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GFDA supported the Defense Alliance, networking with DOD and USAF leaders at the Association of Defense Communities Installation Innovation Summit along with Cascade County Commissioner Joe Briggs and Defense Alliance Chair Steve Grooms of 1st Liberty Credit Union. We learned about many issues and opportunities that can help us support Malmstrom AFB and the Montana Air National Guard, and we learned how other defense host communities and states are aggressively supporting their military bases and missions.

1) Have you started a business in the Great Falls region? We want to celebrate you. Join us for the first annual Entrepreneur Celebration at the Newberry on November 20 from 5-6 PM and get recognized for your awesome achievement. Starting a business is not easy! This first year celebration is for anyone who has ever started a business in the entire 13-county trade area. Sign up in advance here so we have a head count!


2) We are excited to relaunch our entrepreneur startup class! Our first session will be held on Monday, November 4th, in Great Falls. Idea to Income is designed for aspiring entrepreneurs or business owners in the very early startup stage. The class will cover the basics of starting a business and introduce key concepts essential for launching a successful venture. For more information and to register click here


3) We pitched the Great Falls Montana region at the SelectUSA Canada event in Toronto, meeting directly with 20 companies in the Food, Ag, and Energy sectors while networking with over 100 other businesses and Site Selectors. Our participation underscored our commitment to international investment and showcased the unique benefits that Great Falls and North Central Montana can offer to Canadian investors. Through these outreach efforts, we positioned our community as an ideal location for business expansion while strengthening ties that support our economic development goals. If you are aware of an international business looking to expand or relocate, contact Christian Leinhauser at CLeinhauser@GrowGreatFalls.org or 1-406-836-0136.


4) The GFDA Small Business Development Team had a very successful Buying a Business Training in Choteau on Tuesday, October 29th. Five small business owners/potential business owners attended the training and we were able to connect them with appropriate resources and arrange for follow up business consulting to assist them throughout the buy/sell process. If you are thinking about starting, buying or selling a business, please reach out to a member of our GFDA Small Business Development Center: Christian Nichols, CNichols@GrowGreatFalls.org or 1-406-788-9385; Rich Gannon, RGannon@GrowGreatFalls.org or 1-406-836-2078; and Deb McGregor, Deb@GrowGreatFalls.org or 1-406-750-0314.


5) Congratulations to all the Food or Ag companies in North Central Montana who completed their Growth Through Agriculture (GTA) pre-applications this week. The GTA program was developed by the Montana Department of Agriculture to strengthen and diversify Montana's agricultural industry through competitive grants and loans. If you are a value-added ag processor or aspiring food manufacturer and would like to know more about the available resources and opportunities, reach out to Anna at Anna@GrowGreatFalls.org or at 1-406-590-1301.


6) Join us for the presentation of the Downtown Great Falls Market Analysis and Downtown Great Falls Economic Vitality Transformation Strategy on Wednesday, November 13th from 8:30-10:30 AM at Haute Hive in Downtown Great FallsYou can register here. For questions or to discuss investing in Downtown Great Falls, please get in touch with Nicki Dallison at Nicki@GrowGreatFalls.org or 1-406-750-2099.


7) Montana Renewables LLC (MRL) has delivered its first shipment of sustainable aviation fuel (SAF) to Detroit Metropolitan Airport (DTW), marking a significant step in decarbonizing air travel. The 7,000-gallon delivery reached Michigan’s Buckeye Pipeline and will be transported to DTW for use by Delta Air Lines. Bruce Fleming, MRL’s CEO, highlighted this milestone and the pioneering use of camelina oil—a renewable, non-food crop—that not only supports cleaner skies but also offers additional income potential for farmers. The impact of adding an additional oilseed crush plant in Great Falls could amplify this effort, providing a local source of renewable oil for SAF production, boosting the agricultural economy, and advancing Montana’s role in sustainable energy. If you know of an oil seed crush plant looking to expand, contact Christian Leinhauser at 1-406-836-0136 or email CLeinhauser@GrowGreatFalls.org.


8) We are partnering with Great Falls Association of Realtors on hosting a public information forum regarding Accessory Dwelling Units (ADUs) and Duplexes in residential zoning districts for Great Falls. The event will be held at 9:00 AM on Thursday, November 14th, register here for the event.  


9) The farmers market can be a great, low risk first step for producers and processors looking to start a business. To support new and experienced Farmer's Market Vendors thinking about joining their local Farmer's Markets in 2025, GFDA's Food and Ag Development Center hosted a webinar with NCAT's Tammy Howard to discuss NCAT's Farmers Market Vendor Success Program. Watch the recording here. You can see all our past training webinars on our youtube page. If you are interested in learning more about upcoming trainings, sign up for our newsletter here.


