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Touro College of Osteopathic Medicine students enjoyed a tour of our city, followed by an unforgettable evening filled with live music, drinks, dancing, and pure fun! Huge thanks to Ron and Becky Nelson for graciously hosting students and faculty at their Hootenanny event. Students had the opportunity to reconnect with the community members they've met and blow off some steam dancing to live music by the Trent Brooks Band. Special thanks to Admiral Beverage/Pepsi of Great FallsGusto DistributingEnbarEric HinebauchBlacked Out 406, and above all, Ron and Becky Nelson for opening their home to create these cherished memories. The students said they have never felt more welcome in a new city, and they're genuinely touched by how everyone has come together to make their time here so special. We take immense pride in being part of this incredible community and are reminded again of what makes Great Falls great!

1) We hosted two business delegations from outside the US interested in opportunities for investment and development in our region. One came through our partnership with the Montana World Trade Center and the other through our networking and participation in Select USA. If your company is interested in doing business in the Great Falls region, please reach out to Jake Clark 1-406-403-4937 or Jake@GrowGreatFalls.org


2) In this week's TheElectric's Business Bites Chipotle will open next month, The Rib & Chop House is hiring staff and scheduled to open in late October and Great Falls Honda is under new ownership. See restaurants story on KRTV. Congratulations to Theresa Burgmaier on opening Eagle's Nest childcare center in Fairfield; see KRTV.


3) We approved and funded a $117,500 working capital loan to Ski-Lift, Inc dba Showdown Montana. We were able to help the client secure the necessary funds needed to gear up for another booming season. If your business needs assistance with financing to start, grow or innovate please contact Jill Kohles at 406-590-1056 or JKohles@GrowGreatFalls.org.


4) Congratulations to the Great Falls Area Chamber of Commerce, Central Montana Works and all of the businesses and organizations that hosted the 2023 Worlds of Work! The event brought together over 2,000 8th and 10th graders from Great Falls Public Schools, local private schools, and rural schools for a day of career-focused engagement at the campuses of Great Falls College MSU and University of Providence; see KRTV. Over 70 businesses had booths and stations unveiling unique career paths allowing students to dive into immersive activities. This event is not only fun and educational, but it also prepares the next generation for future careers and fortifies our community by nurturing a skilled and motivated workforce. Thank you to everyone that was involved in putting this event together and for investing in the future of our community. If you need assistance with recruiting or workforce development, please reach out to Tony at Tony@GrowGreatFalls.org or 1-406-750-2099. 


5) Invest Downtown 2023 and the Montana Main Street Conference are both coming up in October in Downtown Great Falls. Invest Downtown will be October 18th at 9-11 AM and the Montana Main Street Conference will follow afterwards through the 20th; see TheElectric. If you have any questions about either of these events, please contact Christian at 1-406-836-0136 or CLeinhauser@GrowGreatFalls.org.


6) TDS Telecommunications has started construction of its 8GB fiber-to-the-home network in Great Falls. The company is hiring for multiple positions to staff operations in the community. Learn more in our Announcement of the Week.


7) We received eight consultant proposals from across the country in response to our RFP for the Downtown Great Falls market demand assessment and economic transformation strategy. We'll be working with our Downtown Development Partners to select the top firm and get this project going. Thank you again to the City of Great Falls, Montana Department of Commerce Main Street Program, NeighborWorks Great Falls, and GFDA Investors for funding this project. We'll use the results to attract more great private investment downtown.

 

8) The GFDA Board urges you to support the Great Falls Public Safety Levy and Bond. Public safety, emergency service response time, and better insurance rating that benefits both commercial and residential properties were all reasons the GFDA Board vote was unanimous. Visit SafetyintheFalls.com to learn more.


9) Our government contracting advisors for APEX (formerly PTAC) attended the quarterly MT APEX Meeting in Billings at Big Sky EDA. They trained on the new metrics & reporting requirements under DoD and looked at how to coach our businesses on the new regulations and certification updates in this shorten contract year. We were also able to assist one of our clients on how to submit invoices on the federal payment platforms so they could get paid. Cybersecurity will also be added to federal contracts in the next 18 months. Are you ready to address these security requirements or do you know what they are? If not, contact Shannon Clancy at SClancy@GrowGreatFalls.org.


