ABOUT THE FUND

For Wyoming ranchers and farmers who have lost revenue due to COVID-19 related public health orders or incurred related expenses

• Timing:  Opened November 2, 2020, at 10 AM; Closed November 18, 2020, at 8 PM

• Funding: Up to $250,000; Cannot apply more than one time per fund

• Eligible Entities: Wyoming agricultural producers established as of March 13, 2020

• Eligible time frame: March 13, 2020, to application date 

• Total Funding Available: $90 million​

BUSINESS ELIGIBILITY 

• Has at least one full time (30 or more hours per week) employee; Owner/operator counts as an employee

• Established on or before March 13, 2020 

• Headquartered in Wyoming or more than 50 percent of the company’s primary work is located in Wyoming AND at least 60 percent of their employees employed in Wyoming or 60 percent of the business payroll paid to individuals living in Wyoming

• Must have been adversely impacted as a result of the COVID-19 pandemic or as a result of business interruptions due to a required closure or public health order

  • “Business Interruption” means any interruption to a business as a result of the COVID-19 health emergency and resulting closures. Interruptions may include those inside and outside Wyoming. These may include, but are not limited to: (A) Supply chain disruptions; (B) Decreased demand for products or services; (C) Required closures; and/or (D) Regulatory requirements that make operating unprofitable. 

• Must show lost gross revenue and/or extraordinary COVID-related expenses

QUALIFYING EXPENSES

Agricultural producers are able to include actual expenses incurred in addition to normal operating expenses solely due to the COVID-19 pandemic in these three categories: 

• Livestock feed and supplement costs 

  • Extraordinary expenses actually incurred between March 13, 2020, and the application date for the feeding of only livestock

• Custom hire/labor costs 

  • Extraordinary expenses actually incurred between March 13, 2020, and the application date for contract work or specialized services physically performed on the agricultural operation. This does not include expenses associated with normal day-to-day operations (i.e. accounting and/or administrative services, lawyers, etc.)

• Fertilizer, chemical, and seed costs 

  • Extraordinary expenses actually incurred between March 13, 2020, and the application date directly related to the production of crops, protein, and/or fiber