Branding, barbed wire and blockchain


The State of Wyoming's Economic Development Agency   l   June 5, 2018

Branding, barbed wire and blockchain


DEVILS TOWER, Wyoming - Barbed wire fences cut across the grassy prairie of Campstool Ranch, stretching out under the watchful gaze of Devils Tower National Monument near Hulett, Wyoming. 

It’s branding day, and the cowboys and cowgirls here have kicked their spurs, lassoed their ropes
and herded their cows and calves into a corner for vaccinations, branding, castration and ear
tagging – the same way they have since the 1800s on this land. 

Today, in addition to the same hot-iron “DD” brand that generations of cows before them have
received, these calves will come away with an extra piece of ear jewelry: a computerized
blockchain tag that could revolutionize how ranchers keep records. 

High-Tech Meets Heritage 

“Branding and barbed wire are the original provenance tracking system for agriculture,” said Rob Jennings, an advisor to the Wyoming Blockchain Coalition. “This is high-tech meets heritage.” 

To an outsider, it appears not much has changed here on the Campstool Ranch since 1878 when Wyoming Sen. Ogden Driskill’s ancestors settled it.  



Opp zone

Wyoming names 25 opportunity zones for investors to defer taxes, lift neighborhoods

The 2017 Tax Cuts and Jobs Act created the opportunity zone program, which allowed states to designate qualified low-income areas as opportunity zones. Governor Mead nominated 25 zones in Wyoming in April and all 25 have since been certified by the U.S. Department of Treasury.

Opportunity zones allow any taxpayer to defer capital gains taxes by investing their gains in property or businesses within an opportunity zone. The goal is to create new jobs and wealth by encouraging investments. // READ STORY


Gov. Mead authorizes $5 million loan to keep WyoTech open

Gov. Matt Mead authorized a loan Monday of up to $5 million to DBJJDM Enterprises for the operation of WyoTech Institute in Laramie. 

"The community of Laramie, state legislators, education leaders and others worked with my office to evaluate all options to keep WyoTech operating in our state," said Wyoming Governor Matt Mead. “The Wyoming Business Council reviewed DBJJDM’s business plan and financial documents. After reviewing the information and recommendation from the Business Council, I accepted the recommendation for a $5 million loan to DBJJDM to operate the WyoTech Institute in Laramie. I appreciate the hard work to keep WyoTech open and providing excellent educational opportunities.” // READ STORY


Business Council board recommends two projects

The Wyoming Business Council Board of Directors recommended  two Business Ready Community (BRC) grant requests during its May 24 quarterly meeting in Gillette. 

The Business Council board also accepted a staff proposal to adjust its allocation plan to create more emphasis on community development infrastructure projects in its Business Ready Communities grant and loan program. // READ STORY


June 13
SBIR Proposal Day

June 14
Turn a part time business into a lucrative side hustle Webinar

June 21
State Loan and Investment Board Meeting

June 21
Profit Mastery

June 21
Start your own business 

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Epsilon Technology Corp. enjoys success in Jackson, Wyoming

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@govmattmead speaks to a group of excited residents at the opening of the Lander Visitors Center and Chamber of Commerce Complex. The beautiful new 3,400 sq. ft. building sits on Main Street in the heart of downtown. The Business Council provided nearly $500,000 for the project.

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