Sheridan City, County Leaders Invest Heavily in Business Incubator

Leaders of both the city of Sheridan and Sheridan County are betting in a big way on the new management for the Sheridan Business Incubator.

The Sheridan County Commission and city of Sheridan have contracted with the University of Wyoming’s Technology Business Center to operate the business incubator in Sheridan. They’ll pay $325,000, each, for a four-year contract that starts next year, bringing the total bill for the venture to $650,000. The figures are coming from Renee Obermueller who is the county’s administrative director.

In a recent presentation during a county commission meeting, Obermueller said the business incubator was established four years ago, through a grant from the WTBC to purchase property for which the county partnered with the Forward Sheridan economic development organization. Commission Chairman Terry Cram said the incubator will stay at its original location on Double Eagle Drive and the hope is that the incubator becomes as successful as two others already established and managed by the WTBC, which are in Laramie and Casper.

The WTBC business development program was launched in 2006, according to information found on the university’s website, with the intent of helping early-stage, high-growth companies. The university plans to operate the business incubator in Sheridan with a two-person staff, placing John Dick, a long-time employee of the WTBC and currently assistant director, as manager assisted by a fulltime receptionist most likely filled by a student from Sheridan College.