Barriers to Economic Growth
What is a Barrier to Economic Growth?
Every Wyoming community faces different barriers to growth. What’s holding back jobs in Rawlins isn’t the same as what’s holding them back in Sheridan – which is why BRC funding isn’t one-size-fits-all, and why your application needs to start with your community’s specific constraint.
A strong BRC application shows a clear, direct connection between the funding you’re requesting and a real economic outcome: a business that can now hire, a developer who can now build, a community that’s ready for what comes next.
The guide below walks you through how to identify your most critical barrier – so your project targets the right problem and delivers the strongest return on public investment.
One requirement to note: Your community’s barrier to growth must be named in the public notice for community comment before you submit your application.
The 4 part process is outlined in the guide and includes the following steps:
- Diagnose the Community’s Economic Health
- Determine the Main Constraint: Jobs or Workers?
- Validate Your Barrier Hypothesis
- Find the Root Cause by Asking “Why”