10) We received $1,948,532 Equitable Recovery Program grant funds from the Community Development Financial Institution Fund of the U.S. Treasury. We will invest these funds in loans to developers, businesses, and organizations with projects in eligible census tracts throughout the region. We also received the first $1,625,000 in meat processing loan capital from USDA and will soon close our first meat processing loan.


11) The exhibitor application for the 2024 Made in Montana tradeshow will be available online starting October 3 at 9:00 AM. All applications must be submitted no later than 11:59 PM on October 26. The no-fee application is open to current Made in Montana members who want to grow their business through the wholesale market. The online application will be available on their tradeshow webpage. All applications will be reviewed by a committee after October 26. The show will take place March 8 - 9, 2024 at the Lewis and Clark County Fairgrounds in Helena.


12) We released our FY2023 Audited Financial Statement for our fiscal year that ended on June 30th. Another clean audit! We updated our Procurement Policy and our Financial Management Policy. All of our policies, financial, and governance documents can be found in the About Us section of our website, GrowGreatFallsMontana.org.


13) Excited to announce that Tyler Menzales will be rejoining the GFDA staff team in a new position, Vice President Strategic Initiatives! Tyler will lead our efforts putting into action many of the 19 priorities in the new 2023-2025 Economic Development Strategy we adopted in June.


14) The support that we receive from our investors and public partners has allowed us to make great strides and progress on the growth of our community. We couldn’t do what we do without this group of champions and leaders. Learn more about them here. Recent investments include: Leadership Division—Dick Anderson Construction. Their belief in our community is not only inspiring, but it allows us to continue our important work to make Great Falls a better place to live and work. To learn more about our organization and how you can be a part of the team that is working to grow the economy, contact Investment Director Jenn Gallmeier at 1-406-781-9499 or Jenn@GrowGreatFalls.org.


We're rocking and rolling to help businesses, future entrepreneurs, and developers to make successful investments in the Great Falls regional market!


Brett

 

Brett Doney

President & CEO

1-406-750-2119

BDoney@GrowGreatFalls.org

 

Connect with me on  LinkedIn to network with the Great Falls Montana region. Forward the GFDA Top 10 to friends and colleagues. You can join our distribution list HERE or text GFDA to 22828.


Subscribe to the Grow Great Falls Montana YouTube channel!


"Incrementalism is innovation's worst enemy."

Nicholas Negroponte


Edition 601

DOWNLOAD OUR ECONOMIC DEVELOPMENT STRATEGY
DOWNLOAD OUR GFDA SERVICES AND STAFF TEAM HANDOUT
DOWNLOAD 2023 Q2 QUARTER INDEX

Staff Openings 

We have a great career opportunities to join the GFDA team. Download info on Small Business Advisor -- Director Regional Small Business Development Center. GFDA is proud to be an Equal Opportunity Employer!

Cost-Effective Rail-Served Industrial Sites Available

If your company needs a rail-served, BNSF-Certified, shovel-ready site with all municipal services at your door, we have lots available for immediate construction in the Great Falls AgriTech Park. Contact Jolene Schalper at 1-406-750-4481 or JSchalper@GrowGreatFalls.org

DOWNLOAD AGRITECH FLYER

NEW! SBA Rates

September SBA 504 Loan Rates

The 25-year loan effective rate (including all fees) is 6.808%; 20-year at 6.862%; 10-year equipment loan at 7.052%; and, 20-year refinance 6.88%; 25-year refinance 6.826%. These rates are FIXED for the life of the loan and are inclusive of all fees. If you would like to find out how to get financing for commercial real estate and equipment at potentially lower rates than you're paying for your home mortgage, please contact Jill Kohles at 1-406-590-1056 or JKohles@GrowGreatFalls.org.

Events, Business Trainings & Opportunities

USDA opened another round of the Meat and Poultry Processing Expansion Program (MPPEP). If you are a meat or poultry processor considering expansion, but missed the first round of funding, please reach out to Anna Flies at Anna@GrowGreatFalls.org or 1-406-590-1301.


The Montana Outdoor Recreation Summit will be held October 11-13 in Butte.


The Montana Indian Equity Fund began accepting applications for their small business grant on September 1st; the application deadline is October 31st. The grant can be used to assist start up or existing Native American owned businesses in Montana. If you need help with the process, contact small business advisor Rich Gannon at 1-406-836-2078 or via email at RGannon@GrowGreatFalls.org.


