The Wyoming State Loan and Investment Board (SLIB) approved two of three Wyoming Business Council Business Ready Community (BRC) grant requests totaling $3,123,935 at its meeting this morning in Cheyenne.
The Wyoming Business Council Board of Directors recommended during meetings on May 28 and June 11 the SLIB approve the three grant requests. The Business Council administers the BRC program, which provides financing for publicly owned infrastructure that serves the needs of businesses and promotes economic development and diversity within Wyoming communities.
The Business Council Board of Directors is required by state statute to forward all BRC recommendations to the SLIB for final approval. The SLIB is comprised of the five statewide elected officials: governor, secretary of state, state auditor, state treasurer, and state superintendent of public instruction.
The grant requests include:
BRC Community Readiness
BRC Community Enhancement
- Alpine requested a $3 million Community Readiness Grant to purchase private water and sewer infrastructure from North Star Utility (NSU) to accommodate the town’s growth strategy. (Approved by the SLIB in full)
- Pine Bluffs requested a $123,935 BRC Community Enhancement Grant to create the Veterans Memorial and Community Plaza on a 7,000 square-foot lot between two downtown buildings. (Approved by the SLIB in full).
- Jackson requested a $25,000 BRC Planning Grant to study the feasibility of a bike share program for the community. (Not approved by the SLIB).
About the Wyoming Business Council. Our mission is to increase Wyoming’s prosperity. We envision a Wyoming where industries are strong, diverse and expanding. Small business is a big deal. Communities have the highest quality of life. Wyoming is the technology center of the High Plains. Wyoming knows no boundaries. Please go to www.wyomingbusiness.org for more information.