State Loan and Investment Board to consider two grants Oct. 1

State board to consider two grants Oct. 1

BUSINESS READY COMMUNITY (BRC) GRANT APPLICATIONS 

Business Council staff review each application, conduct site visits, or conference calls in the case of planning grants, and make presentations to a board subcommittee before making final recommendations to the full board.  

About the Program: The Wyoming Business Council administers the Business Ready Community grant and loan program, which provides financing for publicly owned infrastructure that serves the needs of businesses and promotes economic development within Wyoming communities.  

The Business Council board is required by statute to forward BRC grant and loan recommendations to the State Loan and Investment Board (SLIB) for final approval. The SLIB is comprised of the five statewide elected officials: the governor, secretary of state, state auditor, state treasurer and state superintendent of public instruction. 

The SLIB will make final decisions on BRC projects on Oct. 1.

Community Readiness

• The Town of Greybull requests $600,000 in Community Readiness grant funds to pave roads for Phase II (lots 37-72) of the Greybull Business Park. These lots exist on 29.67 acres. Greybull believes that there will be an opportunity in the post-COVID-19 economy to attract families and businesses from the population centers to rural areas. (Board recommends funding as requested.)