Fall 2016
Paw Prints
A quarterly newsletter to keep you informed.
In This Issue
Let Your Arrows Fly                                                Calling All Projects: Bike, Walk, Run

Bottom Line                                                             for Reuse
Pilsners, Pulses and Pork Chops!                            Upcoming Events
Let Your Arrows FlyStory1
Bear Paw Invests RLF funds for 24-Hour Archery Range and Pro Shop
Local archery enthusiasts, Derrick Hucke and Clarissa Martin, will be opening an indoor, 24-hour archery range in Havre this fall. Hucke and Martin are avid members of the Bear Paw Bowmen Club and have been working with bow equipment for many years. After growing their clientele by repairing bows out of their home, they decided to visit with Bear Paw Development about plans for a brick-and-mortar business called HR Archery.
The couple worked with the Small Business Development Center and Loan Department at Bear Paw to create a business plan, chart financial projections, and secure financing. Martin said, "Bear Paw Development really helped us work out the details for the planning and funding of our business, we couldn't have done it without them. They were great to work with, they made everything so easy and were so helpful throughout the whole process! We are excited to bring something new and different to Havre with the archery range."
Hucke and Martin were able to find a great location, the former MAT Wrestling Corner in downtown Havre at 137 2nd Street. With funding from the USDA's Intermediary Relending Program, the couple is working to construct the indoor range, build their inventory of premier archery products, and set up their 24-hour access and security system. HR Archery will also provide services for bow tuning and fitting, lessons, and leagues. The archery range and repair shop opened its doors in early October, and the pro shop will be open in November.
To follow HR Archery and their progress as they work toward a grand opening, you can like them on Facebook at https://www.facebook.com/HRarchery/ .  To learn more about the business loan programs at Bear Paw Development, contact Tiffany Melby or Sammie Chagnon by calling 265-9226.
Business Owners Take a Look at their Bottom Lines2
SBDC Partnered with SBA to Host Finance Workshops for Small Business Owners
Bear Paw's Small Business Development Center recently held free business workshops in Malta and Havre.  These workshops, taught by John Donovan from the Small Business Administration and Joe LaPlante with the SBDC, focused on utilizing financial statements to help business owners better manage their operation by enhancing their knowledge of cash flows.

LaPlante, Bear Paw's SBDC Director, explained the different types of financial statements, common sizing income statements, and identifying key indicators on the balance sheet. Donovan educated attendees about the time it takes for a dollar spent by the business to be converted into a dollar received by the business, or the cash conversion cycle. Participants also looked at how financial ratios could help them analyze different aspects of their business operations to become more profitable. At the end of the workshop,  attendees took home a business-ready guide provided by the SBA which covers state and federal resources available to expand or create a business.
Ashley Stuart, Executive Director of Phillips County Growth Council in Malta, said "The class offered valuable tips and tools to increase cash flows and better manage your business and bookkeeping on a daily basis.  The knowledge and experti se shared with our community by John and Joe was very helpful and we look forward to partnering with the SBDC and Bear Paw Development in the future to offer additional classes in our area."

If you want to learn more about these topics or would like to b ring a small business workshop to your community, contact Joe LaPlante at 265-9226 or email him at jlaplante@bearpaw.org .    

