What is CAEDA
Forward Casper is a membership consisting of businesses, individuals, non-profits
and other groups who wish to invest in their community and improve the economic
quality of life in Natrona County. Forward Casper was created in 2001 enabling
CAEDA to capitalize on opportunities as they arise in transportation,
infrastructure, and workforce development. These funds can also serve as private
incentive dollars to engage business. A wide variety of businesses in the
area have already been helped by CAEDA-Forward Casper efforts and more opportunities
are on the horizon.
Why partner with CAEDA?
Economic Development is a set of programs, policies, and activities
that seek to create jobs, increase wealth, improve the business
climate, quality of life, and influence the growth of an economy. Economic
Development leads to positive changes in our community. It
can increase the tax revenue base without raising taxes, lead
to more and better paying jobs, increase business retention,
promote economic diversification, and can also be a productive
way to use vacant or underutilized property. Economic
Development is important because it results in a higher standard
of living for all citizens.
What exactly does CAEDA do?
CAEDA makes relocating, expanding or starting a business easier
by providing consulting services and serves as the point of contact
for all resources necessary to make an informed decision.
CAEDA assists companies by:
1) Providing up-to-date economic and industry data,
2) Coordinating partnerships with the City of Casper, the Towns
of Mills, Evansville, Bar Nunn, Midwest, and Edgerton, Natrona
County, Casper Chamber of Commerce, Wyoming Business Council, property
owners and others
3) Outlining a step by step process with all of the information
and contacts necessary to get the project completed by taking on
the role as “deal maker” or leveraging some of CAEDA’s
assets to provide financial assistance or an incentive.
Attracting new businesses and industries
to the area that complement and enhance the existing economic base,
and facilitating those projects as necessary.
Providing resources and
assisting local businesses to improve profitability, diversify
sales, expand product lines, and recruit and maintain a quality
CAEDA has established
the Casper Area Innovation Center which offers programs, services
and facilities to collectively support the successful development
and growth of start-up and early stage companies.
CAEDA puts businesses in touch
with educational facilities that can provide customized training.
Workforce training is usually provided by CAEDA’s Community
partners: Casper College, McMurry Training Center, University of
Wyoming, Natrona County School District, various trade schools
and government training divisions.
CAEDA serves as an advocate on
behalf of existing and potential businesses in Natrona County to
influence public policy and resource allocation decisions that
benefit the local business climate. (Manufacturing exemption or
data center exemptions)
Services provided by CAEDA are made achievable through a combination
of public and private investment. Those who invest in CAEDA do
so because of a strong commitment to a stable, diversified economy;
a competitive, dynamic workforce; a widespread, proactive infrastructure;
an environment conducive for the creation of new businesses; and
a commitment to regional cooperation.
Benefits for Members
What are the benefits of being a Forward Casper Investor?
By investing in Forward Casper, members help our community grow
and prosper by promoting the area for business relocation or expansion,
providing support for start-up business, facilitating workforce education,
and influencing public policy and resource allocation decisions that
benefit the local business environment. Since funding for Forward
Casper is from private corporations and individuals, funding is available
for financial incentive packages for specific projects. Forward Casper
members are proactive leaders within the community that are committed
to improving the economic quality of life in the Casper area.
What is in it for you?
1) Access to current economic, real estate, labor force, demographic,
regulatory, taxation, transportation and industry specific data.
2) Increased and more diverse customer base as new businesses
and industries that complement and enhance the existing economic
climate relocate to Natrona County.
3) Access to the CAEDA newsletter, press releases, and website
updates with the most recent local business related news.
4) Public recognition and marketing exposure as a proactive
business leader in the CAEDA newsletter sent to 350+ recipients quarterly
and on the CAEDA website.
5) Reduced expenses associated with employee recruitment and
training as CAEDA puts businesses in touch with educational facilities
and funding sources that can provide specialized training.
6) Invitations to CAEDA’s quarterly business breakfasts
and other special events, providing ample networking and educational
7) Assistance with writing and obtaining grants.
8) Eligibility to serve as a representative on the CAEDA Board
Simply put, without our investors,
CAEDA would not be able to accomplish our
important goals and objectives.
All of our investors have proven themselves
as true leaders in advancing our community.
Please consider joining them by making a
commitment to investing in CAEDA.