25 Years, 1 Goal: Make Wyoming the Best Place to Do Business
Wyoming doesn't settle, and we're not about to start now. 25 in 25 is a bold, long-term initiative to propel Wyoming into the top half of business-friendly states by 2050. This isn't just about survival, it's about creating an environment where Wyoming businesses can scale, thrive, and lead on a national and global stage.​
Ranked by Forbes
Every year, Forbes releases a list of "The Best States to do Business" ranked on six key elements:
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Business Costs
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Labor Supply
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Regulatory Environment
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Economic Climate
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Growth Prospects
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Quality of Life
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Wyoming has the foundation, but if we don't grow and expand how we do business, we will fall behind. This is about smart, intentional growth that preserves the culture and spirit of Wyoming while ensuring we have the workforce, power, infrastructure, and opportunity to compete and lead.
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If we don't act:
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We will lose our workforce as young adults seek opportunity elsewhere
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We will struggle to keep the lights on 24/7 without advancing our energy leadership
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We won't have enough housing or infrastructure to support families and businesses
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We're laying down a 25-year roadmap built on grit, growth, and no-nonsense policy.
This Initiative Will:
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Modernize regulation and permitting. We're cracking down on red tape, streamlining processes, and cutting excessive regulation that holds businesses back.
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Strengthen infrastructure. From housing to energy and highways to broadband, we're investing in critical foundations that allow businesses and communities to grow.
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Promote workforce and education. Building Wyoming's future workforce means aligning education with industry needs and making sure young adults see opportunity here.
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Support local businesses. From small shops to large employers, we're ensuring local businesses have the tools and resources they need to succeed.
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Reduce crime and increase safety. Retail crime is on notice. We're working with law enforcement, businesses, and policymakers to crack down on organized theft and keep our communities safe.
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Cut business costs. Whether it's taxes, utilities, or regulatory overhead, we're committed to making Wyoming a competitive, cost-effective place to operate.
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Champion pro-business, pro-growth policies. We're doubling down on policies that encourage expansion, attract new industries, and foster a climate of economic opportunity.
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Push energy and power leadership. Wyoming is an energy powerhouse. We're advocating for smart energy policy that keeps the state competitive and addresses the national energy crisis.
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Stop the young adult exodus. Too many young professionals are leaving the state because they can't find the jobs they want. We're addressing that head-on by creating career pathways, promoting competitive wages, and supporting industries with growth potential.
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Enhance quality of life. Economic growth mean nothing if people don't want to live here. We're committed to fostering safe, vibrant communities where families can build their future.
Current Ranking
#32
Overall: Best State To Do Business
#22
Business Costs
#39
Labor Supply
#12
Regulatory Environment
#49
Economic Climate
#23
Growth Prospects
#36
Quality of Life
Surrounding States for Comparison
#3
Utah
#9
Colorado
#10
Idaho
#11
Nebraska
#14
South Dakota
#30
Montana