085-4 Wyo. Code R. §§ 4-2 - Maximum Amount and Match

(a) The maximum grant amount for a Managed Data Center Cost Reduction project is two million two hundred fifty thousand ($2,250,000). The grant amount will be determined by the business's match amount.

(b) The grant shall require a minimum private investment match that is at least one hundred twenty-five percent (125%) greater than the "Managed Data Center Cost Reduction" grant. No less than fifty percent (50%) of the match shall be calculated by the net wages, not including benefits, of those employees earning one hundred fifty percent (150%) of the median wage for all occupations in all industries within the county in which the project will take place and are at the state industry average wage. Nor more than fifty percent (50%) of the match shall be calculated by the private capital investments in taxable items. The following table shows three (3) examples of grant amounts and the required match. The match can be realized up to five (5) years.

Total Grant Amount	Percent of Minimum Consideration	Minimum Required Match (Realized over 5 years)	Minimum Percent of Required Consideration Comprised of Wages (100% of which are 150% of the County Median)	Minimum Required Wages (100% of which are 150% above County Median)	Maximum Private Capital Investment in Taxable Items Allowable as Consideration
$ 2,250,000	125%	$ 2,812,500	50%	$ 1,406,250	$ 1,406,250
$ 1,500,000	125%	$ 1,875,000	50%	$ 937,500	$ 937,500
$ 750,000	125%	$ 937,500	50%	$ 468,750	$ 468,750

Notes

085-4 Wyo. Code R. §§ 4-2

Adopted, Eff. 7/25/2016. Amended, Eff. 6/16/2021. Amended, Eff. 10/28/2022. Amended, Eff. 11/9/2023.