance. Schaerer brings 30 years of Nevada entrepreneurship to the conversation, having launched a business in 1996 with $100 and survived both the Great Recession and the pandemic. His background in lean manufacturing informs a performance formula he applies to government operations: performance equals people times process times technology. The discussion also addresses artificial intelligence adoption among small business owners, a frontier Schaerer describes as a "foreign concept" that most Nevada entrepreneurs recognize but have not yet learned to apply profitably, and the department's partnership with UNLV to establish ethical AI research standards for state government use. The Nevada Department of Business and Industry serves as the state's largest regulatory agency and the leading point of contact for entrepreneurs navigating the full lifecycle of starting, running, and growing a business in Nevada.

  2. Aug 10

    What the Nevada Bankers Association Actually Does for Small Business Owners with Phyllis Gurgevich

    Phyllis Gurgevich, president and CEO of the Nevada Bankers Association, breaks down how Nevada banks evaluate small business loan applications using the five C's of credit — character, capacity, collateral, capital, and conditions — and explains the specific steps entrepreneurs should take before approaching a lender. Host Kristopher Sanchez, Director of the Nevada Department of Business and Industry, presses Gurgevich on how the state's banking ecosystem supports first-time borrowers who feel intimidated by the lending process. The conversation reveals that banks want to find a path to yes, not deliver a rejection, and that free coaching through Nevada's Small Business Development Centers can bridge the gap for entrepreneurs who aren't yet bank-ready. Gurgevich outlines the current health of Nevada's banking industry, describing well-capitalized institutions operating cautiously amid rising interest rates while continuing to make loans. The discussion covers how the dual banking system — state-chartered versus nationally chartered banks — creates competition and drives product innovation that benefits local communities. Nevada business owners exploring lending options will hear specific guidance on which resources exist through the SBA, SBDC, and state programs like SSBCI that provide collateral support and lender participation for qualifying borrowers. The interview surfaces a striking figure: Nevada could lose up to $1.6 billion in community lending capacity if the federal Genius Act's stablecoin provisions allow third-party entities to hold deposits outside traditional banks. Gurgevich also details how Nevada banks deploy artificial intelligence primarily for fraud detection, flagging unusual transactions faster than human review, and describes pending federal legislation — the Scam Act — that would require social media platforms to verify advertisers before running financial ads. A partnership between the Nevada Bankers Association and UNLV has produced a banking career pipeline where finance majors rotate through bank departments in paid positions, while a new freshman financial literacy elective has become one of the most popular courses on campus. The conversation captures how Nevada's banking industry operates at the intersection of federal regulation, emerging financial technology, and community-level economic development during a period of rapid change.

  3. Aug 3

    How LVGEA Is Building a 30,000-Job Diversification Pipeline with Danielle Casey

    Danielle Casey, president and CEO of the Las Vegas Global Economic Alliance, breaks down the specific economic diversification strategy Southern Nevada is pursuing to move beyond tourism dependence — including the 30,000 new jobs needed across target industries to shift the region's diversification index from 74 to 77 out of 100, and why the Site Selectors Guild chose Las Vegas for its national conference for the first time. Casey, a certified economic developer and current board chair of the International Economic Development Council, explains why workforce pipeline planning and regional alignment matter more to corporate site selection than traditional tax incentives. The episode covers how LVGEA conducted its target industry analysis, why the organization is narrowing from 20-plus sub-industries to a focused set of sectors including bio life sciences, sports and entertainment technology, and sustainability research. Casey details the "but for" clause that guides responsible public investment in business attraction, and why she is reframing the incentive conversation around long-term community returns rather than corporate subsidies. The discussion also addresses Southern Nevada's class A office space shortage and the infrastructure gaps that have cost the region competitive deals. Casey brings perspective from economic development roles in Maricopa, Scottsdale, Sacramento, and Albuquerque, drawing direct parallels between water-scarce Southwestern markets and the strategies that make them viable for advanced industries. She reveals that LVGEA is pursuing a rebrand, converting from a 501(c)(6) to a 501(c)(3) structure, and co-founding the Nevada Economic Developers Association with EDAWN to train future practitioners and educate elected officials across rural and urban markets statewide. Host Kristopher Sanchez, director of the Nevada Department of Business and Industry, presses on the coordination gaps between state agencies handling infrastructure, land use, and economic development in silos. The conversation offers a rare operational look at how a regional economic development organization retools its mission, budget, and staffing to compete for corporate relocation projects against metros like Phoenix and Salt Lake City.

