Financing for publicly owned infrastructure that serves the needs of businesses and promotes economic development goals of Wyoming communities
The Business Ready Community (BRC) grant and loan program provides financing for publicly owned infrastructure that serves the needs of businesses and promotes economic development within Wyoming communities.
Cities, towns, counties, joint powers boards, and the Northern Arapaho and Eastern Shoshone tribes are eligible to apply for funding.
Public infrastructure eligible for funding includes water; sewer; roads; airports; rights of way; telecommunications; land; spec buildings; amenities within a business park, industrial park, industrial site or business district; landscaping, recreation, and educational facilities; and other physical projects in support of primary economic and educational development.
Infrastructure such as water, sewer, streets, telecommunications, airports, rights of way, land, spec buildings, or amenities within a business park, industrial park, industrial site or business district or other appropriate physical projects in support of primary economic development. Educational development infrastructure such as workforce training facilities are eligible. Recreational facilities, landscaping and convention centers are also eligible. Finally, utility costs under the managed data center cost reduction grant.
View the Project Profiles and Annual Report
Cities, towns, counties and joint powers boards are the primary applicants for this program. State and local community development organizations can assist and provide project management development under contract to the primary applicant. The Council may enter into contracts/cooperative agreements with the Eastern Shoshone Tribe and the Northern Arapaho Tribe in order to promote the purpose of the program and fund infrastructure projects.
Project Highlight | Application Deadline | Board Meeting | SLIB Meeting |
---|---|---|---|
Planning | Feburary 1st | May | June |
Community Readiness | June 1st | September | October |
Community Projects | September 1st | December | February |
Community Readiness | November 1st | February | April |
* Business Committed and Managed Data Center Cost Reduction applications can be submitted at any time
Business Committed: $5 million maximum
Community Readiness: $5 million maximum
Community Project: Tier 1: $500,000 maximum, Tier 2: $750,000
Loan Program: $5 million maximum
Managed Data Center: $2,250,000 maximum (grant amount is determined by business match amount.)
Category One applicants are those municipalities with a population greater than 1,300 or are located in a county where the three-year average of the local government share of state sales and use tax per capita is more than 70% of the statewide average.
Category Two applicants are those municipalities with a population under 1,300 or are located in a county where the three-year average of the local government share of state sales and use tax per capita is less than 70% of the statewide average.