ABOUT THE AMERICAN RESCUE PLAN ACT OF 2021
The latest COVID-19 federal relief package - the American Rescue Plan Act (ARP) - became law in early March. The majority of the overall $1.9 trillion in assistance will be allocated as direct payments and other relief to American families with additional help available through the Small Business Administration and state and federal agencies for targeted businesses, communities, and organizations affected by the ongoing pandemic.
Wyoming was allocated about $1.07 billion from ARP funds. The Wyoming Business Council (WBC) and other state agencies are working closely with Governor Gordon’s office and legislators to identify the best ways to capitalize on this opportunity.
Governor Gordon Details Planning Process for use of Federal Recovery Plan Funds
The Governor plans to strategically utilize the $1 billion in federal funds to address the immediate and long-term impacts of the COVID-19 pandemic. The areas of focus he has identified are:
Health and Social Services
Education and Workforce
Economic Diversity and Economic Development
The Governor and his Cabinet are working to identify both short and long-term priorities within each area of focus. This work not only includes identifying the most significant problems the state is facing due to the pandemic but also identifying the best opportunities for investment of these funds. A preliminary planning framework will be released in June.
Email your questions about the American Rescue Plan or upcoming federal stimulus to firstname.lastname@example.org
CHALLENGES LEAD TO OPPORTUNITY
HELP GUIDE WYOMING'S INVESTMENT IN OUR FUTURE
WBC presented a public webinar on May 19 to introduce a brief survey to capture public feedback on how we can turn our current challenges into future opportunities in Wyoming.
The survey is currently closed and Business Council staff are reviewing feedback and drafting recommendations to help inform policymakers as they decide how best to deploy the more than $1 billion in federal funding coming our way through the Amerian Rescue Plan Act of 2021 (ARP). We continue to welcome your ideas and thoughts and invite you to email your continued feedback to email@example.com.
GETTING BACK ON TRACK: HELP IS HERE
SBA LAUNCHES WEBINAR SERIES FOR SMALL BUSINESS OWNERS & ENTREPRENEURS
The U.S. Small Business Administration and the non-profit Public Private Strategies Institute launched a new regional webinar series, “Getting Back on Track: Help is Here,” to provide Main Street entrepreneurs with the information and resources needed to continue to recover from the COVID-19 pandemic. The educational webinars feature speakers from The White House, the SBA, Members of Congress, and small business leaders, and will provide updates on the American Rescue Plan.
To join one of the regional webinars in this series and learn more about programs that will help small businesses get back on track, register at Getting Back on Track: Help is Here!