Have you created or updated your Dynamic Small Business Search (DSBS) profile? A strong profile can significantly boost your contracting success by increasing your visibility to local, state, and federal agencies seeking goods and services. If you would like more information on how to create or update your DSBS profile, contact Shannon Clancy at SClancy@GrowGreatFalls.org or 1-406-590-1184.


The Great Falls Housing Market Assessment shows a need for over 450 new housing units per year in the immediate Great Falls area. For assistance with housing development, contact Jake Clark at Jake@GrowGreatFalls.org or 1-406-403-4937.


USDA has launched a new online tool to assist small businesses in identifying procurement opportunities; see USDA's Procurement Forecast.


Zero to 5 has launched the Montana Child Care Business Connect website to help support the startup and expansion of early childcare businesses. The Great Falls Childcare Demand Assessment shows a need for additional childcare facilities to serve 580 children in Great Falls. For assistance with childcare facility business planning, contact Rich Gannon at RGannon@GrowGreatFalls.org or 1-406-836-2078.


One of the many tools we have for renovating your building in Downtown Great Falls is the City's Downtown Tax Increment Financing (TIF) Grant. This 50% match grant can help with Façade, Building Code Compliance, and Safety & Security. One of the biggest uses of this grant is Fire Suppression and updating the face of your building. To find out more about this grant, call Christian at 1-406-836-0136 or email CLeinhauser@GrowGreatFalls.org. Let's discuss how TIF and other tools can help you change the face of Downtown Great Falls. 


Employers, are you looking for timely data on our local workforce? JobsEQ for Workforce is a software tool that provides timely data on our local workforce and employers—including demographics, occupations, wages, certifications, and more. Contact Lyndsay Bruno at Lyndsay@GrowGreatFalls.org or 1-406-590 – 1539 to be connected with a JobsEQ-trained Business Advisor today. To learn more about GFDA's other talent attraction tools, visit our website


We launched the new Livability Great Falls Magazine. Find and share Livability Great Falls online, or contact Lyndsay Bruno for hard copies of the magazine: Lyndsay@GrowGreatFalls.org or 1-406-590-1539. 


Recruiters, are you hiring for a job position that is:  

  • High level 
  • High salary 
  • Out-of-the-box/unique/creative? 

Help us attract workforce to move to Great Falls - send a one-sentence description of the job, 3-5 of your company's top employee benefits, salary (if listed), and a link to apply for your job to Lyndsay@GrowGreatFalls.org to be included in the Hot Jobs in Great Falls blog post.  


The 2023 Montana Food and Beverage Show, hosted by the Montana Department of Agriculture, is scheduled for October 16 in Missoula. The show allows Montana businesses to showcase their food and beverage products to professional buyers from restaurants, hotels, bars, retailers, and more.


Cybersecurity challenges for businesses continue to grow. The Montana Manufacturing Extension Center (MMEC) is offering an array of useful resources to help Montana businesses to protect themselves.


The Montana Department of Commerce has extended the application deadline to December 31st for the Montana Cybersecurity Program, which will provide up to $8,000 reimbursement for your cybersecurity expenses. And don't forget about funds available for your workforce through the Incumbent Worker Training Program and the Primary Workforce Training Grant. We can help you access these programs if you run into snags.


USDA opened a new round of Rural Energy for America Program (REAP) grants and loans. Rural small businesses and agricultural producers can use the funds to make energy-efficiency improvements, lower operating costs, or install renewable energy systems. Quarterly competitions will be held through September 30th. See MATR.net for more info. Or for help applying, contact Anna Flies: Anna@GrowGreatFalls.org or 1-406-590-1301


The Montana Manufacturing Extension Center has launched the Certified Manufacturing Associate Apprenticeship program. This one-year program combines on-the-job training with online technical classes on safety, math and measurements, manufacturing processes, and quality control.


Are you in the planning and development phase of expanding your agricultural product or adding value to Montana agriculture by expanding your product into new markets? Montana’s Growth Through Agriculture (GTA) Business Acceleration Program (BAP) and Market Development Program (MDP) grants could help! Funds are available; click here for more information or contact Anna at Anna@GrowGreatFalls.org or 1-406-590-1301.


