This bill amends section 81-12,162 of the Reissue Revised Statutes of Nebraska to enhance the small business investment program managed by the Department of Economic Development. The amendments include a requirement that the department shall award up to three million dollars annually, replacing the previous language that stated the department may award these funds. The program aims to provide grants to microloan delivery organizations, technical assistance organizations, and innovation hubs to support the growth of microenterprises, particularly in low-income and economically distressed areas. Additionally, the bill outlines the criteria for awarding grants, emphasizing the importance of equitable access across geographic regions and the need for collaboration with commercial lending institutions. It specifies the use of awarded funds for various purposes, including establishing revolving loan funds, guaranteeing loans, and covering operational costs. The bill also mandates that any financial assistance awarded must be matched by nonstate funds, ensuring a commitment from external sources to support microenterprise development in Nebraska.