Entrepreneurs Say It's Easier To Do Business In Wyoming
Wyoming is experiencing a surge in startup activity, with venture-style deals doubling from 12 in 2019 to 24 in 2024, according to the Wyoming Business Council's 'deal flow' report. Entrepreneurs and business leaders attribute the state's business-friendly environment and innovative regulations to its growing appeal.
Wyoming's startup scene is gaining momentum, with the number of venture-style deals doubling from 12 in 2019 to 24 in 2024. The Wyoming Business Council's 'deal flow' report tracks these investments, indicating a step-change in the state's entrepreneurial activity. Gov. Mark Gordon attributes the state's success to its business-friendly environment and innovative regulations, such as pioneering digital banking and artificial intelligence-era regulations. The Microsoft-sponsored gBETA program, a free virtual accelerator, has contributed to the growth, with alumni creating over 230 jobs and raising $42.7 million in follow-on funding. Entrepreneurs like Sam Seeton, founder of Infinite Outdoors, credit Wyoming's open access to programs and people for their success. The state's small size allows for easy access to leaders, making it an attractive location for startups.
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