An Imagine Jackson fact sheet
Wednesday, February 21, 2007
By Jake Nichols
What is Imagine Jackson and Square One? Who are the principals and
where is the money coming from? What, ultimately, are the goals of this
project?
WHO: Imagine Jackson is a nonprofit community development organization, promoting a sustainable community for future generations.
Its board chairman is Michael Halpin and its executive director is Mark
Obringer. Obringer is also the public sector sponsor acting on behalf
of the organization.
A representative from the public sector is mandatory when applying for state funds.
Roger Bower is the Western Regional Director for the Wyoming Business
Council Program, through which the state funds are made available to
communities statewide.
“Every community or county uses this program in their own way,” Bower
said. “In Sublette it might be natural gas. In Uinta, it’s coal bed
methane. In Jackson, it’s important to tap the intellectual capital.”
All grant applications are approved and regulated by the Governor,
Secretary of State, State Attorney General, Treasurer, Auditor,
Superintendent of Public Instru
ction and the Wyoming Business Council.
Square One Systems Design was the first Teton County recipient of a
Wyoming Business Council grant, applying for and receiving $810,000
last summer.
The technical design firm has employed several locals with challenging
jobs at competitive wages, while spending over $600,000 with local
businesses in 2006.
WHAT: The state grant program has doled out over $90 million to all 23 Wyoming counties since 2003.
It comes in three flavors: Business Committed Community Grant (used
when a business is already known in the application), Business Ready
Community Grant (used when a business is not yet known or named in the
application) and Community Enhancement Grant.
Applications are considered in this order of preference, making it more
desirable for Imagine Jackson to find a potential tenant before the
loan application gets considered this spring.
“We’ve been looking at a one-off fabrication shop south of town, which
could work well with Square One,” Halpin said of Imagine Jackson’s
second loan application for roughly $1 million in a Business Ready
Community Grant.
WHEN: Application deadline for
this year is March 16. The Wyoming Business Council board will meet
this year in Jackson on May 30-31.
The board gives its recommendations to the State Loan and Investment Board in Cheyenne for their final approval on June 20.
Bowers says his region has about $38 million to grant. There are currently requests for these funds totaling over $70 million.
WHERE: If awarded, Imagine
Jackson plans to build a second structure on the .7-acre lot on South
Park Loop Road that was acquired for Square One. The site is located
outside of city limits.
WHY: Imagine Jackson, by
providing affordable office space to local small businesses, is able to
create knowledge-based jobs that ensure higher paying salaries for
essential community members so that they, too, can afford to stay in
Jackson.” says a representative of the board.
PERMALINK:
An Imagine Jackson fact sheet | Planet JH News Article: Business
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