WSCN brings exciting new financing resources to Wyoming businesses.

In the fall of 2010 Congress passed the Small Business Jobs Act, a $42 Billion program which allocated $1.5 billion for states and cities to establish Small Business Initiative programs. Seventeen Wyoming municipalities formed a coalition to submit an application to the United State Treasury to bring these funds into their communities for local businesses. The result was the formation of Wyoming Smart Capital Network, LLC, a company contracted to implement the program.

The WSCN program consists of two financial tools:

  1. The Collateral Support Program provides guarantees to local banks to make qualifying loans to small companies.
  2. Wyoming Smart Capital Fund will support local business development by investing in Wyoming-based early stage and growing companies.

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