Small Business Grants in Wyoming (WY)
Securing a small business grant in Wyoming involves identifying potential grants, understanding the eligibility criteria, and presenting a compelling business proposition. Here are some of the most relevant opportunities and steps to secure them:
Wyoming Business Council Grants
The Wyoming Business Council (WBC) offers various grant programs to support small businesses in the state. While the WBC is not statutorily able to loan or grant state funds directly to businesses, there are exceptions available for very specific situations. You should reach out to the WBC for more information on these opportunities.
Business Training Grants
The Wyoming Department of Workforce Services offers Business Training Grants to correct an employee’s skill deficiency or upgrade their skill level in their current occupations. To apply, ensure your business is registered as a vendor with the Wyoming State Auditor’s Office. Create an account with the Workforce Development Training Fund and build your application. Applications are prioritized based on preferred industries as determined by the Wyoming Workforce.
Amber Grants for Women
The Amber Grants for Women program awards a $10,000 grant three times each month to businesswomen from Wyoming (and all around America). If you win any monthly Amber Grant, you become automatically eligible to win the year-end $25,000 Amber Grant. To apply, answer two questions about your business.
Wyoming Small Business Development Center Network
The Wyoming Small Business Development Center Network offers the SBIR and STTR programs to help Wyoming entrepreneurs and small business owners research, develop, and commercialize their innovations. Depending on where you are in this process, you could receive $100,000 to $1 million in funding.
Startup: Wyoming
To leverage regional successes, Startup: Wyoming is sponsoring startup challenges around the state. Eligibility requirements for sponsorship include local fundraising, providing an itemized list for use of sponsorship monies, and demonstrating need. Sponsorship money can be used for programming of the startup challenge; event planning, marketing, and coaching sessions.
Wyoming Funded Small Business Grants
Wyoming funded small business grants offer several programs to support small businesses. These grants may be specific to certain industries, regions, or business stages. Examples of state-funded small business grants in Wyoming include the Wyoming Business Council Grants.
The competition for these funds is intense. Understanding the intricacies of the application process, meeting the specific requirements, and presenting a compelling business proposition are key elements that can set your application apart.