{"id":1636,"date":"2022-02-04T04:50:20","date_gmt":"2022-02-04T04:50:20","guid":{"rendered":"https:\/\/www.mysetaside.com\/newsevents\/?p=1636"},"modified":"2022-02-04T04:50:22","modified_gmt":"2022-02-04T04:50:22","slug":"sba-wyoming-district-office-newsletter-feb-2022","status":"publish","type":"post","link":"https:\/\/www.mysetaside.com\/news-and-events\/sba-wyoming-district-office-newsletter-feb-2022\/","title":{"rendered":"SBA Wyoming District Office Newsletter \u2013 Feb. 2022"},"content":{"rendered":"\n
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\nWyoming District Office  <\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/td>\n<\/tr>\n

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\nThe Community Navigator Pilot Program will help Wyoming small businesses access critical resources<\/h1>\n\n\n\n\n
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\nBy: SBA Wyoming District Director Amy Lea<\/em><\/p>\n

\nThe U.S. Small Business Administration (SBA) recently awarded the Wyoming Small Business Development Center (SBDC) Network with a $2.5 million grant that will be used to implement the SBA\u2019s Community Navigator Pilot Program (CNPP) in our state. This new program\n will help ensure Wyoming\u2019s underserved small businesses, such as veteran-owned, women-owned, minority-owned, and rural business concerns receive the support they need to build resilience and emerge stronger in light of the COVID-19 pandemic.<\/p>\n

\nThe CNPP, an American Rescue Plan initiative, functions on a \u201chub and spoke model.\u201d The Wyoming SBDC Network, which receives funding from the SBA and the Wyoming Business Council, and is hosted by the University of Wyoming, serves as the centralized \u201chub\u201d for\n the program and incorporates \u201cspokes,\u201d which are organizations that have built trust in their communities and act as \u201cboots on the ground.\u201d These spokes are tasked with connecting small businesses to resources such as financial assistance, access to capital,\n government contracting, marketing, exporting and more.<\/p>\n

\nWyoming has faced historic, unprecedented challenges over the last two years, and the CNPP will also help small business owners find trusted advisors ready to assist with Paycheck Protection Program (PPP) forgiveness applications, cash flow planning to aid\n in the repayment of emergency loans and adapting business plans to meet new challenges.<\/p>\n

\nEconomic diversification can\u2019t happen without diversity of ideas, diversity of business owners, and diversity of entrepreneurial activity. This program provides a unique opportunity to not only assist the amazing members of these underrepresented communities,\n but also help them drive Wyoming\u2019s economic growth through the 21st century.<\/p>\n

\n\u201cWe\u2019re excited to see this program roll out over the next two years, and we know it will help Wyoming\u2019s small businesses access the tools and resources they\u2019ll need to start, grow, expand and recover,\u201d said SBA Wyoming District Office Director Amy Lea. \u201cThe\n Wyoming SBDC Network has always been a valued SBA partner, and I\u2019m confident they \u2013 and Wyoming\u2019s \u201cspokes\u201d \u2013 will do a fantastic job of carrying out the intent of this program and assisting the businesses who need it most.\u201d<\/p>\n

\nWyoming\u2019s \u201cspokes\u201d include Wyoming Library to Business, The Local Crowd, University of Wyoming Extension, Wind River Development Fund, Wyoming Smart Capital Network and the Wyoming Women\u2019s Business Center. These organizations have an excellent track record\n of providing critical small business assistance across the state and, by connecting them for the CNPP, Wyoming\u2019s entrepreneurs will be able to access an incredibly robust support system.<\/p>\n

\nMore information about the CNPP can be found at \nsba.gov\/navigators<\/a>. To learn more about how the program will be implemented in Wyoming, please visit\n\nwyomingcommunitynavigator.org<\/a>.<\/p>\n

\n(Amy Lea serves as the SBA\u2019s Wyoming District Director based in Casper. She oversees the agency\u2019s programs and services across the state)<\/em><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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\nAdditional Headlines<\/h1>\n\n\n\n
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\nWyoming PTAC to Host Annual Contracting Conference March 8-10<\/strong><\/h2>\n

\nFederal, state, and local governments spend millions of dollars every year to purchase products and services from small businesses in Wyoming. In federal fiscal year 2021, the federal government spent $350,375,458 on projects in Wyoming*.  Of this, $83,810,640\n was awarded to Wyoming businesses.  Unfortunately, many entrepreneurs aren\u2019t taking advantage of this potential market, which is constantly on the lookout for food, clothing, construction services and more. The government also routinely purchases items and\n services related to COVID-19.<\/p>\n

\nThe 2022 GRO-Biz Conference is the best chance for Wyoming small businesses to learn everything they need to know about government contracting.  This year’s virtual conference will deliver a robust offering of matchmaking, networking, and learning opportunities\n for Wyoming\u2019s entrepreneurs.<\/p>\n

\nWhether a business is new to the idea of selling their goods or services to the government or they\u2019ve been working in contracting for years, here\u2019s a quick look at the benefits of GRO-Biz:<\/p>\n