Wyo. Code R. 085-0022-3
Effective Date: 02/27/2026 to Current
Rule Type: Current Rules & Regulations
Reference Number: 085.0022.3.02272026
Section 1. Authority. Rulemaking for this program is the responsibility of the Wyoming Business Council as authorized by W.S. 9-12-104(a)(iv) and W.S. 9-12-601.
(a) The maximum grant amount for a Managed Data Center Cost Reduction project is two million two hundred fifty thousand ($2,250,000). The grant amount shall be determined by the committed business's match amount.
(b) The grant shall require a minimum private investment match that is at least one hundred twenty-five percent (125%) greater than the 'Managed Data Center Cost Reduction' grant. No less than fifty percent (50%) of the match shall be calculated by the Gross Wages of those employees earning one hundred fifty percent (150%) of the median wage for all occupations in all industries within the county in which the project will take place and are at the state industry average wage. No more than fifty percent (50%) of the match shall be calculated by the private capital investments in taxable items. The following table shows three (3) examples of grant amounts and the required match. The match can be realized up to five (5) years.
| Total Grant Amount | Percent of Minimum Consideration | Minimum Required Match (Realized over 5 years) | Minimum Percent of Required Consideration Comprised of Wages (100% of which are 150% of the County Median) | Minimum Required Wages (100% of which are 150% above County Median) | Maximum Private Capital Investment in Taxable Items Allowable as Consideration |
|---|---|---|---|---|---|
| $ 2,250,000 | 125% | $ 2,812,500 | 50% | $ 1,406,250 | $ 1,406,250 |
| $ 1,500,000 | 125% | $ 1,875,000 | 50% | $ 937,500 | $ 937,500 |
| $ 750,000 | 125% | $ 937,500 | 50% | $ 468,750 | $ 468,750 |
(a) Grants for Managed Data Center Cost Reduction projects may be used for the reduction of the costs of electrical power, broadband or both for Managed Data Centers.
(b) The employees and those employees' gross wages, as defined in Chapter 1, Section 3, must be created positions.
(a) Managed Data Center Cost Reduction projects are subject to all requirements listed in Chapter 1, Section 14 and the following:
(i) Funds shall only be disbursed for committed businesses that are in operation in the jurisdiction of the Applicant. Funds may be disbursed over five (5) years if the committed business achieves the match requirement. Annual grant disbursements may total no more than one-third (1/3) the total amount in addition to the unused balance available from previous grant years.
(ii) If the Council staff determines that a committed business participating in a Managed Data Center Cost Reduction project does not begin or ceases operating within one (1) year from the time the grant is approved, the grant will automatically expire. Based on information supplied by the award recipient, Council staff may grant an extension of time in which the committed business must start operations.
(iii) If the Council staff determines that five (5) years has elapsed since the commencement of operations of a committed business participating in a Managed Data Center Cost Reduction project and the match requirement has not been met, then the full or partial amount of grant awarded to the Applicant may revert to the BRC account.
(a) Each Applicant under this Chapter shall follow the application requirements in Chapter 1.
(b) In addition to other requirements listed for a development agreement in Chapter 1, the following shall be included:
(i) A written agreement that the business will repay all grant funds expended at a reasonable rate of return as negotiated with the Applicant and approved by the Council if the business relocates from the political subdivision within five (5) years from first receiving funds;
(ii) A written agreement that the business will repay all grant funds expended at a reasonable rate of return as negotiated with the Applicant and approved by the Council if the business does not meet its match requirements within five (5) years from first receiving funds;
(iii) An understanding of the required match and job creation requirements;
(iv) The terms of the fund disbursements and a statement of which utility costs will be reduced using the grant funds and in what amount;
(v) A written timeline for the business to become operational and a signed commitment to meet the milestones within that timeline;
(vi) A written offer by the business and an acceptance or rejection by the Applicant to provide a stated amount of information technology storage services to the Applicant at a price discounted from the fair market value of the services; and
(vii) If applicable, a signed lease agreement or memorandum committing the Applicant and business to follow the terms of lease agreement.
(c) Council staff shall utilize a scoring matrix to evaluate an application.
(d) At the Applicant’s expense, Council staff may request a disinterested third party review the Applicant’s business plan or examine other aspects of an application made under this Chapter. Selection of the disinterested third party is at the sole discretion of Council staff.