The 341st Contracting Squadron, Malmstrom Air Force Base (AFB), is contemplating a solicitation for a multiple award contract (MAC) and is looking for responses to this Sources Sought Notification. Awarded MAC indefinite-delivery indefinite-quantity (IDIQ) contracts would be for the construction of structures and facilities, repair, maintenance, and alteration of real property assets within the confines of Malmstrom AFB, Weapons Storage Area (WSA), Missile Alert Facility (MAF) and Launch Facility (LF) sites located within the Missile Complex throughout Montana. This is a great opportunity to Introduce your company to the Contracting Wing at Malmstrom AFB. Do you have a Capability Statement prepared to provide with your Sources Sought reply? If not, contact Lillian Sunwall at 1-406-750-1253 or LSunwall@GrowGreatFalls.org. For more information on the Notice, click here.



If you are trying to redevelop a property that involves an environmental cleanup (including lead paint and asbestos) and you have a gap in your financing, your project may qualify for our low-interest brownfield redevelopment loan funds. We can make loans anywhere in Cascade County or within 100 miles from the borders of Cascade County, which covers much of the region. We're eager to help make your project move forward. Contact Tony Peres at 1-406-750-2099 or Tony@GrowGreatFalls.org. We also have some small business or nonprofit startup/expansion loan funds available for Glacier and Blaine counties.


Do you have open government contracts? Is your SAM.gov registration due to renew in the next few months? SAM.gov continues to have issues with the transition of the new validation process. It is recommended that businesses start early to renew their registration to keep from going inactive. If you are having trouble getting through the process, contact Shannon Clancy at 1-406-590-1184 or SClancy@GrowGreatFalls.org for assistance. 


The Montana Innovation Partnership is offering a number of trainings and an accelerator program for companies interested in pursuing Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR) grants.


Montana STEP grants can pay for 75% of your international export marketing efforts, up to $10,000. The Montana TechLink Center at MSU is offering a new round of workshops on how to win Small Business Innovation Research funding.


We have migrated our pre-business workshop for early stage and pre-venture startups to a self-paced, video-facilitated, online format called Business Basics for Startups. If you’d like to check out the content and provide feedback, we’d appreciate it. We also provide monthly Business Strategy Webinars, which are recorded and available for viewing online at any time. Looking to start, innovate or grow your business? We offer a variety of training options to ensure your success. Click here to check out all of GFDA's training resources. For more information or to give feedback about these programs, please contact Rich at 1-406-836-2078 or RGannon@GrowGreatFalls.org.


The best resource we scan daily to stay abreast of business and community innovation is MATR.net (Montana Associated Technology Roundtables), which we are proud to help sponsor. Sign up for their free newsletter.


Join our Trailing Partner Email Group specifically for local employers to share resumes of trailing spouses/partners across the Great Falls region with other employers looking to hire. “Your (Live in Great Falls) website is very impressive and helpful! Great Falls looks amazing, and we love what we've seen real estate-wise, and business-wise.” This quote was from an email sent to us from a couple considering relocation to Great Falls. We will be sharing their resumes (with their permission) on the Trailing Partner Email Group.


Visit our relocation website LiveInGreatFalls.com. This website was the #1 request we got from local recruiters and HR professionals for aiding in attracting talented workers to Great Falls. The Great Falls At-A-Glance two-pager is a great complementary resource that highlights Great Falls for people unfamiliar with our community.


Of our online business planning tool, LivePlan, one said: "LivePlan is Awesome!" The LivePlan tool is helping streamline her strategy in preparation for presenting to bank partners. We offer LivePlan licenses for FREE to active clients. Learn more about LivePlan on our website.

Grow diverse economic opportunities that enhance quality of life.

GFDA is a certified Community Development Financial Institution and a 501(c)3 charitable organization. High Plains Financial is a certified Community Development Corporation that offers SBA 504 loans statewide. GFDA and High Plains Financial are Equal Opportunity Employers, Lenders and Providers.


GFDA is proud to host a Montana Small Business Development Center, a Montana Procurement Technical Assistance Center, and a Montana Food & Ag Development Center. We are also proud to provide office space for MSU's Montana Manufacturing Extension Center.


GFDA was the first economic development organization in the Rocky Mountain West to earn accreditation from the International Economic Development Council.

Great Falls Development Alliance | GrowGreatFallsMontana.org

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