Nevada Means Business

Nevada Department of Business and Industry
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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. 1d ago

    Running a $400 Million State Highway Program with NDOT Director Tracy Larkin-Thomason

    Nevada Department of Transportation Director Tracy Larkin-Thomason explains why the state's 5,400 miles of highway face a growing maintenance challenge — and what it will take to keep pace with explosive population growth, a surging mining industry, and stalled infrastructure funding. With a fuel tax unchanged since 1993 and construction inflation exceeding 60%, the gap between what Nevada roads need and what the highway fund can deliver is widening every year. The conversation covers NDOT's full scope of operations, from managing 1,200 bridges and 50 fueling stations to coordinating emergency response across four states after the 2024 I-15 closure that shut down northbound traffic into Las Vegas for 48 hours. Larkin-Thomason details six new interchanges planned along I-15 from the California state line to Sloan, ten more between Kyle Canyon and Mercury, and the challenges of building new capacity while the existing system erodes. Brightline West, the $3 billion high-speed rail project connecting Rancho Cucamonga to Las Vegas, has finalized all contracts and encroachment permits with NDOT. Larkin-Thomason calls it one of the first passenger rail expansions into the interior West and a nationally significant infrastructure milestone. The episode also addresses Nevada's critical mineral boom — with 13 essential minerals, lithium extraction at Thacker Pass, and new operations near Tonopah and Beatty — and the strain that mining super loads, workforce housing shortages, and heavy truck traffic place on two-lane rural highways. Larkin-Thomason, a 30-year NDOT veteran who rose from tech trainee to director, outlines the agency's legislative priorities heading into the 2027 session. The highway fund currently splits revenue among NDOT, the Department of Motor Vehicles, and the Department of Public Safety, with 67% of the transportation program funded by federal dollars. Deferred projects now stretch past 2035, and the director frames the state's central question plainly: decide what Nevada should look like in 20 years, then fund the infrastructure to match.

  2. 2d ago

    Las Vegas Airport Director James Chrisley: 5 Projects Transforming Harry Reid International Airport

    Harry Reid International Airport faces a massive modernization challenge as Terminal 1 facilities designed in the 1960s strain under modern aircraft carrying nearly double the passengers they were built to handle. James Chrisley, Director of Aviation for Clark County and a former U.S. Air Force civil engineer, details the multi-billion-dollar plan to rebuild the Las Vegas airport while keeping it fully operational through Super Bowls, Formula One races, and a wave of new professional sports events over the next three years. The conversation covers the 15% design plan expected by the end of the calendar year, the integration of Zoox autonomous vehicles at Terminal 1 and Terminal 3, and how the Boring Company loop system will eventually connect to the airport. Chrisley explains why the airport adopted common-use gate technology decades before most competitors, allowing any airline to log into any gate and operate within minutes. Clark County owns 6,000 acres in the Ivanpah Valley, 30 miles south of Harry Reid off I-15, where a supplemental airport with two parallel runways — including a 15,000-foot runway for international wide-body jets — could open as early as 2037. The FAA environmental impact review resumed in May 2024, with a record of decision expected in 2028. Three separate congressional acts secured the land, protected the site from encroachment, and authorized stormwater infrastructure across the valley. Henderson Executive Airport and North Las Vegas Airport both have master plans in process that include runway extensions and terminal remodels to absorb the growing business jet traffic that fills those airfields to capacity during every major event weekend. Chrisley notes that nearly 50 percent of all Las Vegas visitors arrive through the airport system, making modernization critical to the regional economy and the city's position as the sports and entertainment capital of the world.

  3. Sep 7

    Las Vegas A's President Marc Badain on Building a $1B Ballpark From Scratch

    Las Vegas A's president Marc Badain explains how the city transformed from a nascent sports market into one of the most dominant sports and entertainment destinations in the country — and what the new Las Vegas A's stadium means for the local economy, small business owners, and aspiring sports management professionals. Badain, a 36-year sports executive who started as a Raiders intern and helped build Allegiant Stadium, offers a rare insider perspective on franchise relocation, stadium financing, and the economics driving professional sports infrastructure. The conversation covers the Raiders' move from Oakland to Las Vegas, the public funding mechanism behind Allegiant Stadium, and why Badain believes the Las Vegas ballpark — a 30,000-seat facility designed by Bjarke Ingels and currently 14 months into construction with $620 million spent — will anchor the southern end of the Strip by 2028. Badain describes the differences between NFL and MLB organizational culture, why minor league sports and large-scale stadium projects offer the best career entry points, and how franchise valuations have compounded at staggering rates over the past decade. Badain also addresses how the A's organization has embedded itself in the Las Vegas community through 117 outreach events in two quarters, player appearances at Three Square and Sunrise Hospital, and partnerships with local Little League and softball programs. For small business owners, the stadium project has already allocated 17% of construction participation to small and minority-owned businesses under SB1. The episode captures a pivotal moment in Nevada's economic diversification as professional sports franchises generate thousands of construction and operations jobs beyond the traditional gaming and hospitality economy. Marc Badain reflects on leadership lessons from coaches like Jon Gruden and the importance of transparent communication, managing down rather than up, and eliminating verbal tics through deliberate practice — principles applicable far beyond the sports industry.

