New Grant Assists Small Businesses and Displaced Workers in Wyoming’s Energy Sector

The Wyoming Small Business Development Center (SBDC) Network recently received a Portable Assistance Grant from the U.S. Small Business Administration (SBA) to provide technical and advising assistance to Wyoming small businesses affected by the economic downturn in the energy industry. Portable Assistance Grants are provided by the SBA to target negative economic events in specific business segments or geographical areas.

If your small business has been negatively affected by economic factors in the energy industry or you are a displaced energy worker interested in learning about small business ownership, contact your local Wyoming SBDC Network by clicking here to learn about business advising and training opportunities.

“Although the grant is modest and does not provide direct financial assistance to small businesses, it does allow us to increase training and advising opportunities for businesses and workers affected by the downturn in the energy industry,” Wyoming SBDC Network State Director Jill Kline said. “The focus of our grant activities is to help negatively affected businesses strengthen their operations or pivot into other areas. We would also love to work with displaced workers interested in applying their skills as small business owners. The ultimate goal is to contribute to a stronger, more diversified Wyoming economy.”

All advising and training opportunities presented through grant activities are no-cost and all one-on-one advising is completely confidential — as are all interactions with the Wyoming SBDC Network.

To explore strategies for businesses in Wyoming’s energy sector and provide input about what types of services are needed in our state, register for this upcoming virtual town hall on September 29:
Wyoming Energy Sector Economic Impact Town Hall.