Interruption Fund allows small-business owners to breathe a sigh of relief

14 Aug 2020


Last month, the Business Interruption Fund distributed nearly $100 million of federal dollars to small Wyoming businesses that were negatively impacted by the public health orders related to the COVID-19 pandemic.  

The money came from Wyoming’s allocation of the Federal Coronavirus Aid, Relief, and Economic Security (CARES) Act. In May, the Wyoming Legislature entrusted a total of $325 million in CARES Act funding to the Wyoming Business Council to distribute to the state’s struggling businesses and nonprofit organizations. 

The Interruption Fund was the first of three relief programs to distribute those dollars. This fund was designed as a rapid response to get money in the hands of the state’s small businesses – those with 50 or fewer employees – as quickly and efficiently as possible. Individual businesses could receive funds of up to $50,000. 

Read more here.