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Loans & Grants
The following loans and grants are available to businesses located in Northeast Wyoming in the Counties of Campbell, Converse, Crook, Niobrara, Sheridan, and Weston. Read the brief descriptions to determine what funding your business may qualify for and then contact the appropriate agency to discuss your needs. You will find contact information for each organization on the back page.
Funding sources include local governments, as well as state and federal government. The application process for many of the programs is competitive and the funding is limited. You are encouraged to develop feasibility and business operating plans to assist you in your application process. Check web addresses for up to date information.
These sites are free and updated regularly, so don´t pay anyone for grant information, because if it: SOUNDS TOO GOOD TO BE TRUE, IT PROBABLY IS.
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Wyoming Programs
Workforce Development Training Fund Grants
| Contact |
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Local or Regional Economic Development Organizations
Wyoming Business Council Regional Director
Workforce Service Centers |
| Funding Source |
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State Fund |
| Administering Body |
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Department Workforce Services (DWS) |
| Eligible Applicants |
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For-profit and non-profit businesses, County Hospitals |
| Eligible Activities |
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The grant may be used to cover a percentage of eligible costs of training for new or upgraded skills for existing and new employees up to a $2,000 maximum per year per employee. The Employer will be required to cover wages and a percentage of the training and travel costs. The grant may only be used to pay for training that occurs after the grant is approved. |
| Schedule |
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Applications accepted anytime. Approval takes about six weeks. |
| Additional Information |
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http://wydoe.state.wy.us |
Wyoming Business Council Trade Show Grants
| Contact |
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Local or Regional Economic Development Organizations |
| Funding Source |
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Wyoming Business Council |
| Administering Body |
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Wyoming Business Council |
| Eligible Applicants |
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Must be a Wyoming based company that is maintaining or creating employment in Wyoming. Must be able to demonstrate that the attendee is capable of capitalizing on the trade show. |
| Eligible Activities |
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Allowable expenditures include space rental, booth design, booth construction, booth equipment and/or furniture rental, transportation expenses, booth utility costs. |
| Other Criteria |
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Limited to $1,500 annually for each participant. Must have a recommendation from the local economic development group, chamber of commerce or community group. |
| Schedule |
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Application must include 12 month period of planned trade show events into one grant application and must be submitted at least 30 days prior to the first planned trade event in the application. |
WSSI Phase 0-SBIR/STTR Proposal Planning Grant
| Contact |
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WSSI Outreach Coordinator |
| Funding Source |
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Wyoming Business Council administered through the University of Wyoming |
| Administering Body |
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University of Wyoming Vice-President of Research |
| Amount |
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Maximum of $5,000; typically 2 awards/month |
| Deadline |
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5:00 p.m. the first day of each month |
| Eligible Applicants |
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Small business with less than 500 employees, for-profit business, American owned and independently operated, principal investigator employed by business. |
| Purpose |
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To assist Wyoming entrepreneurs and innovative small businesses in obtaining federal Small Business Innovative Research (SBIR) and Small Business Technology Transfer (STTR) grants to fund the development of innovative new product or service concepts. |
| Other Requirements |
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All applications must be submitted electronically. This is a fixed price contract grant. There are no match requirements. The goal for the SBIR/STTR program is to bring a new product or service idea from the concept stage to commercialization. |
| Additional Information |
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Detailed information is available at http://www.uwyo.edu/sbir |
Community Development Block Grant – Technical Assistance Program
| Contact |
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Local or Regional Economic Development Organizations |
| Funding Source |
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Wyoming Business Council administers funds from HUD-CDBG |
| Administering Body |
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Wyoming Business Council |
| Eligible Applicants |
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A local governmental entity on the behalf of a for-profit business. |
| Eligible Activities |
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Business plans; marketing studies; feasibility studies; packaging; prototypes; consulting on sales, cash flow and marketing. |
| Other Criteria |
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Must meet state and federal policy objectives |
| Additional Information |
