What Cheyenne LEADS does

Cheyenne LEADS (legal name: Cheyenne-Laramie County Corporation for Economic Development) is a private, not-for-profit economic development organization founded in 1986 and headquartered in Cheyenne, Wyoming. The organization holds contracts with both the City of Cheyenne and Laramie County to serve as their designated economic development entity, operating a 5-person professional staff led by CEO Betsey Hale (CEcD). Its core mandate is business attraction, retention and expansion, site selection facilitation, and management of multiple shovel-ready business parks including Cheyenne Business Parkway (900 acres), North Range Business Park (620 acres), Bison Business Park, Campstool Business Park, Cheyenne Logistics Hub, and Niobrara Industrial Park.

Revenue is generated through two primary streams: membership dues (calculated on a per-FTE basis ranging from $344 annually for 0–5 employees up to $2,760 for 40+ employees, with premium tiers from $3,000 to $20,000+) representing approximately 50% of the operating budget, and recurring contracts with the City of Cheyenne and Laramie County. The organization serves over 150 dues-paying member organizations across local businesses, government entities, non-profits, and individuals, and markets itself to domestic and international site selectors using Wyoming's #1-ranked business tax climate, right-to-work labor status, Gigabit City broadband designation, and access to F.E. Warren Air Force Base talent as primary differentiators. Since inception, LEADS reports it has recruited 80+ companies, created 5,000+ jobs, generated $170M+ in annual payroll, and facilitated $1.2B+ in capital investment, with a University of Wyoming study quantifying $8.10 in fiscal revenue returned per $1 of land incentive provided (1992–2025).

Name

Cheyenne LEADS

Legal name

Cheyenne-Laramie County Corporation for Economic Development

Website

https://cheyenneleads.org

Company type

Private

Founded year

1986

Operating status

Operating

Headcount range

1–10 employees

Short description

Cheyenne LEADS is a private nonprofit economic development organization founded in 1986, serving as the contracted economic development entity for the City of Cheyenne and Laramie County, Wyoming. It provides business recruitment, retention and expansion services, site selection, and management of multiple shovel-ready business parks.

Ownership category

akta.pro rank

Headquarters

HQ city

Cheyenne

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Membership Dues: Cheyenne LEADS derives revenue primarily from business membership dues, calculated based on the number of Full-Time Equivalent (FTE) employees in Cheyenne and Laramie County. Annual dues range from $344 (0–5 employees) to $2,760 (40+ employees). Premium membership tiers (Economic Development Partner through Premier) provide additional recognition benefits for higher contributions. Individual and non-profit memberships are $125 annually. Approximately 50% of the operating budget comes from member dues.
2. Government Contracts: Cheyenne LEADS holds contracts with the City of Cheyenne and Laramie County to provide economic development services, representing a portion of its operating budget alongside membership dues.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core offering

Cheyenne LEADS is the contracted economic development entity for the City of Cheyenne and Laramie County, Wyoming. It recruits new businesses to the community, supports retention and expansion of existing local businesses, manages shovel-ready business parks (Cheyenne Business Parkway at 900 acres and North Range Business Park at ~740 acres), and coordinates workforce development and incentive navigation for site selectors and relocating or expanding companies.

Product overview

Cheyenne LEADS is a private, not-for-profit economic development corporation serving as the economic development entity for the City of Cheyenne and Laramie County, Wyoming. The organization does not offer a technology product; rather, it provides economic development services including business recruitment, business retention and expansion support, site selection assistance, and management of multiple business parks (Cheyenne Business Parkway, North Range Business Park, Bison Business Park, Campstool Business Park, Cheyenne Logistics Hub, and Niobrara Industrial Park). Additional services include workforce development programs, incentive coordination, and acting as the link between the community and site selectors and businesses looking to relocate.