10) We are excited to share that the Otto Bremer Trust has approved a $1 million Program-Related Investment (PRI) to further GFDA’s mission of building a thriving economy. This investment allows us to focus on high-impact projects in our region. Thank you, Otto Bremer, for your partnership and trust in our vision! If you have a business that could benefit from these funds, contact Jill at JKohles@GrowGreatFalls.org or 1-406-590-1056.


11) We optioned another 42 acres of land for the Great Falls AgriTech Park, land needed for a large industrial prospect we are in the running for. We have been creating custom lots in the Park for businesses looking to start, expand or invest in new facilities in our region. The BNSF-certified Premier Park offers rail, water, sewer, gas, electric, multiple fiber providers, and heavy industrial zoning. Contact me, Brett Doney at BDoney@GrowGreatFalls.org or 1-406-750-2119.


12) Shannon Clancy, leader of our Great Falls Regional APEX Team, attended the National NAPEX Fall Conference in Washington, DC, networking with APEX Accelerators from across the United States and providing valuable insights that can greatly benefit Montana businesses as they prepare for the government marketplace. Sessions focused on key areas like cybersecurity assessments, best practices in government contracting, the benefits of government-led innovation research programs, and compliance standards for securing government contracts. By adopting new strategies, we can enhance businesses' contract readiness and effectively guide them through the complexities of government contracting. For more information on how to enhance your business’s readiness for government contracts and get the most value from Great Falls APEX resources, contact Shannon at SClancy@GrowGreatFalls.org or call 1-406-590-1184.


13) Do you know the benefits of C-PACE financing for your multifamily housing project? Last Best PACE, Montana's program, brings value to Montana commercial building owners by improving their bottom line. Last Best PACE can cover up to 100% of eligible project costs and payments are repaid through a special property tax assessment with terms of 20+ years. Reach out to Jake to find out how this tool can help your project move forward Jake@GrowGreatalls.org or 1-406-403-4937. 


14) Jenn attended the Grant Professional Association (GPA) Summit in Denver. GPA is an international membership association that helps professionals seek to improve their knowledge and skills in grant research, proposal development, and post-award grant management.  With improved skills as a grant writer, we can be more competitive when seeking federal grants and grants from private foundations to fund our strategic initiatives. 


15) Rich Gannon, GFDA Small Business Development Center Business Advisor, has been selected as a representative from Montana for the Capital Access Interest Section of the America’s Small Business Development Center (ASBDC). The group will address training for advisors, best practices and various topics on small business finance. Capital Formation, whether dollars or transactions, will be an SBA goal for the foreseeable future. This interest section group will be valuable to the entire Small Business Development Center network. Congratulations Rich!


16) We sent out a GFDA Investor Letter which gives an overview of our organizations focus to build capacity to enable us to generate greater mission impact. The letter includes links to updated board and council lists, organization chart, and other organizational information.


17) We are looking for employers in the region to participate in the 2025 issue of Livability Great Falls, our talent attraction print and online digital magazine. If you are interested in recruiting talent, please contact jenn Gallmeier at Jenn@GrowGreatFalls.org or 1-406-781-9499.


18) GFDA welcomed Jennifer Goodover to our team as our new Lending Associate. Jennifer has a background in lending and real estate and we are excited for her to bring her expertise to help support our lending efforts with a focus on originating and closing loans. 


19) We’ve helped thousands of businesses start up, increase revenue, grow their customer base, prepare to sell their business, secure government contracts, and find financing. We have so many success stories to share and are excited welcome Katie Carvell to our team to share their success stories so we can help more! If you have a business success to share that can inspire others, reach out to Katie, Katie@GrowGreatFalls.org or call her at 1-406-217-7635.


20) The government buys everything and we want our local businesses to expand their success with government contracting. To do that we needed another team member and found her! Mariah Liebing has join our team as a new APEX Accelerator Advisor. She will be able to help companies get registered in SAM so they can apply for government contracts or get certifications they qualify for to attain additional services and contracts. Reach out to Mariah at Mariah@GrowGreatFalls.org and 1-406-217-2174.


21) We Are Growing Our Awesome Staff Team and have excellent career opportunities. Download a description of openings for Loan Officer and Lending Solutions Specialist. Contact Tracy for more info at Tracy@GrowGreatFalls.org.


22) The Montana Manufacturing Extension Center is seeking a Business Advisor based in Great Falls to support manufacturers in the region. See description on Facebook.