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Very limited funding available on an annual basis |
| Schedule |
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Applications accepted year round. Requires 90 to 120 days including public hearings to process. |
Wyoming Business Council Financial Tools
| Contact |
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Wyoming Business Council Regional Directors or local Economic Development Organization |
| Funding Source |
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State of Wyoming |
| Administering Body |
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Wyoming Business Council |
| Program |
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Short term financial assistance to meet specific business needs. Most require traditional lender participation and sound business plan. |
| Applicants |
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Any business may apply to the Wyoming Business Council or local Economic Development Organization. |
| Additional Information |
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www.wyomingbusiness.org |
Wyoming Women´s Business Center – Micro Loan Program
| Contact |
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Wyoming Women´s Business Center |
| Funding Source |
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U. S. Small Business Administration, Wyoming Industrial Development Council, Wyoming Women’s Business Center |
| Administering Body |
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Wyoming Women’s Business Center Loan Committee |
| Amount |
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The WWBC accepts applications for loans from $500-$20,000. Smaller loans ranging from $500 - $10,000 are preferred and most common. Larger loans require an excellent business plan and prior business management experience. |
| Deadline |
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Applications accepted any time |
| Eligible Applicants |
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Will consider requests from any Wyoming resident. |
| Eligible Activities |
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Proceeds of micro loans may be used for working capital, inventory supplies, furniture, fixtures, machinery, and/or equipment. In no case shall the proceeds be used for down payments or purchase of real estate, or for pyramid scheme/multi-level marketing businesses. |
| Additional Information |
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Detailed information is also available at http://www.wyomingwomen.org |
Local Programs
Casper Area Economic Development Incentives
| Contact |
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Casper Area Economic Development Alliance, Inc. |
| Funding Source |
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Public and private funding available |
| Administering Body |
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Casper Area Economic Development Alliance, Inc. and Joint Powers Board |
| Program |
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Incentive funding can be made available for fixed assets, in conjunction with conventional financing. An essential element is the creation of base or primary jobs. The program is flexible and customized, based upon the number of jobs, wage level and capital investment involved. |
| Applicants |
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Financially viable businesses expanding in or relocating to the Casper/Natrona area. |
Contacts
Local and Regional Economic Development Organizations
Big Horn Economic Development District
Service Area: Johnson and Sheridan County
55 N. Main, Buffalo, WY 82834
(307) 684-5544, 800-227-5122
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Buffalo Chamber of Commerce
Service Area: Johnson County
55 N. Main, Buffalo, WY 82834
nadgross@wyoming.com
(307) 684-5544, 800-227-5122
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Campbell County Economic Development Corporation
Service Area: Campbell County
222 S. Gillette Avenue, Suite 402
P.O.Box 3948 Gillette, WY 82717
ccedc@vcn.com
(307) 686-2603, 800-376-0848
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North East Wyoming Economic Development Coalition
Service Area: Campbell, Converse, Crook, Natrona, Niobrara & Weston
222 S. Gillette Avenue, Suite 402
P.O.Box 3948 Gillette, WY 82717
newedc@vcn.com
(307) 686-2603, 800-376-0848
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Sheridan Area Development Alliance
Service Area: Sheridan County
203 S. Main Suite 2003
Sheridan, WY 82801
bill@sadawyo.org
(307)-673-8004
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Converse Area New Development Organization
Service Area: Converse County
121 Brownfield Rd.
P.O.Box 593 Douglas, WY 82633
CANDO@netcommander.com
(307) 358-6520
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Wyoming Business Council Regional Directors
Northeast Region
Sheridan, Johnson, Campbell, Crook and Weston
Dave Spencer, Regional Director
222 S. Gillette Avenue, Suite 402
Gillette, WY 82717
dspencer@wysbc.com
(307)685-0283, (307)689-1320
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Central Region
Converse and Niobrara
Steve Elledge, Regional Director
300 S. Wolcott, Suite 300
Casper, WY 82601
selled@state.wy.us
(307) 577-6012
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State Organizations
WSSI Outreach Coordinator
Jill Kline
222 S. Gillette Avenue, Suite 402
Gillette, WY 82716
jillkline@vcn.com
(307) 682-2660, 866-703-3280
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Wyoming Small Business Development Center
Campbell, Crook, Johnson, Sheridan, Weston
222 S. Gillette Avenue, Suite 402
Gillette , WY 82716
sbdc@vcn.com
(307) 682-5232, 888-956-6060
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Wyoming Women’s Business Center
P.O.Box 3661
Laramie, WY 82071
www.wyomingwomen.org
(307) 766-3084, 888-524-1947
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Wyoming Small Business Development Center
Converse and Niobrara
300 S. Wolcott #300
Casper, WY 82601
sbdc@trib.com
(307) 234-6683, 800-348-5207
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