Differentiator

Problem solved

Functional benefit

Products and services

• Business Recruitment Services Attraction and recruitment of new businesses to Cheyenne and Laramie County through marketing the community, connecting site selectors with available properties, and facilitating relocations and expansions.
• Business Retention & Expansion (R&E) Services Working with existing local businesses to support their growth, expansion projects, and long-term success within the Cheyenne and Laramie County region.
• Business Park Management Ownership and management of multiple business parks including Cheyenne Business Parkway (900 acres), North Range Business Park (620 acres), and management of Bison Business Park, Campstool Business Park, Cheyenne Logistics Hub, and Niobrara Industrial Park.
• Site Selection Services Providing site selection assistance including available properties, buildings, shovel-ready sites, and infrastructure information for businesses looking to locate or expand in Cheyenne.
• Workforce Development Programs Connecting businesses with workforce training grants, apprenticeship programs, and partnerships with Laramie County Community College and Wyoming Department of Workforce Services.
• Membership Program Annual membership program for businesses, government entities, non-profits, and individuals with tiered dues scaled by FTE count, offering directory listing, newsletter inclusion, event access, enhanced visibility (logos on Monthly Member Update, Golf Tournament, Annual Banquet), and an appointed board seat at $10,000+ contribution levels.

Quantifiable outcome

• $8.10 fiscal revenue returned to Laramie County and Wyoming per $1 of land incentive provided by Cheyenne LEADS (1992–2025); Annual Economic Impact of supported companies: $228M
• +2 more outcomes

Named customers15 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

19 partnerships are on record, tiered major, core and flagship.

