Progress & Prosperity II

$2.8 million Campaign Goal

Progress & Prosperity II is a five-year $2.8 million initiative. Investors are supporting a progressive economic development program designed to build on the proven strengths and achievements of Progress & Prosperity I. It sets specific return on investment goals, in terms of new jobs and business investments and will be accountable to its investors and the community.

Measuring Success

The projected impact of Progress & Prosperity II is both dramatic and measurable. By the end of 2008 the program is expected to:

• Create 1,200 new primary jobs
• Create 1,000 new secondary jobs
• Generate $52 million in gross annual payroll
• Generate $27 million in annual consumer expenditures
• Result in at least $105 million of capital investment
• Broaden property tax base by $7.6 million per year

Initiative One

Business Development Initiative - $2,500,000

• The purchase of land for new commercial and industrial building sites enabling Cheyenne LEADS to entice companies to move or expand into Cheyenne/Laramie County.
• The addition of infrastructure to those sites.
• Prioritization of prospects that will generate at least 1,200 new primary jobs and 1,000 secondary over the five year program

Initiative two

Work Force Development Initiative - $100,000

• Funding to defray the costs of work force development and training programs for prospects that create new jobs. Develop customized programs when necessary.

Initiative three

Community Development Initiative - $200,000

• Funding for Quality of Life initiatives to enhance the community for our residents, potential new employees, and their families

The Benefits for you and me

• Robust, Stable Economy
• Broader Tax Base
• Improved Profits for our Businesses
• Higher Per Capita Incomes
• Improved Public Services
• Quality, Managed Growth