Business Council Sets Ambitious Goals

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The State of Wyoming's Economic Development Agency   l   February 9, 2016


Business Council sets ambitious goals,
creates plan to achieve them

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The Wyoming Business Council wants to positively impact the state’s gross domestic product over the next decade.

That vision is the driver behind the strategic plan being laid out by Wyoming’s economic development agency.

“Our mission is to increase Wyoming’s prosperity,” said Shawn Reese, chief executive officer of the Business Council. “The GDP, or the total value of goods and services produced in Wyoming, is a good measure of that.”

Wyoming’s gross domestic product grew 32 percent over the last decade.

To grow GDP, the Business Council has built a road map for expanding heavy industry, increasing exports and foreign investment, growing small businesses, creating a technology sector and bolstering quality communities.

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Wyoming plays supporting role 
in motion picture industry

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Animal hides hang behind an antique Bonis Bros. sewing machine used to sew furs at Merlin's Hide Out in Thermopolis. Merlin's Hide Out created eight coats for Kurt Russell's character in 'The Hateful Eight.'


Wyoming was on Hollywood’s mind in 2015.

Stunning panoramas of Grand Teton National Park inspired the backdrop to the adventures of Arlo and his human friend in the animated movie “The Good Dinosaur.”

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The Wyoming Office of Tourism partnered with Disney Pixar and will invest $1.2 million on a media campaign promoting both the film and the state. Tourism officials also spent $100,000 to sponsor the world premiere in November.

Now, a Thermopolis and Casper business are Hollywood-bound for a night of glitz and glamour Feb. 28 at the Academy Awards. Both companies are members of Wyoming First, a Wyoming Business Council program featuring Wyoming-made products.

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Mentoring program aids new
economic developers

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Gov. Matt Mead speaks at the WEDA conference in 2014. More than 100 people are expected to attend this year's conference on Feb. 10-11 at Little America in Cheyenne.


The Wyoming Economic Development Association is starting a new mentoring program. The idea is to educate and train new economic developers while encouraging communication and creating positive working relationships with veterans of the trade.

New business leaders will learn about current trends and challenges that might be affecting their communities, while discovering some of the opportunities available to bolster their local economies.

“Our mentors will share a wealth of knowledge and experience, we will all talk about best practices and theories,” said Jody Shields, principal consultant at Cheyenne consulting firm Align. “This is very economical in terms of training, and we will be able to share resources.” 

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Communities receive $4.142M in grants, loans

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The Wyoming State Loan and Investment Board (SLIB) approved seven Business Ready Community (BRC) grants and one loan request totaling $4,142,394.

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Register now for access to contracting specialists, small business tips

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More than 200 Wyoming entrepreneurs will gather in Gillette on Feb. 17 for the 14th annual GRO-Biz Conference & Idea Expo.

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Statewide tour promotes small biz assistance

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Wyoming small business owners are independent and industrious, but there are a slew of state programs available to help when necessary.

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Calendar

Feb. 10-11
WEDA Conference, Cheyenne

Feb. 16-18
GRO-Biz Conference & Idea Expo, Gillette

Feb. 23
Organic Farming Conference, Cheyenne

March 10
Wyoming Business Council Board Meeting, Torrington

View full calendar


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News

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Casper business center to host entrepreneurship competition

Sheridan man builds tiny chapel for wedding ceremonies


Completed projects

Albin: (CFP)
Community Center Kitchen Upgrade

Gillette: (BRC)
Broadband Study

Powell: (BRC)
Homestead Industrial Park

Salt Creek: (CFP)
Community Recreation Center

View project profiles


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Wyoming FFA officers met with members of the Wyoming Business Council to talk about why #AgistheAnswer

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The Wyoming Business Council was the top performer in the Wyoming Press Association's 2015 Associates Group Awards contest when results were announced in Casper.

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