Energy Capital Wins a State Grant to Create Office Space in Gillette

(Gillette, Wyo.) The Wyoming State Loan and Investment Board (SLIB) approved several grant requests during a Thursday meeting in Cheyenne. The SLIB is comprised of Governor Matt Mead, Secretary of State Ed Murray, State Auditor Cynthia Cloud, State Treasurer Mark Gordon and State Superintendent of Public Instruction Jillian Balow. One such grant was $1,240,000 (and $280,000 as a loan) for Energy Capital Economic Development to buy property, through Campbell County, that is currently owned by Overland Investments. The property on Sinclair Road already has APEX (originally Intertech) as an anchor tenant. The remaining office space will be marketed by Energy Capital, parceled out in to perhaps four different possible sites for small businesses looking for startup space in Gillette. The goal is to attract new business to the area by providing property that's move-in ready. Since Gillette is mostly comprised of the energy industry, the workforce here is trained and ready, which can be attractive to incoming organizations. Another feature is the small town feel with amenities of a bigger city, like the Gillette Airport. The ECED is hoping these are good enough reasons to bring in companies that will increase local prosperity. The revenue will also allow Energy Capital to create an economic development fund for future opportunities. #county17 #news -- *Brenda Kirk* Community Maven for | 614.940.7121 Twitter | Instagram | Facebook PitchEngine™ | *Connecting Communities* | Twitter | Facebook