• Wyoming Economic Development Association (WEDA)majorStrategic or Co-development Partner · 12 June 2026WEDA, a statewide non-profit professional association representing nearly 200 economic development members, publicly supported Governor Gordon's Executive Order 'Data Centers the Wyoming Way.' Cheyenne LEADS works collaboratively with WEDA on statewide economic development initiatives.
• Governor Mark Gordon (State of Wyoming)coreStrategic or Co-development Partner · 3 June 2026Governor Mark Gordon signed Executive Order 2026-03, 'Data Centers the Wyoming Way,' establishing a framework for responsible data center development. Cheyenne LEADS publicly applauded and supported this executive order, aligning state policy with LEADS' economic development goals.
• TeslamajorTechnology or Integration · 19 May 2026Tesla is supplying and servicing 1,600 MWh of battery storage under a battery tolling agreement for Enbridge's Cowboy Project, a 365-MW solar and battery energy storage project in Wyoming supporting Meta's data center operations.
• EnbridgeflagshipStrategic or Co-development Partner · 19 May 2026Enbridge is developing the Cowboy Project, a $1.2 billion 365-MW solar and battery storage project in Wyoming, expanding its partnership with Meta to approximately 1.6 GW of contracted capacity across North America. Enbridge is a Cheyenne LEADS member represented on the Board of Directors.
• Professional Rodeo Cowboys Association (PRCA)flagshipStrategic or Co-development Partner · 24 April 2026PRCA's Board of Directors and ProRodeo Hall of Fame Trustees voted in favor of relocating the organization's headquarters, Hall of Fame, and Museum of the American Cowboy to Cheyenne, Wyoming, following a non-binding MOU. Wyoming Legislature approved $15 million in state budget to support the move. Cheyenne LEADS played a central role in recruiting this relocation.
• Overland Property GroupmajorStrategic or Co-development Partner · 12 February 2026Overland Property Group provides private investment for the Hynds Building and 'Hole' redevelopment project in downtown Cheyenne, part of a $7 million+ funding package coordinated by Cheyenne LEADS CEO Betsey Hale to convert the properties into 69 units of income-restricted workforce housing.
• CoreWeaveflagshipStrategic or Co-development Partner · 9 October 2025CoreWeave, an AI hyperscaler, signed as the anchor tenant under a long-term lease for 88 megawatts of capacity at Related Digital's $1.2 billion, 302 MW data center campus at Cheyenne Business Parkway in Cheyenne, Wyoming. First phase expected to be completed late 2026.
• Related DigitalflagshipStrategic or Co-development Partner · 9 October 2025Related Digital is developing a $1.2 billion data center campus at Cheyenne Business Parkway with capacity for up to 302 MW of IT power. CoreWeave is the anchor tenant. Phase 1 (184,000 sq ft on 36 acres) expected late 2026; projected to generate $250M+ in tax revenue over 15 years. Related Digital holds a $45 billion development pipeline across North America.
• CrusoeflagshipStrategic or Co-development Partner · 25 July 2025Crusoe, the industry's first vertically integrated AI infrastructure provider, announced a strategic partnership with Tallgrass to develop a 1.8 GW AI data center campus located in southeast Wyoming (July 2025), designed to scale up to 10 GW. Crusoe is a Cheyenne LEADS member.
• TallgrassflagshipStrategic or Co-development Partner · 25 July 2025Tallgrass partnered with Crusoe to develop the 1.8 GW AI data center campus in southeast Wyoming, with Tallgrass providing energy infrastructure support. Tallgrass is a Cheyenne LEADS member.
• City of CheyennecoreStrategic or Co-development PartnerCheyenne LEADS holds a contract with the City of Cheyenne to serve as the primary economic development entity for the city, providing business recruitment, retention, and expansion services. This is the organization's core mandate relationship.
• Laramie CountycoreStrategic or Co-development PartnerCheyenne LEADS holds a contract with Laramie County to serve as the primary economic development entity for the county, working in tandem with the City of Cheyenne contract to cover the full jurisdiction.
• Wyoming Community Development AuthoritymajorStrategic or Co-development PartnerWyoming Community Development Authority contributed $6 million in funding for the Hynds Building redevelopment project led by Cheyenne LEADS CEO Betsey Hale, combining with LEADS' $1 million contribution for a total $7 million public-private investment.
• MicrosoftflagshipStrategic or Co-development PartnerMicrosoft has invested in Cheyenne for 14+ years with ongoing data center operations. Microsoft partnered with LCCC to create the Datacenter Specialist Program, and has invested millions through Microsoft TechSpark (56 community projects, ~$4.7M donated locally since 2018). Cheyenne LEADS actively supports Microsoft's expansion in the community.
• Laramie County Community College (LCCC)coreStrategic or Co-development PartnerLCCC partnered with Microsoft to create the Datacenter Specialist Program for careers in server operations, networking, cybersecurity, and IT support. LCCC is a Cheyenne LEADS member represented on the Board. LEADS works closely with LCCC on workforce development for recruited companies.
• MetaflagshipStrategic or Co-development PartnerMeta has operated a data center in Cheyenne since 2012 and continues to expand, supported by Enbridge's Cowboy Project. Meta's American Workforce Academy provides fast-track skilled trade careers with guaranteed job placement for graduates. Meta is a Premier-level Cheyenne LEADS member.
• Wyoming Workforce Services / Wyoming Department of Workforce ServicescoreStrategic or Co-development PartnerWyoming DWS partners with Cheyenne LEADS and data center companies to expand apprenticeship, skilled trades, and technical workforce training programs tied to construction and long-term operations careers. LEADS promotes DWS training grants (up to $4,000/year per new position) to member businesses.
• Laramie County School District #1 (LCSD1)majorStrategic or Co-development PartnerLCSD1's Trades Academy was created to help students explore skilled-trades careers and connect with workforce opportunities. In 2026, LCSD1 announced a partnership with Meta Cheyenne Data Center to support the program through internships, pre-apprenticeships, job shadowing, and dual-credit opportunities.
• University of Wyoming Center for Business and Economic AnalysismajorStrategic or Co-development PartnerThe University of Wyoming's Center for Business and Economic Analysis conducted a study quantifying Cheyenne LEADS' economic impact: $8.10 returned per $1 of land incentive provided (1992–2025), with annual economic impact of $228M from LEADS-supported companies.

Scale indicators10 records

Recent moves1 record

Expansion highlights5 records

Market position

Weaknesses4 records

Competitive moat4 records

Customer concentration

• Xx.com/CheyenneLEADS
• Facebookfacebook.com/cheyenneleads

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cheyenne LEADS