Wyo. board approves economic development grants

Wyoming Loan and Investment Board approves more than $8 million in business ready grants

CHEYENNE, Wyo. (AP) -- The Wyoming State Loan and Investment Board has approved about $8 million in grants to help communities around the state with economic development and community projects.

The board on Thursday approved $4 million in Business Ready Community grant requests and $4.4 million in Community Facility Program grants.

The largest grant awarded was $2.25 million to Laramie County to help expand a data center. It also approved $1.5 million to improve a 12-mile road in Sweetwater County that leads to a planned uranium mine.

The State Loan and Investment Board is made up of the five statewide elected officials: Gov. Matt Mead, Secretary of State Max Maxfield, State Treasurer Mark Gordon, State Auditor Cynthia Cloud, and State Superintendent of Public Instruction Cindy Hill.