More than $500 million in federal funding helped Wyoming businesses in 2020
In the past nine months, the Wyoming Business Council has infused almost $513 million into the stateâs economy, helping businesses and nonprofits weather the challenges brought on by the COVID-19 pandemic.
Advertisement
In March 2020, the U.S. Congress allocated the State of Wyoming $1.25 billion as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
During a Special Session in May, the Wyoming Legislature passed three bills to guide how that money was to be spent, initially earmarking $325 million for business and nonprofit relief through the COVID-19 Business Relief Program (BRP), which the Business Council administered.
In the past nine months, the Wyoming Business Council has infused almost $513 million into the state’s economy, helping businesses and nonprofits weather the challenges brought on by the COVID-19 pandemic.
In March 2020, the U.S. Congress allocated the State of Wyoming $1.25 billion as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. During a Special Session in May, the Wyoming Legislature passed three bills to guide how that money was to be spent, initially earmarking $325 million for business and nonprofit relief through the COVID-19 Business Relief Program (BRP), which the Business Council administered.
“Thanks to Governor Gordon, the Wyoming Legislature, and our partners, we were able to place relief funding directly into the hands of businesses and nonprofits, keeping doors open and more folks employed,” said Business Council CEO Josh Dorrell. “Combining the relief funding with some of the country’s most business-friendly health orders allows W
Silver Star Communications is announcing the end of its 2020 construction season for the CARES Act funded Fiberhood as awarded by the Idaho Department of Commerce to the City of Driggs back in August.
Using its own employees and several construction companies from other states, Silver Star has put over 150,000 feet of conduit and fiber into the ground over the past few months. The fiber main cable now passes 690 locations, 368 of which previously had speeds under 25 MB/3 MB. âAs a result of this project, the citizens and businesses of Driggs now have access to world-class internet speeds. This has been a hard year for our community, but brighter days are ahead including the opportunities that come with fiber-optic internet,â said Driggs Mayor Hyrum Johnson.