Enhanced Capital Manages $25M SBIC Allocation

Enhanced Capital manages a $25 million allocation under Wyoming’s Small Business Investment Credit program, with nearly all investments structured as debt and a small equity component. Insurance company investors receive premium tax credits tied to these investments, which remain in effect for up to seven years.

Document date · May 11, 2021

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Scope & details

The full contract record, as filed.

Contract amount

$25,000,000 allocation

Contract type

FINANCIAL_SERVICES

Contract term

Investments completed by 2018; tax credits carry forward up to seven years

Renewal date

2025-12-31

Renewal

SBIC allocation fully invested by 2018, but associated tax credits for investors remain active and may be carried forward for seven years from investment dates.

Document type

Agenda

Source document

wyoming_business_council_board_of_directors_meetin.pdf

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Wyoming Department of Transportation?

Enhanced Capital was awarded this financial services contract by Wyoming Department of Transportation, as recorded on May 11, 2021. The contract value is $25,000,000 allocation.

How much is the Enhanced Capital contract with Wyoming Department of Transportation worth?

The Enhanced Capital contract with Wyoming Department of Transportation is valued at $25,000,000 allocation, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in wyoming_business_council_board_of_directors_meetin.pdf (Agenda), dated May 11, 2021 from Wyoming Department of Transportation. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Enhanced Capital hold?

Enhanced Capital may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Wyoming Department of Transportation currently buying?

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