ENDOW Economic Diversification Strategy Released

The ENDOW (Economically Needed Diversity Options for Wyoming) Executive Council released their 20-year economic diversification strategy yesterday, prior to a press conference held this morning with members of the media.

The ENDOW Economic Diversification Strategy is available online here or can be accessed at www.endowyo.biz. A summary of the report is also available on the website or here. Members of the ENDOW Executive Council will join Jerimiah Rieman, Director of Economic Diversification Strategy and Initiatives, in formally presenting the report to the Wyoming Legislature Joint Minerals, Business & Economic Development Committee on Tuesday, August 28th. The meeting will be held at the University of Wyoming Coe Library in Laramie. ENDOW will be presenting on Tuesday, August 28 at 8:30 a.m.

ENDOW was established by Governor Mead and the Wyoming State Legislature over eighteen months ago to drive Wyoming’s economy forward and develop opportunities that will allow citizens to find good-paying jobs and meaningful work both now and long into the future. The report released this week was driven by thousands of engaged Wyoming citizens, hundreds of Wyoming businesses, multiple education and research institutions and countless industry and community leaders to establish a collaborative vision for economic diversification driven from the ground up.

The final report supports a shared mission to move Wyoming beyond the boom-and-bust cycles that have driven the state’s collective fate for too long. The recommendations outlined support Wyoming’s natural resource, tourism and recreation, and agriculture industries while growing additional sectors alongside, not in lieu of them.

Central to these recommendations is the premise that the private sector will be responsible for diversifying Wyoming’s economy and achieving ENDOW’s objectives. Businesses and their actions in the marketplace will define success, spur economic growth and create jobs. The government’s role is not to interfere with that process, but foster, and where possible, accelerate it, particularly in terms of education, workforce training, infrastructure, and research and development.

For questions, please contact ENDOW Communications Coordinator Ryan McConnaughey at 307.851.4330 or email endow@wyo.gov.

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