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Relocate Your Business

#6 city to live in the West

In the early 19th century, pioneers migrated West to seek fortune and opportunity. The methods (and duration) of travel have since changed, but for those eager to find opportunity, Wyoming is still a modern frontier with Casper at the heart of it. Tech startups are now shifting their focus from Silicon Valley to the Mountain West and Wyoming is leading the world in areas such as blockchain and cryptocurrency-enabling legislation. In essence, Casper, Wyoming is ripe with business opportunity for those looking to relocate and reap the benefits.

Among the wonderful things many residents and our Ambassadors have to say about Casper, Business Insider named our city the #6 city to live in the West. It’s also happens to be a terrific place to do business. Check out some of the reasons a re-location to Casper could be a great move for your business.

 

Business-Friendly Benefits

  • No corporate or personal state income tax
  • Low energy costs
  • State’s only Foreign Trade Zone
  • State’s only international airport
  • Low operating costs
  • Project-ready sites
  • Light manufacturing and industrial infrastructure
  • Skilled workforce and workforce development
  • Reliable broadband
  • Downtown professional office space
  • State’s largest medical facility, Banner Health
  • State’s largest community college, Casper College
  • Pathways Innovation Center – our newest high school – providing technical training

Business Support

Casper supports businesses of all sizes. Whether just starting out, looking for growth opportunities, or seeking strategic partnerships, Casper provides the resources employers need to help their business succeed.

Advance Casper

Natrona County’s Economic Development Authority, focused on retaining, growing, recruiting, and relocating businesses to the Casper area that are able to take advantage of our geographical location, economic benefits, and workforce capabilities.

IMPACT307

Wyoming’s entrepreneurial hub, providing business counseling, resources and navigation in many focus areas including accounting, brand development, marketing and human resources that help businesses thrive.

The Wyoming Small Business Development Center

A partnership between the University of Wyoming, the Wyoming Business Council, and the U.S. Small Business Administration offering business expertise and technical assistance to help you start, grow, reinvent, or exit your business.

Entrepreneurial Landscape

Whether you’re looking to relocate an existing business, expand your Portfolio, or broaden your career aspirations, Casper provides start-ups, early-stage businesses and entrepreneurs the support they need to make their business a reality.

IMPACT Casper

IMPACT 307 provides exceptional entrepreneur support, right from their IMPACT Casper location. Beyond incubation space, mentorship and resources, IMPACT Casper offers entrepreneurs an opportunity to compete with other area entrepreneurs though their premier event, the Casper Start-Up Challenge. This annual opportunity gives entrepreneurs a platform to put their ideas in motion while receiving invaluable business coaching and start-up support.

Invest 307

A FREE marketplace connecting entrepreneurs to investors. Through equity crowdfunding, Wyoming-owned and operated businesses can raise capital from Wyoming investors, both accredited and non-accredited.

Breakthrough 307

Provides early stage seed capital to high growth potential companies in Wyoming and the Rocky Mountain West, as well as programs and other support from professionals that work directly with entrepreneurs to shape their ideas into reality.

Geographic Advantage

Casper is truly the heart of Wyoming. As the main retail and service center, financial and business hub, and top destination for healthcare, Casper’s location provides a number of advantages for your business.

  • 11,307,444 consumers can be reached within an 8-hour drive
  • Casper is the regional hub for rail, freight, and air traffic – Interstate: I-25 | Rail: BNSF | Air: NCIA
  • Casper is home to the top-rated regional trauma center: Banner Health/Banner Health

With the ONLY International Airport in the state, Casper is also the only Foreign (Free) Trade Zone, which expands 60 miles- almost the entirety of Natrona County.

  • Duty deferral
  • Duty elimination
  • Direct delivery
  • Zone security
  • Merchandise relabeling

  • Inverted tariff
  • Lower valuation
  • Export duty elimination
  • Production equipment duty deferral
  • ‘MADE IN THE USA’ consideration
  • Merchandise can be stored in the zone indefinitely

In addition, Casper’s Opportunity Zone includes much of the historic downtown area.

An Opportunity Zone (OZ) is an economic development tool that is designed to provide tax benefits to investors who shift capital from existing assets to designated undercapitalized areas to help communities.

  • Temporarily defer tax on capital gains
  • Any business in the zone qualifies
  • After 5 years, investment increases 10%
  • After 7 years, investment increases 15%
  • After 10 years, investors pay NO capital gains tax
 

Major Industries

Health

Banner Health

Manufacturing

Automation Electronics

Education

Natrona County School District

Heavy Equipment

Wyoming Machinery Co.

Construction

McMurry Ready Mix

Higher Education

Casper College

Hospitality

Johnson Restaurant Group

Energy

Sinclair Refinery

Beyond Business, Casper checks many of the boxes that make it a great place to live

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