  4. Aug 31

    Autonomous Vehicles and Outdated Regulation with Vaughn Hartung, Nevada's Transportation Chairman

    Nevada's transportation regulatory framework faces a collision between a 1919 utility structure and the rapid rise of autonomous vehicles and rideshare platforms — and the Chairman of the Nevada Transportation Authority is working to fix it before the 2027 legislative session. Vaughn Hartung, former Washoe County Commissioner and current NTA Chairman, breaks down the policy gaps holding Nevada back and the comprehensive reforms needed to modernize how the state regulates everything from taxis to self-driving cars. The conversation covers why non-emergency medical transportation has no direct statutory definition in Nevada despite serving a rapidly growing aging population, how the NTA and DMV split oversight of autonomous vehicle network companies under NRS 706B and 706A, and what Hartung observed firsthand while riding in autonomous vehicles in Arizona. Hartung explains the critical difference between utility-model regulation — rooted in monopoly-era railroad oversight — and the dynamic market-model regulation that governs Uber, Lyft, and autonomous ride services. Hartung details the inconsistencies between Clark County and statewide taxi regulations, the lack of standardized first responder interaction protocols for autonomous vehicles, and why the NTA's 20-year-old technology platform is being replaced with a digital system. The episode also previews a comprehensive transportation policy paper being developed in partnership with the Lincy Institute at UNLV, aimed at giving legislators a unified framework heading into the 2027 session. Kristopher Sanchez, Director of the Nevada Department of Business and Industry, hosts the conversation and outlines plans to merge the Nevada Transportation Authority and the Taxi Authority under a single administrative structure. The discussion highlights how Nevada's biennial legislature creates a regulatory lag that leaves agencies struggling to keep pace with rapidly evolving transportation technology, from AI-driven learning models in autonomous vehicles to the digital transformation of government services.

  5. Aug 24

    Small Business Owners: Every SBA Loan and Program Explained by Deputy Admin Bill Briggs

    Small business owners in Nevada looking for SBA loans, federal contracting opportunities, and veteran business programs will find direct answers from SBA Deputy Administrator Bill Briggs in this interview with Nevada Department of Business and Industry Director Kristopher Sanchez. Briggs details how the Small Business Administration supports Nevada's 353,000 small businesses — which employ roughly 45% of the state's workforce — through counseling, capital access, and disaster recovery programs. The conversation covers SBA loan requirements and how to find a lender through sba.gov/lendermatch, the suspension of the CMMC cybersecurity certification that had burdened small defense manufacturers, and specialized programs for veteran-owned small businesses through Veterans Business Outreach Centers at UNLV and UNR. Briggs explains how the service-disabled veteran-owned business certification backlog was cleared in three weeks under Administrator Kelly Leffler. Briggs also breaks down two major policy developments affecting small businesses nationwide: the Working Families Tax Cut provisions that allow immediate expensing of equipment and facilities, and the Made in America manufacturing initiative focused on reindustrialization and onshoring. Nevada's role as a critical minerals mining state and its position within the Southwest aerospace and semiconductor manufacturing corridor — spanning Arizona, Nevada, California, and New Mexico — makes these federal priorities particularly relevant for local business owners. The SBA operates over 900 Small Business Development Center offices nationwide, with more than 16 locations across Nevada offering free or low-cost business counseling. Briggs emphasizes that small business owners should seek mentors through these centers and leverage the full ecosystem of state and federal resources available before pursuing capital.

  6. Aug 17

    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.

  7. 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.

  8. 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.

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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.

Information

  • Creator
    Nevada Department of Business and Industry
  • Years Active
    2026
  • Episodes
    28
  • Rating
    Clean
  • Copyright
    © Nevada Department of Business and Industry
  • Show Website
    Nevada Means Business

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