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Wyoming announces $225M in COVID-19 relief for businesses and nonprofits

Wyoming coronavirus cases rise to 15
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Posted at 5:19 PM, Jul 30, 2020
and last updated 2020-08-02 11:30:54-04

Wyoming businesses and nonprofits will soon be seeing more financial relief from the pandemic.

Starting Tuesday, Aug. 4, $225 million of the federal coronavirus relief dollars from the CARES Act will be available in the Cowboy State, Gov. Mark Gordon said in a Thursday news release.

In its Relief Fund, The state has set aside $50 million for businesses and nonprofits required to close by public-health orders and an additional $125 million for COVID-19 related expenses and other losses related to public-health orders, according to Gordon. Businesses that employ up to 100 workers are available for grants of up to $300,000.

Nonprofits are eligible if they have at least one full-time paid employee and spend less than half their time lobbying.

In addition, Wyoming has a Mitigation Fund, which reimburses businesses and nonprofits for employees and customers health and safety expenses from COVID-19. The fund has $50 million available, and grants are limited for up to $500,000.

Applications can be done online at https://www.wyobizrelief.org/ .

The website will have help tools to allow people to submit a solid application as quickly and efficiently as possible.

Gordon said in the news release that this funding is a much-needed lifeline to businesses that have been hurt by COVID-19.

WY Graphic