Laramie’s WyoTech automotive trade school will remain operational, but faces an uncertain future.
WyoTech’s parent company—Corinthian Colleges—is clashing with regulators, who accuse the for-profit company of falsifying job placement rates and misleading students about financial aid.
Monday, Corinthian reached an agreement with the Department of Education which will keep federal aid flowing—and the doors on its 90 campuses nationwide open—while a long-term operational plan is developed.
It has never been easy to start a small business or to keep it going. Acquiring startup money is always one of the challenges. In Wyoming, officials say they want to develop more businesses, but unless you are a technology company, it can be difficult to find the necessary support. Wyoming Public Radio’s Bob Beck reports.
BOB BECK: Laramie Economic Development Director Dan Furphy says funding small businesses is scary for lenders.
The Laramie Area Chamber of Commerce and the Laramie Economic Development Corporation are merging aspects of their operations. They have picked Laramie-native Dan Furphy as the new president and CEO of the two organizations. Furphy is a banker who has served as board member for both groups in the past. He says he wants to attract data centers to Laramie to create jobs and he plans to continue to work with the University of Wyoming.