OMAHA — Nebraska State Auditor Mike Foley is raising concerns over a $1.2 million grant awarded to Omaha nonprofit Nebraska Startup Academy through the North and South Omaha Recovery Grant Program. The nonprofit projected it would create 60 startups and more than 300 jobs, but amended reports showed only four direct and indirect jobs during 2024 and 2025. Foley also questioned $813,966 in personnel compensation, inaccurate financial reporting and potential conflicts of interest involving Move Venture Capital. The Nebraska Department of Economic Development said it would strengthen oversight and compliance procedures to ensure grant funds are properly managed.

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