Wyoming Business Council

Last week, Gov. Mark Gordon gave variances to most counties allowing them to lift restrictions on some businesses, and officials said he'll lift more by the end of the week. But Wyoming Business Council CEO Josh Dorrell said it could take a while for the state's economy to truly get back on its feet, not just because customers are wary but because business owners will be trying to figure out how best to safely reopen.

The Wyoming Business Council has released a new report summarizing the status of the state's beef industry.

This fall, the Wyoming Business Council hosted community review meetings in Cody. The goal was to target what residents wanted to improve in the community.

The Wyoming Business Council (WBC) has released its annual benchmark report. This year's report shows that through two of the Wyoming Business Council's grant programs, Kickstart and Small Business Innovative Research (SBIR), start-ups created 30 jobs and received $4.65 million in follow-up investments.

This week, Cody residents participated in a community review. Within two days, more than 200 people gathered at different listening sessions to offer feedback about specific issues, including outdoor recreation, healthcare and local politics. At the listening sessions, the audience were asked three questions: what are the strengths, opportunities and aspirations for Cody.

The Wyoming Council For Women announced the winner of its second annual Woman Entrepreneur Award.

A new publicly generated map hopes to provide better data on internet speed in the state. The Wyoming Business Council and the University of Wyoming GIS department partnered up to create a tool that is more detailed than the federal data collected in the state.

The Wyoming Business Council is offering grants to communities to build vertical gardens.

The Advanced Carbon Products Innovation Center (ACPIC) was expected to finish construction north of Gillette at the Fort Union Industrial Complex by spring of 2019. Now, the coordinators of the project have requested a delay from the Wyoming Business Council.

The Wyoming Business Council has released a toolkit to help communities address housing needs in the state. The toolkit shows what types of housing communities should be investing in, in terms of variables like size and affordability.

There will soon be a Wyoming Pacific Asia office based in Taiwan. The Wyoming Business Council (WBC) has entered into a 22-month contract with a Taiwanese representative to help create business relationships between the state and country.

A large federal investment is coming to Wyoming as Congress is investing $90 billion in modernizing Intercontinental Ballistic Missile weapon systems (ICBMs). ICBMs are stored at three locations across the United States, including F.E. Warren Air Force Base in Cheyenne.

A foreign trade zone, or FTZ, near the Casper International Airport will be expanded to cover most of Natrona County.

The Wyoming Broadband Advisory Council meets for the first time next week. The Wyoming Legislature created the council during the 2018 session as a part of an effort to increase access to high-speed internet in unserved areas of the state.

Wyoming Governor Matt Mead has agreed to provide a $5 million loan to a private group to keep Laramie’s WyoTech open. The previous owners had planned to close the automotive college. During the 2018 budget session the state legislature supported efforts to keep the school open.

The U.S. Environmental Protection Agency is helping Wyoming clean up contaminated areas for future redevelopment. Three state and local organizations will split $1.4 million. Wyoming is among 144 grantees in the competitive national process. The EPA gave out over $54 million in total.

The Wyoming Department of Environmental Quality, the City of Douglas, and the Wyoming Business Council will receive the funds. The DEQ and the Business Council are partnering to combine their grants and create a revolving loan for clean-up available to any Wyoming community. 

Each year, Wyoming is given Federal Housing and Urban Development funds to pay for various services and infrastructure improvements across the state. The Wyoming Business Council is surveying the public to help decide how to spend $3 million over the next five years.

Federal Housing and Urban Development dollars can be used towards building affordable housing, fixing streets and sewers, as well as public services like childcare, transportation, and mental health. 

In Wyoming’s coal-rich Powder River Basin, the city of Sheridan is exploring how renewable sources of energy might fit into its future. The local government applied for a $44,000 research grant that the Wyoming Business Council approved earlier this month.

Now their proposal will go before the governor’s State Land and Investment Board for final approval. The town’s leaders have been looking into wind, solar, and hydropower development since the 1990s, and a recent economic study found that a lack of renewable development in Sheridan could be a deal-breaker for tech companies.

Last year, the Wyoming legislature created a task force to make the state’s communities more attractive to bicyclists and pedestrians. That group will host a phone meeting Monday morning to discuss the value of these modes of transportation, as well as the projects and policy changes that would make them more workable.

Task Force Chairman Tim Young says it’s all part of a report they’ll submit to the legislature in October.

Wyoming communities are encouraging holiday shoppers to forego Black Friday and visit their local downtowns on Small Business Saturday instead. American Express initiated Small Business Saturday seven years ago to promote shopping locally during the holiday season rather than buying gifts online. Wyoming Business Council member Tom Dixon said small businesses are part of what makes Wyoming special.

Wyoming farmer’s markets aren’t just good for community spirit--they’re also making the state money. That’s according to a new survey by the Wyoming Business Council. 

Agribusiness Manager Cindy Garretson-Weibel says the number of farmers markets has been increasing for several years with 49 now in Wyoming. Weibel says some of them are held twice a week, adding up to significant income.

Last week, Sheridan County commissioners approved an amendment to planning and zoning rules that will give local farmers an edge on more direct sales to their customers. It will now be easier for them to put up farm stands and greenhouses on their property, as well as sell jams, salsas and other products made from their produce. Such activities either weren't allowed or required special permits in the past. Director Bill Benzel with Powder River Resource Council worked on the amendment.

Green River will return $1 million it got from the state to renovate its historic Union Pacific train depot.

The community received a $1 million grant through the Wyoming Business Council, but those funds were contingent upon the city raising the other $2 million needed to complete the project.

The Business Council denied a two-year extension to come up with the funds. Green River City Councilwoman Lisa Mays says they had little choice but to give the money back.

According to a recent analysis by the U.S. Energy Information Administration, mining occupied approximately 35 percent of Wyoming’s GDP in 2013, up from around 29 percent in 2003. That makes Wyoming the most mining-dependent state in the country.

The increase comes despite calls from the Wyoming Business Council to diversify the state’s industries.

Wyoming Principal Economist Jim Robinson said that after concentrating on energy for so long, growth in areas outside energy is slow.

A Wyoming program that incentivizes businesses’ use of green energy has won a national innovation award.

The Wyoming Renewable Energy Credit program was named the 2014 Economic Development Award Recipient by Business Facilities Magazine, a national publication on business expansion.

The initiative is a partnership between the Powder River Energy Corporation and the Wyoming Business Council. It offers a discount on energy costs for Wyoming businesses interested in using green power.