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WY

Wyoming Challenge Loan Program

The Challenge Loan Program provides business financing through local economic development organizations for projects that create or retain jobs.

About this program

The Wyoming Challenge Loan Program is a Wyoming Business Council financing tool that supports businesses through local economic development organizations. Loans can help fund eligible business expansion, startup, equipment, and working capital needs while supporting job creation, job retention, and local economic development. The program typically involves local sponsorship and review before state approval.

Eligibility

Wyoming businesses with eligible projects sponsored or supported by a local economic development organization.

Requirements

  • Business project must be located in Wyoming.
  • Applicant must work with an eligible local economic development organization.
  • Funds must be used for eligible business purposes.