Workforce Training and Loan Programs
Workforce Training Programs
Evanston is familiar with the many workforce training programs available to potential businesses.
- The Wyoming Department of Workforce Services offers employers financial incentives for employee training.
- Wyoming is the first state approved to license Georgia’s Quick Start Program.
- Wyoming community colleges and the Wyoming Business Council are participating to provide training in: (a) Customer Service, (b) Manufacturing, (c) Warehousing and Distribution.
- Wyoming Workforce Services Business Training Grants for Existing Positions can provide up to $2,000 per trainee per fiscal year for established Wyoming businesses with existing employees who need a skill upgrade or retraining in their current occupations.Business Training Grants for New Positions can provide between $1,000 and a maximum of $4,000 per trainee per fiscal year, depending on the employee's full-time status and wage amount. Grants for New Positions were developed to assist Wyoming businesses in two ways: Wyoming Business Expansion and New Business Recruitment. The Pre-Hire Economic Development Grant Program is designed to train skilled workers in a particular business or industry. Applications are completed through a partnering of four entities that contribute separate needs or services to the program. The WDTF is administered by the Wyoming Department of Workforce Services, application forms are available at: www.wyomingworkforce.org.
Wyoming Business Council Loan Programs
The Wyoming Business Council also provides loan programs for business:
- Business Ready Community Grant & Loan Program
This program finances publicly owned infrastructure.
- Eligible Grant and Loan Activities – Infrastructure such as water, sewer, streets, telecommunications, rights-of-way, land, buildings, or amenities within a business park, industrial park, industrial site or business district or other appropriate physical projects in support of primary economic development.
- Eligible Applicants - Cities, towns, counties and joint powers boards are the primary applicants for this program.
- Eligible Types of Projects:
- Business Committed Projects – An infrastructure project where an application has a business committed to expand or locate in the community. Limits: $3m grant to community, $1.5m low-interest loan per project with a 10% total project match. Requires mature Business Plan and financial information. Lease payments required on building.
- Community Readiness Projects – The community wants to build infrastructure to ready itself for new business development under a specific strategy or plan of action. Limits: $1.5m grant to community with a 10% total project match.
- Loan Programs
The Wyoming Business Council also funds the following business loans:
- Wyoming Partnership Bridge Loan – The Business Council can participate with a local lender on a loan to a business. The state’s portion is up to 35% of the project with a maximum of $250,000.00.
- Wyoming Partnership Guaranteed Loan Participation – The Business Council can participate with a lender that has secured a federal guarantee loan (i.e. SBA, USDA, etc.) to guarantee repayment of a loan made to a business. The maximum shall be 50% of the loan, or $500,000, whichever is less.
You can reach the Wyoming Business Council at 307-777-2800 or 800-262-3425