23) GFDA operates as a partnership driven by our dedicated team of investors and public partners. Together, we create a lasting impact in our region. Learn more about the team behind our work by watching this short video. Recent investments include: Flagship Division—Arc Apartment Homes. We are proud to be part of a community focused on progress and growth. To learn more about our work and how you can get involved, contact Investment Director Jenn Gallmeier at 1-406-781-9499 or Jenn@GrowGreatFalls.org.


If you haven't already, don't forget to vote!


Brett


Brett Doney

Great Falls Development Alliance

BDoney@GrowGreatFalls.org

1-406-750-2119


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!


"A hero is someone who understands the responsibility that comes with his freedom."

Bob Dylan



Edition 657

DOWNLOAD OUR ECONOMIC DEVELOPMENT STRATEGY
DOWNLOAD OUR GFDA SERVICES AND STAFF TEAM HANDOUT
DOWNLOAD 2024Q3 QUARTER INDEX

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 Brett Doney at 1-406-750-2119 or BDoney@GrowGreatFalls.org

DOWNLOAD AGRITECH FLYER

October 2024 SBA 504 Loan Interest Rates

The 25-year loan effective rate (including all fees) is 6.033%; 20-year at 6.100%; 10-year equipment loan at 5.865%; and, 20-year refinance 6.130%; 25-year refinance6.062%. 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

If you’re looking to expand or start your business through purchasing a commercial building for your future location, make sure to talk to Christian Nichols, Brownfields Project Manager, so we can see if you qualify for an Environmental Site Assessment paid for by EPA. You don’t know what environmental conditions or possible contaminates exist until you have an assessment completed. With our help you could save thousands of dollars and have confidence in your purchase knowing all contaminates are identified and assessed. For more information, please call Christian Nichols at 406-788-9385 or email at CNichols@GrowGreatFalls.org


Are you planning any international marketing activities in 2024? The State Trade Expansion Program (STEP) run by the Export Montana team at the Montana Department of Commerce has a host of export support services and federal grants available for businesses up to $12,000. They're awesome to work with! Our Small Business Advisor, Rich Gannon, can help too and he is also awesome! RGannon@GrowGreatFalls.org or 1-406-836-2078.


GFDA is partnering with Great Falls Tourism to retain a public relations/earned media partner to support our joint efforts to grow visitation to Great falls and attract workforce talent and entrepreneurs to relocate here. See RFP. to Great Falls Tourism has also posted a new Regional Tourism Director position Please Share this unique opportunity with people you think would be a good fit for the opening.


We have issued an RFP to find a consultant(s) to conduct an in-depth market demand assessment for new indoor and outdoor recreation and entertainment offerings and venues in the Great Falls Montana trade area. This project builds on recent strategic planning done by Great Falls Tourism, Central Montana Tourism, and the state's tourism leaders at the Montana Department of Commerce. Once the market analysis is completed, we will work with the consultant(s) to put together a new economic development strategy to grow and diversify recreation and entertainment industries in our region. Recreation and entertainment industries are important both for growing tourism, which is a primary sector industry that brings new dollars in, and to retain and attract workforce talent and improve quality of life for residents. Download RFP and please help us publicize it to attract the interest of experienced consultants in the recreation and entertainment industries.


Our freight logistics consultants, Moffat & Nichols, completed key findings of the Great Falls Region Freight Market Assessment and Economic Development Strategy Recommendations. This comprehensive study offers valuable insights into the logistics industry and its potential in our region. We have already begujn work implementing some of the recommendations. Others will need to wait until we work with our partners to secure more resources. Logistics are a key consideration for existing manufacturers in our region, and in attracting new investment in manufacturing operations.


Jake's webinar focused on housing development opportunities in Great Falls in partnership with Urban Land Institute is now available online with the access code: E#aZ48D2. Additionally, Jake's interview with David Saslav on "Voices & Views V2.0" is also available to stream online. 


Great Falls Regional APEX is assisting multiple businesses in preparing for the Woman-Owned Small Business (WOSB) and 8(a) Program certification processes. U.S. Small Business Administration (SBA) will temporarily pause certification applications from August 1st to early September for necessary system upgrades. This presents an excellent opportunity to verify your Eligibility for certifications such as WOSB, 8(a), HUBZone, and SDVOSB. To ensure you're prepared to apply for the certification that best suits your business when the portal reopens in September, contact Shannon Clancy at SClancy@GrowGreatFalls.org or 1-406-590-1184.


Did you know that the SBA 504 rates have been dropping the last few months? Jill had a meeting with a banker and his client this last week who needed a solution for being short on the bank required down payment to start and construct their new business. We discussed the SBA 504 option that partners with the bank to allow the client to bring in as little as 10% equity and has the extra benefit of low interest rates that are fixed for up to 25 years. The client and banker are excited about this opportunity and the SBA 504 loan will also help the client preserve additional cash for working capital. If you have a project that needs a creative solution, please reach out to Jill Kohles at JKohles@GrowGreatFalls.org or 1-406-750-4481.



