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Wednesday, December 8, 2010

Wyoming Approves Business Ready Community Grants

The Wyoming Business Council board recently approved more than $2 million in Business Ready Community grants for local enterprises to help them with expansion. The grant program provides the financing for publicly owned infrastructure that serves the needs of businesses and promotes economic development within Wyoming communities.

Projects recommended for approval were:

* Powell, an additional $267,795 to complete the new building for Gluten Free Oats. Powell was awarded a $450,000 Business Committed Grant on Jan. 28, 2009 for the construction of a 2,880-square-foot building for the expansion of Gluten Free Oats LLC.

* Guernsey, $495,639 to construct a 5,625-square-foot metal building to house the expansion of Applied Research Associates-Joint Training and Experimentation Center.

* Laramie, $805,050 for a 1,640-foot rail spur to be owned by the Laramie Economic Development Corp. LLC for the creation of the South Laramie Trans-Modal site.

* Torrington, $499,710 to purchase and renovate a building for the purpose of a business incubator, the Goshen Enterprise Center.


In addition to the business grants, nearly $3 million in Community Development Block Grants were also approved for various counties in Wyoming. These grants are federally funded by the U.S. Department of Housing and Urban Development.

They were allocated in smaller amounts towards many projects including downtown revitalization, school rehabilitation, town surveying, child development services facility improvements, and a demolition of an old building.

For more details on how to apply for these grants, visit www.wyomingbusiness.org
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