  4. Jul 27

    Las Vegas Small Business Owners: How the Latin Chamber Advocates for You with Peter Guzman

    Peter Guzman, president of the Latin Chamber of Commerce in Las Vegas, breaks down how the chamber transformed from a financially struggling organization into a 2,500-member advocacy powerhouse by treating its membership like shareholders in a publicly traded company — and why that same mindset of rapid adaptability separates thriving small businesses from those that fail. Host Kristopher Sanchez, director of the Nevada Department of Business and Industry, draws out the specific policy wins, workforce programs, and operational philosophies that have defined the chamber's last decade. The conversation lands at a moment when Nevada is experiencing 11 to 12 consecutive months of job growth, and both leaders tie that trajectory directly to intentional policy decisions rather than coincidence. The episode covers how the Latin Chamber functions as a legislative voice and on-the-ground resource for small business owners who lack the time to engage in policy debates themselves, from advocating for the handyman bill and street vendor bill during the last legislative session to helping members troubleshoot day-to-day operational problems like replacing broken equipment. Guzman explains why the chamber's nonpartisan approach — evaluating elected officials solely on their small business track record — has expanded its influence across political lines. Guzman traces the chamber's origins back 50 years to founders like Arturo Cambero and first president Otto Merida, who fought to establish Hispanic business representation in Las Vegas. His own path began on 28th Street and Bonanza, moved through valet parking at the Sahara Hotel, and pivoted into a real estate career that has now exceeded $700 million in combined sales and construction under the mentorship of Lynn Wardley. The chamber's current initiatives include the Latino Youth Leadership Conference in partnership with UNLV, Guzman's completed chairmanship of the Public Education Foundation, and an upcoming AI training program led by VP of Special Projects Mayte Salazar. The conversation reinforces how Nevada's entrepreneurial ecosystem depends on the intersection of responsible regulation, workforce development, and organizations willing to do the unglamorous operational work that makes ribbon-cuttings possible. Peter helped the Department of Business and Industry launch the Nevada Means Business podcast by hosting the pilot episode and interviewing Director Sanchez. We are delighted to welcome Peter back as the guest for our 20th episode!

  5. Jul 20

    Why Nevada Was Chosen as the Site for the $230 Million Deep Synoptic Array with Dr. Katie Jameson

    Dr. Katie Jameson, lead project manager of the Deep Synoptic Array, explains how a 1,650-dish radio telescope being built outside Ely, Nevada, will map the entire radio sky multiple times per year at unprecedented sensitivity—and why rural White Pine County became the ideal location for what could become the world's most powerful ground-based radio survey instrument. The conversation with Nevada Department of Business and Industry Director Kristopher Sanchez explores the engineering breakthroughs, hiring and construction challenges of building in frontier Nevada, and what the project means for Nevada's growing role in scientific innovation, workforce development, and economic diversification. Jameson details how radio interferometry works and why DSA eliminates the computational bottleneck that has historically slowed radio astronomy. What Caltech calls a "radio camera" will generate open-access survey data, expanding opportunities for researchers, students, and citizen scientists while creating new pathways for Nevada institutions to participate in groundbreaking discovery. Backed by Schmidt Sciences and developed through Caltech's Owens Valley Radio Observatory, the approximately $230 million nonprofit research project represents a significant investment in Nevada while advancing one of the highest-ranked observatory proposals in the U.S. astronomy decadal review. Jameson explains how room-temperature amplifiers replaced cryogenic cooling systems, how NVIDIA GPU solutions dramatically reduced the project's computing footprint, and how neutral hydrogen mapping at the 21-centimeter wavelength could help answer fundamental questions about dark matter and galaxy evolution. She also discusses long-term collaborations with the University of Nevada, Reno, the University of Nevada, Las Vegas, Nevada's community colleges, and K-12 schools to expand research opportunities, strengthen Nevada's research ecosystem, and connect students across the state—especially in White Pine County—to one of the nation's premier scientific initiatives. The conversation also explores what it takes to build a world-class observatory in rural Nevada, from recruiting local construction and operations personnel to building lasting partnerships with educators, community leaders, and Nevada institutions. Jameson reflects on joining Director Kristopher Sanchez and the Nevada Department of Business and Industry during the recent Rural Road Trip through White Pine County, reinforcing the project's commitment to becoming an active partner in the community it will call home. Together, the conversation highlights how collaboration among state government, higher education, nonprofit research institutions, local communities, and industry partners can strengthen STEM education, workforce development, and Nevada's position as a destination for scientific innovation.

