The Wyoming State Loan and Investment Board (SLIB) approved an $860,625 Business Ready Community (BRC) Business Committed grant at its meeting today in Cheyenne. The Wyoming Business Council administers the BRC program, which provides the financing for publicly owned infrastructure that serves the needs of businesses and promotes economic development within Wyoming communities.
The Business Council Board of Directors is required by statute to forward all BRC recommendations to the SLIB for final approval. During its Sept. 15 meeting in Cody, Wyo., the Business Council board recommended funding for one BRC application.
The SLIB approved the recommendation, which was an $860,625 Business Committed grant to the city of Cheyenne for pedestrian and streetscape infrastructure improvements allowing for the expansion of Western EcoSystems Technology Inc. The proposed grant funds will be part of a larger project to complete the remodeling and new construction of an existing building owned by Dinco Development LLC.
The Business Council Board of Directors is required by statute to forward all BRC recommendations to the SLIB for final approval. During its Sept. 15 meeting in Cody, Wyo., the Business Council board recommended funding for one BRC application.
The SLIB approved the recommendation, which was an $860,625 Business Committed grant to the city of Cheyenne for pedestrian and streetscape infrastructure improvements allowing for the expansion of Western EcoSystems Technology Inc. The proposed grant funds will be part of a larger project to complete the remodeling and new construction of an existing building owned by Dinco Development LLC.
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