Section 1-4 - Application Requirements and Program Eligibility (a) In addition to the statutory requirements under W.S. § 9-12-105(c), to be eligible, an applicant must: - (i) Employ fifty (50) individuals or less;
- (ii) Produce or propose to produce a service, product, concept, design or any other marketable asset that relates to or fulfills one of the five Next Generation Engines identified in the ENDOW 20-Year Economic Diversification Strategy;
- (iii) Provide a good faith declaration of intent to remain in Wyoming;
- (iv) Be, own or manage a high-growth-potential company;
- (v) Agree to provide a report, as described in Section 5(g), describing in detail its efforts to and success in commercializing the service, product, concept, design or other marketable asset to be developed with the assistance of State funds;
- (vi) Commit to seeking additional nonstate investment funding, whether from federal or private sources.
(b) Awardees are limited to one (1) award under this chapter per fiscal year (July 1 through June 30).
Adopted, Eff. 11/19/2018.