Wyoming Business Relief program issues first grant payments, application period remains open

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CHEYENNE, WYOMING (June 11, 2020) – Governor Mark Gordon announced the first grant payments to Wyoming small business owners who applied for COVID-19 mitigation assistance have been issued.

 

The payments are posted on the WyOpen.gov website, created by State Auditor Kristi Racines, to provide the public with easy access to the State of Wyoming expenditures.

“I’m glad to report that the State has begun issuing these payments,” Gordon said. “I want to thank both the Wyoming Business Council for their expeditious work in standing up this program, and the Auditor for her support of our desire for transparency.”

Eight businesses have received nearly $150,000 in grant payments to date. An additional $2,661,158 in payments have been approved.

The Business Interruption Stipend is a $50 million program created by the Wyoming Legislature and funded by the federal CARES Act. It is designed to provide grants up to $50,000 for eligible businesses with up to 50 employees, and headquartered in, or operating principally in Wyoming.

 

 

Wyoming businesses can still apply for grants through the program. For more information regarding eligibility, or to apply, visit wyobizrelief.org.

The Wyoming Business Council is creating rules and administering the three Wyoming Business Relief programs developed by the Legislature during its special session that took place on May 15 and 16. A grant program for businesses with 100 or fewer employees, as well as a reimbursement program for coronavirus-related health and safety expenses incurred by businesses of all sizes, are expected to launch in early July. Eligible businesses will be allowed to apply for more than one grant program.

“The Business Council is proud to execute the grant programs, and is grateful to the Secretary of State’s and Auditor’s Offices for their assistance in creating a secure application and smooth payment processes in a short amount of time,” Wyoming Business Council CEO Josh Dorrell said.