|Program||# of Grants||EDA Funds|
EDA made four awards totaling $382,455 during FY 2012 across the state of Wyoming. These investments support the development and maintenance of Comprehensive Economic Development Strategies (CEDS) that provide a roadmap for long term economic growth and the operations of a university center at the University of Wyoming in Laramie. Collectively, these investments will help position communities in Wyoming to maximize their economic assets and potential.
Investment Spotlight: EDA-Supported University Center Develops Early Stage Tech Companies
Through EDA’s University Center Program, the Wyoming Technology Business Center (WTBC) expanded business incubation and outreach efforts during 2012. Opened in 2006 and located on the campus of the University of Wyoming in Laramie, the 30,000 square-foot facility offers laboratory, office, and shared conference room space for client companies as well as collocation space in a state-of-the-art data center.
The WTBC focuses on developing early stage, technology-based companies, with an emphasis on high-growth firms. All client companies located in the incubator have access to one-on-one business counseling and executive coaching services provided by the WTBC staff. Statewide networking opportunities are available through an educational networking group called e2e Wyoming. The program is designed to help client companies grow larger and faster than they would otherwise, and to increase the ability of the entrepreneurs to grow and manage their own businesses.