# Wyoming Business Council

Wyoming Business Council is an other based in Cheyenne, United States.

## Overview

- **Organization type:** other
- **Headquarters:** Cheyenne, United States
- **Region:** North America
- **Address:** Cheyenne, WY, United States
- **Founded:** 1998
- **Assets under management:** Undisclosed
- **Website:** wyomingbusiness.org
- **LinkedIn:** https://www.linkedin.com/company/wyoming-business-council

## Regulatory record

- **Reports private funds:** No

## About

Wyoming Business Council is based in Cheyenne, Wyoming. It offers services such as startup resources, market expansion support, export assistance, and financing options including loans, equity, and grants. The organization serves the business community with a focus on economic development in Wyoming.

## Sectors

- Energy Transition & Renewables
- Industrial Tech
- AgriTech & FoodTech
- Mobility & Transportation

## Offices

- Casper, WY
- Sheridan, WY
- Rock Springs, WY

## People

- Josh Dorrell — CEO

## Questions

### Is the Wyoming Business Council a venture fund or a grant-making agency?

It is both. The Council administers the Business Ready Community grant program for infrastructure and real-estate projects, while simultaneously operating as the conduit for the federally funded Wyoming Venture Capital Fund, which commits capital to approved private fund managers. The legislative prohibition on direct equity investments means it always works through intermediaries for venture capital deployment.

### How does the Council source the startups it ultimately backs?

Deal flow originates from regional directors embedded in five regional offices, the University of Wyoming's technology-transfer office, the federally funded Wyoming SBDC Network, and the Integrated Test Center at the Dry Fork Station. Private fund managers receiving state allocations must source and diligence their own pipeline, but the Council can refer Wyoming-based companies to these managers.

### Who controls the investment decisions at the Wyoming Business Council?

The Council's Board of Directors, appointed by the Governor, approves all Business Ready Community grants and the selection of private fund managers authorized to receive state allocations. Day-to-day execution is delegated to the CEO and investment staff, but large commitments require public board votes subject to Wyoming's open-meetings law.

### What happens to returns generated by Council-backed venture funds?

Returns from direct grant programs are not structured for financial return. For venture allocations, the state participates as a limited partner under standard fund agreements, with investment returns flowing back to the state treasury for potential reallocation by the legislature.

## Related profiles

- [Foodtastic](https://altss.com/profile/foodtastic-inc)

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Last updated: 2026-06-03T20:00:00.000Z

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