The Wyoming State Loan and Investment Board (SLIB) approved over $6 million in Business Ready Community (BRC) and Community Facilities Program (CFP) grants 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 Community Facilities Program assists communities in preserving former school and government surplus facilities that have existing or future community uses.
The Business Council Board of Directors is required by statute to forward all BRC and CFP recommendations to the SLIB for final approval. During its March 15 meeting in Douglas, Wyo., the Business Council board recommended funding for two BRC Business Committed applications totaling $7,531,424 and four Community Facilities program applications totaling $3,614,950 leaving $30,886,481 available for this biennium. A BRC Managed Data Center Cost Reduction grant of $5 million requested by Laramie County was approved at a special SLIB meeting in March.
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 Community Facilities Program assists communities in preserving former school and government surplus facilities that have existing or future community uses.
The Business Council Board of Directors is required by statute to forward all BRC and CFP recommendations to the SLIB for final approval. During its March 15 meeting in Douglas, Wyo., the Business Council board recommended funding for two BRC Business Committed applications totaling $7,531,424 and four Community Facilities program applications totaling $3,614,950 leaving $30,886,481 available for this biennium. A BRC Managed Data Center Cost Reduction grant of $5 million requested by Laramie County was approved at a special SLIB meeting in March.
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