  6. Jul 13

    How 320,000 Adults Can Finish Their Degree Without Starting Over With Matt McNair

    NSHE Chancellor Matt McNair explains how Nevada's Credit for Prior Learning initiative could help 320,000 adults with some college credit finish a degree without repeating coursework, and why the state's eight-campus higher education system is restructuring around workforce alignment, AI readiness, and rebuilding public trust. Host Kristopher Sanchez, Director of the Nevada Department of Business and Industry, presses McNair on whether Nevada's second-most-affordable tuition in the nation can sustain competitive faculty recruitment and modern campus facilities simultaneously. The conversation covers the lifetime earning premium of a four-year degree — estimated between $1 million and $1.3 million over a high school diploma — and why McNair believes certificates, associate degrees, and six-month credentials deserve equal institutional attention. McNair details the Board of Regents' approval of open educational resources designed to reduce textbook costs, and describes the system-level AI sandbox NSHE is developing to give all eight campuses secure access to enterprise AI tools without exposing protected data. McNair names specific private-sector partnerships driving workforce outcomes, including MGM's College Opportunity Program, which draws over 100 employee applicants annually, and UNLV's provost-led Southern Nevada Summit where local employers directly shape academic curriculum — an approach McNair calls unusual among American universities. He also outlines capital investments funded through a recent special legislative session: a life sciences building at UNR, a new business building at UNLV, and early planning for a veterinary school in Reno. Institutions like Truckee Meadows Community College and Great Basin College in Elko are highlighted for tailoring programs — diesel mechanics, mining operations — to rural Nevada's dominant industries. Nevada's higher education system faces a possible enrollment cliff that has already hit other states, and McNair's strategy for the upcoming legislative session centers on operational transparency, workforce-aligned programming, and earning back trust from lawmakers, the public, and internal stakeholders across all 13 elected-regent districts.

  7. Jul 6

    What Nevada DMV Looks Like After Modernization with Tonya Laney

    Nevada DMV modernization has reached a milestone that most state agencies only talk about — the average Nevada resident now needs to visit a DMV office in person only once every 16 years. Director Tonya Laney sits down with Kristopher Sanchez, director of Nevada's Department of Business and Industry, to explain how a multi-year technology transformation turned one of the state's most public-facing agencies into a model for digital government services. The conversation covers how Nevada DMV used transaction data to prioritize which services moved online first, why the agency adopted an inverted organizational chart that puts frontline staff at the top, and what an "Amazon-like experience" means when applied to vehicle registration and driver's license renewals. Laney details the funding cap structure that forces the agency to solve population growth through technology rather than new brick-and-mortar offices — a constraint that became the catalyst for the entire transformation. Laney, a 14-year state government veteran appointed to Governor Lombardo's cabinet in March 2024, also addresses Nevada's 86 percent Real ID adoption rate, the agency's expanding cybersecurity team that grew from one person to five, and a new inter-agency working group with the Department of Public Safety and Business and Industry focused on autonomous vehicle regulation gaps. She describes riding in a Zoox autonomous vehicle — an Amazon subsidiary — and confronting the regulatory question of how to ensure roadway safety when there is no human driver to test. Nevada's push to digitize government services while protecting constituent data and maintaining in-person access reflects a broader challenge facing state agencies nationwide as population growth outpaces physical infrastructure.

  8. Jun 29

    What the Guinn Center ACTUALLY Does for Nevada Policy with Jill Tolles

    During each biennial session, Nevada's legislature processes up to 1,500 bills in just 120 days, yet 85 to 97 percent pass with bipartisan support — a statistic that contradicts nearly every national headline about political gridlock. Jill Tolles, former three-term Nevada Assembly member and current Executive Director of the Kenny Guinn Center for Policy Priorities, breaks down how nonpartisan policy research is quietly reshaping the way state lawmakers make decisions. Her perspective bridges the gap between lived legislative experience and rigorous, evidence-based analysis produced for both elected officials and the public. The conversation covers how the Guinn Center selects its research agenda through statewide surveys, legislative caucus meetings, and community policy forums — without ever lobbying for or against specific legislation. Tolles explains the center's methodology for hiring researchers driven by intellectual curiosity rather than ideological agendas, and how peer review teams of deliberate "rivals" ensure credibility across partisan lines. Host Kristopher Sanchez, Director of the Nevada Department of Business and Industry, draws parallels between the center's comparative state analysis and the questions his own agency faces during legislative testimony. Since Tolles took the helm in January 2023, the Guinn Center has published 50 policy reports spanning education, housing affordability, economic and fiscal policy, and governance. During the most recent legislative session, the center was cited 342 times in hearings, and 11 of its specific policy recommendations were enacted into law. An upcoming report on the legislative history of Nevada tax abatements signals the center's continued alignment with emerging interim committee priorities heading into the next session. The Guinn Center operates as a University of Nevada, Reno affiliate with partnerships extending to UNLV's Lied School of Real Estate, Boyd Law School, and the Center for Business and Economic Research — channeling academic expertise into Nevada-specific policy solutions available free at guinncenter.org.

About

Nevada Means Business is the official podcast of the Nevada Department of Business and Industry, hosted by Director Kristopher Sanchez, highlighting the people, policies, and partnerships driving Nevada’s economic vitality. Through conversations with business leaders, state officials, and industry experts, the podcast explores workforce development, economic diversification, innovation, and the programs shaping opportunity across the Silver State.