Wyoming Business Council approves rules for CARES-funded business relief program - Casper, WY Oil City News
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Wyoming Business Council approves rules for CARES-funded business relief program

Wyoming Business Council approves rules for Business Interruption Stipend program (Dan Cepeda)

CASPER, Wyo — The Wyoming Business Council (WBC) Board of Directors has adopted the emergency rules created by the WBC for the first of three Wyoming Business Relief programs, according to a release from the WBC.

The rules now go to the Wyoming Attorney General and Governor Mark Gordon for final approval.

The first program, the Wyoming Business Interruption Stipend, is for businesses that:

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  • are for-profit, including sole proprietors
  • are headquartered or primarily operate in Wyoming
  • employ 50 or fewer full-time employees
  • were established on or before the enactment of any applicable public health orders
  • can show losses caused by government-mandated public health orders

“Businesses that have not received federal funding and businesses who were required to close will be prioritized,” said the WBC.

It is expected Wyoming small business owners can begin applying sometime next week for the Wyoming Business Interruption Stipend, according to the release. Business owners are encouraged to have their W-9 form handy to expedite the grant application process.

In creating the rules for the Business Interruption Stipend program, Business Council CEO Josh Dorrell said, “Everyone in Wyoming thrives when our small businesses thrive, and right now they are fighting to rise to the unprecedented challenges that COVID-19 has presented. That’s why we wanted to focus on businesses first.”

“We also didn’t want to muddy the waters and make it difficult for applicants to understand the rules and make it difficult to implement the program,” Dorrell said.

The Business Council will hold a series of Business Interruption Stipend program webinars for small business owners next week to explain the application process and answer questions. 

The other two relief grant programs are expected to launch in early July, and will be preceded by informational webinar opportunities.

Subscribe to the Business Council’s news releases for updates on webinars and program launches. The Wyoming Business Relief programs were created by the Wyoming Legislature and are funded by federal CARES Act money to mitigate financial losses caused by public health orders in reaction to the novel coronavirus pandemic, said the WBC release.

“We are committed to distributing this money to small business owners quickly through a simple, secure process,” Dorrell said. “We are proud to offer a helping hand to Wyoming’s business owners when they need it most.”

Visit here to register for one of next week’s webinars, view the rules in draft form, find our program FAQ and more information