Accessing Solar Energy Solutions in Rural Wyoming
GrantID: 14959
Grant Funding Amount Low: $250,000
Deadline: Ongoing
Grant Amount High: $550,000
Summary
Explore related grant categories to find additional funding opportunities aligned with this program:
Awards grants, Education grants, Higher Education grants, Non-Profit Support Services grants, Research & Evaluation grants, Science, Technology Research & Development grants.
Grant Overview
Priority Outcomes for Wyoming's Translational Research and Technology Development Grants
The Wyoming Translational Research and Technology Development Grants aim to accelerate the translation of basic research results into marketable innovations. To achieve this goal, the Banking Institution has identified key priority outcomes that will drive the success of the grant program in Wyoming. These outcomes are closely tied to the state's unique strengths and challenges.
Fostering Innovation in Wyoming's Frontier Economy
Wyoming's vast rural landscape and limited infrastructure present both opportunities and challenges for innovation. The state's frontier economy is characterized by a strong presence of natural resource extraction industries, including coal, oil, and gas. To support the growth of new technologies and industries, the grant program will prioritize projects that leverage Wyoming's existing expertise in energy production and transmission. For example, the Wyoming Business Council has identified opportunities for innovation in advanced energy technologies, including carbon capture and storage, and Wyoming is well-positioned to capitalize on these trends. The University of Wyoming's Energy Resources Council is a key partner in this effort, providing expertise and resources to support the development of new energy technologies.
Supporting Small Business Growth and Job Creation in Wyoming
Small businesses are a critical component of Wyoming's economy, and the grant program will prioritize projects that support the growth and development of small businesses in the state. According to the Wyoming Small Business Development Center, small businesses account for over 90% of businesses in Wyoming, and the grant program aims to support the creation of new jobs and economic opportunities in these businesses. The Wyoming Women's Business Center and the Wyoming Small Business Development Center are examples of organizations that provide support services to small businesses and entrepreneurs in Wyoming.
The Banking Institution's grant program will prioritize outcomes that drive economic growth, job creation, and innovation in Wyoming's key industries, including energy, agriculture, and tourism. By supporting projects that address the state's unique challenges and opportunities, the grant program aims to create a more diverse and resilient economy in Wyoming. For instance, projects that develop new technologies or products related to Wyoming's natural resources, such as advanced coal mining technologies or tourism-related technologies, will be considered for funding. Additionally, projects that support the growth of small businesses in Wyoming's rural areas, such as those focused on agricultural innovation or rural tourism development, will also be a priority.
Measuring Success in Wyoming
To measure the success of the grant program, the Banking Institution will track a range of outcomes, including the number of new jobs created, the amount of private sector investment generated, and the number of new technologies or products developed. The institution will also work closely with state agencies, such as the Wyoming Business Council and the Wyoming Department of Workforce Services, to track the program's impact on the state's economy. By monitoring these outcomes, the Banking Institution can assess the effectiveness of the grant program and make adjustments as needed to ensure that it is achieving its priority outcomes in Wyoming.
Q: What types of projects are most likely to be funded by the Wyoming Translational Research and Technology Development Grants? A: Projects that support the growth of small businesses, drive innovation in key industries, and address Wyoming's unique economic challenges are likely to be a priority for funding.
Q: How can Wyoming small businesses and researchers apply for the grant? A: Eligible applicants can submit their proposals through the Banking Institution's online application portal, which will be available on the institution's website. Applicants should review the grant program's eligibility criteria and priority outcomes before submitting their proposals.
Q: What is the average grant amount awarded to successful applicants in Wyoming? A: The average grant amount for this program ranges from $250,000 to $550,000, depending on the scope and impact of the proposed project.
Eligible Regions
Interests
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