Overview
Grants are a way to help enhance and inspire economic development in Wyoming.
Funds are provided by the City of Cheyenne and Laramie County to help enhance projects and support businesses.
Criteria:
Grants are focused on Community Development Projects that support any of the Economic Development Building Blocks.
This can include:
Workforce Development
Quality of Life Enhancement
Infrastructure
Community Leadership
Entrepreneurship
Business Expansion
Grant requests are brought forward by or in partnership with local economic development institutions.
This may include organizations such as:
Local City or County Governments
Laramie County Community College
Cheyenne LEADS
Cheyenne Chamber of Commerce
Cheyenne Downtown Development Authority
Visit Cheyenne
Wyoming Business Council
Wyoming SBDC Network
Wyoming Economic Development Association
Wyoming Women’s Business Center
Or Local Nonprofits
Grants can potentially be used for for-profit small businesses in conjunction with a JPB loan.
Preference given to projects that are done in conjunction with a local bank but have a gap in funding need.
Terms:
Do not need to be repaid.
May include a recapture clause if used for real estate or development.
Generally, between $10,000 and $75,000
May be paid out over the course of 1 year based on a reimbursement of invoices for use of the funds in accordance with the grant contract.