April 20, 2017
CHEYENNE, Wyo. – Governor Matt Mead has made appointments to the ENDOW (Economically Needed Diversity Options for Wyoming) Executive Council. The panel is composed of accomplished business and community leaders from across Wyoming. It will focus on developing a strategy to build a sustainable, diversified and value-added economy in Wyoming by 2038.
“These individuals are among Wyoming’s best and brightest, and they have agreed to contribute their time and expertise to help Wyoming. Their insights will be invaluable as we work to encourage the expansion and diversification of Wyoming’s economy,” Governor Mead said. “I am interested in an approach that contains defined targets with flexibility to be implemented in any area of the state.”
Governor Mead announced the ENDOW initiative in November 2016. The Legislature endorsed this initiative and appropriated $2.5 million to advance and promote economic diversification.
The Governor has asked the ENDOW Executive Council to look at education, workforce training, research, business development, entrepreneurship, innovation and private sector businesses coming together to create jobs, products and companies.
The Executive Council is scheduled to meet for the first time May 11-12 in Cheyenne. Its members are:
“The opportunity to examine ways to diversify the economy of Wyoming is an exciting challenge,” said Mr. Hill. “The state has so much to offer, and has the time and the expertise to chart an exciting course for the future.”
The Executive Council’s first report is due to Governor Mead and the Wyoming Legislature by August 30, 2017. Its preliminary findings and recommendations are due by December 31, 2017. By August 1, 2018, a twenty year comprehensive economic diversification strategy is due to Governor Mead.
In addition to the ENDOW Executive Council, Governor Mead plans to establish a Rural Council to serve as a champion for rural economic diversification and to inform the Executive Council’s work. The ENDOW Rural Council will be co-chaired by Wally Wolski and Jim Espy of Savery. Full membership will be announced at a later date.