Business relief program ends after doling out over $82 million to Wyoming businesses
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Relief program provides $82M; more than half of applicants left empty-handed
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(Wyoming) – The Wyoming Business Council announced today that all CARES Act dollars allocated to the Endurance Fund have been fully expended, dedicated to paying applications from entities that did not previously receive COVID-19 Business Relief Program (BRP) awards. Â
Atotal of 981 Wyoming businesses and nonprofits were paid $82.8 million from the Endurance Fund.The remaining applications in the queue are not able to be funded, and applicants have been notified via email.
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The Endurance Fund opened on Nov. 2 with $24 million allocated in unspent dollars from previous funds administered by the Business Council (Interruption, Relief, and Mitigation). The application period closed on Nov. 18 with 2,197 eligible businesses and nonprofits submitting applications for $215.7 million in requests.
The Wyoming Business Council announced today that all CARES Act dollars allocated to the Endurance Fund have been fully expended, dedicated to paying applications from entities that did not previously receive COVID-19 Business Relief Program (BRP) awards.
A total of 981 Wyoming businesses and nonprofits were paid $82.8 million from the Endurance Fund. Remaining applications in the queue are not able to be funded, and applicants have been notified via email.
The Endurance Fund opened on Nov. 2 with $24 million allocated in unspent dollars from previous funds administered by the Business Council (Interruption, Relief, and Mitigation). The application period closed on Nov. 18 with 2,197 eligible businesses and nonprofits submitting applications for $215.7 million in requests.