Wyoming Business Council Board of Directors Recommends Two BRC Projects

During their quarterly meeting held Thursday, Dec. 15, the Wyoming Business Council (WBC) Board of Directors, recommended two Business Ready Community (BRC) grant and loan projects for funding.

One project in the City of Cody, deals with a Wyoming Legacy Meats Processing Expansion. The Wyoming Legacy Meats Processing Expansion project was originally recommended at the board’s September meeting. The City of Cody added a loan request, asking for an additional $926,288 loan in conjunction with the already recommended $1 million grant.

According to the WBC, the board unanimously recommended this project for funding.

The second project recommendation involves the Town of Lyman, who requested a $1.5 million Business Committed grant and a $1.5 million loan for the construction of a 16,000-square foot assisted living facility. According to the WBC, when completed, the facility will include 22 apartments, a complete kitchen, and a dining area. The board unanimously recommended this project for funding.

According to a report, the board also heard updates from each of the WBC teams, including an update on the Pathways to Prosperity project and a discussion of the initial Growth Perspective report provided by the Harvard Growth Lab team. Other business taken included the review and approval of contracts with LightBox and CTC Technologies for broadband support and an update and approval of rules for the State Small Business Credit Initiative (SSBCI) program.

A recording of the meeting is available on the Business Council’s YouTube page.