WBC Board to Consider SEEDA Funding Request

SEEDA Administrator Robert Briggs (Photo Ron Richter ©)
SEEDA Administrator Robert Briggs (Photo Ron Richter ©)

The Wyoming Business Council Board of Directors will be considering two Business Ready Community funding requests at their meeting Thursday, December 5 in Cheyenne.

One of the requests is from the Sheridan Economic and Educational Development Authority, who are requesting a $1,094,785 grant and $275,000 loan to allow for completion of Vacutech's expansion project in the High Tech Business Park in north Sheridan.

The Business Council board is required by statute to forward BRC grant and loan recommendations to the State Loan and Investment Board for final approval. The SLIB is comprised of the five statewide elected officials: the governor, secretary of state, state auditor, state treasurer and state superintendent of public instruction. The SLIB will make final decisions on BRC project requests at a meeting scheduled for January 16.

SheridanWyoming.com

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