Funded in part through a cooperative agreement with the US Small Business Administration.  All opinions, conclusions, or recommendations addressed are those of the author and not necessarily reflect the views of the SBA.
Pilsners, Pulses, and Pork Chopss3
A key role of the Food and Agriculture Development Center Network is to provide assistance to businesses applying to Montana's Growth Through Agriculture grant program, hosted by the Montana Department of Agriculture. This economic development tool has been highly impactful to new, as well as established food and value-added agriculture ventures throughout the state.
This year, the twice-annual deadlines available in previous years were compressed into one grant submission deadline. As such, the FADC experienced increased, urgent and enthusiastic interest from potential applicants. Through rekindling past connections, and initiating relationships with new, potential applicants, Taylor Lyon, Bear Paw's FADC Director, was able to assist with six GTA applications, out of a total of twenty-four statewide submissions.  Project types included two major pulse processing and handling facilities, two breweries, a vegetable farm and a meat processor. The projects encompassed a geographic region spanning from the Flathead Valley all the way across the Hi-Line to Glasgow. Decisions on funding will be made in late November 2016.
On other fronts, Lyon completed Cooperative Development Specialist training to better serve the Hi-Line and enhance the partnership between Bear Paw Development and the Montana Cooperative Development Center, and to better utilize the cooperative business model for business start-up and growth. Following certification, Lyon participated in meetings with the budding Fresh Start Grocery Co-op's steering committee in Geraldine. Next steps for this exciting venture will be electing a board of directors for the co-op, which will occur in Geraldine on November 29, 2016.

To contact the Bear Paw FADC, call 265-9226 or e-mail Lyon at tlyon@bearpaw.org .
Bear Paw's EPA Brownfields Program Funds Petroleum Cleanup at Prominent Havre Location
Work is well underway to remove petroleum contamination at the former Sweetheart Bakery/Northern Tire site at 6 Second Street in Havre. The property, which sits on a prominent downtown corner, has sat idle for several years due to petroleum contamination and is now undergoing a major excavation to remove contaminated soil.  This work is being completed through Bear Paw's EPA-funded Brownfields Program.
In partnership with the State of Montana's Petrofund and NewFields, who serves as Bear Paw's environmental consultant, Bear Paw was able to assess the extent of the contamination and fund the cleanup of the former bakery. The site will be backfilled with clean soil that contains oxidization pellets, which will further break down any petroleum remnants. An innovative vapor extraction system will also be installed before the site is filled so that any petroleum vapors can continue to be removed from the ground. Once filled, the site will be repaved and signage will be replaced. Cleanup is being conducted by NewFields and Baltrusch Construction of Havre in coordination with the City of Havre and Hill County.
Property owner Stu McIntosh, who came to Bear Paw Development in 2015 to develop a cleanup plan, hopes that once remediation is complete a new commercial user will purchase the building, redevelop it for business purposes, and save it from being a blighted, underutilized property.   
For more information on the Brownfields Program at Bear Paw Development, email Sammie Chagnon at schagnon@bearpaw.org .
MDT Set to Announce Alternative Transportation Funding
This fall, the Montana Department of Transportation (MDT) will be opening applications for their Transportation Alternatives Program (TA). The TA program is a combination of what were three separate programs: Recreational Trails (RTP), Transportation Enhancements (TE or CTEP) and Safe Routes to School (SRTS). This program provides funding for projects which include on- and off-road pedestrian and bicycle facilities, improving non-driver access to public transportation, community improvement activities, and environmental mitigation; recreational trail projects; safe routes to school projects; and projects for the planning, design or construction of boulevards and other roadways largely in the right-of-way of former Interstate System routes or other divided highways.
$7M will be available with approximately 10 percent set aside for pavement preservation projects. Eligible entities include: local governments; tribal governments; transit agencies; natural resource or public land agencies; school districts, local education agencies, or schools; and any other local or regional governmental entity with responsibility for oversight of transportation or recreational trails. A program description, scoring criteria, and frequently asked questions are available on the MDT's website at http://www.mdt.mt.gov/mdt/ta_application.shtml .
It is expected that MDT will issue the call for projects soon.  If you are interested in pursuing this funding for a project in your community, please contact Michele Turville or Eryn Nissen with BPDC's Community Development Department as soon as possible. Michele and Eryn can be reached at 265-9226.
Upcoming EventsEvents
Governor's Local Food and Agriculture Summit

Topic: Montana's Food Economy
Date: October 28-29
Time: 7:00 a.m.-7 p.m.
Place: Montana State University Bozeman-Strand Union Building