The Preventative Control Qualified Individuals (PCQI) certification is required for Food companies reregister under section 415 of the Federal Food, Drug, and Cosmetic Act (FD&C Act) barring any exemptions or modified requirements that might apply. If you are a local food business who needs a certified PCQI on staff, please reach out to Anna. We are putting together a list for an upcoming training. You can reach Anna at 1-406-590-1301 or Anna@GrowGreatFalls.org


Cybersecurity is a top priority for the Department of Defense (DoD). Great Falls Regional APEX is helping small businesses by providing consultation and guidance on the new cybersecurity standards that will be mandated for federal government contracting. If your company handles Controlled Unclassified Information (CUI) or Federal Contract Information (FCI) not intended for public use, you must meet specific security standards. As a basic requirement, you need a Cybersecurity Maturity Model Certification (CMMC) Level 1, which demonstrates that your business has security measures in place to protect sensitive data. CMMC 2.0 is expected to start in 2025, with full integration into all Department of Defense (DoD) contracts by 2028. Get ahead of the game! Contact Shannon Clancy at SClancy@GrowGreatFalls.org or 1-406-590-1184.


The Montana Department of Commerce's Automation Loan Program is designed to extend financial assistance to Montana-based manufacturing enterprises seeking to upgrade, replace or expand their equipment. The program has extended the timeline for obligating funds through an executed commitment letter in this funding cycle to December 31st. Applicants are encouraged to work closely with participating lenders and program staff to ensure this deadline is feasible with the proposed project. Businesses, or lenders on behalf of a business, can apply on Commerce's website. Questions? Contact Patsy Rasch at Commerce at patsy.rasch2@mt.gov or 1-406-841-2748.


The USDA Agricultural Marketing Services has partnered with Cornell's Small Farms Program to offer 6 months of free introductory course for beginning urban farmers. If you are interested in beginning your own small farm in North Central Montana or would like to know how to sell your produce at your local Farmers Market, please reach out to Anna at Anna@GrowGreatFalls.org or 1-406-590-1301. 


Is your SAM.gov registration due to renew in the next few months? 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 U.S. Small Business Administration (SBA) has recently announced that it will temporarily pause accepting applications for federal small business certifications beginning August 1st through September as it performs system upgrades to its certifications portal. If you’ve been working on your certification application, we recommend completing your submission before August 1st. If you aren’t in a rush to certify (or re-certify) your business, the SBA plans to re-open its certification portal and continue accepting applications in early September. Contact Shannon Clancy at SClancy@GrowGreatFalls.org or 1-406-590-1184.


The 2024 Great Falls Housing Market Assessment shows a need for 650 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.


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.


Great Falls Recruiters and HR professionals! Here is a link to our Talent Attraction Toolkit and the 2024 Great Falls Livability Magazine, part of our effort to help local businesses attract the talent they need for key positions. 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 share their resumes (with their permission) on the Trailing Partner Email Group.


The Great Falls Population Economic Impact Report documents an $88 million positive impact on the local economy from population growth in the last five years, and estimates economic impact of population growth over the next 10 years.


Manufacturers, if you don't get the monthly newsletter from the Montana Manufacturing Extension Center you are missing out on great training and other resources.


The Montana Department of Agriculture is partnering with the USDA and the Agricultural Marketing Services to help strengthen the resiliency of Montana food systems. Is your food company focused on middle-of-the-supply-chain activities such as processing, aggregation, or distribution of targeted agricultural products? If so, there is a new funding opportunity for your projects. Discuss this new opportunity and check your eligibility with Anna by reaching out at Anna@GrowGreatFalls.org or 1-406-590-1301.


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.


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 Nicki at 1-406-750-2099 or Nicki@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 Jake Clark at Jake@GrowGreatFalls.org or 1-406-403-4937 to be connected with a JobsEQ-trained Business Advisor today. To learn more about GFDA's other talent attraction tools, visit our website


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 Tracy@GrowGreatFalls.org to be included in the Hot Jobs in Great Falls blog post.  


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.


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. For 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.



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 Christian Nichols at 1-406-788-9385 or CNichols@GrowGreatFalls.org. We also have some small business or nonprofit startup/expansion loan funds available for Glacier and Blaine counties.


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.


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.

Our Mission is to 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 APEX Accelerator, and a Montana Food & Ag Development Center. GFDA is a certified Montana MicroBusiness Development Corporation.


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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