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Congratulations to the business owners, entrepreneurs and GFDA staff who participated in our inaugural Business Blitz!

1) The GFDA team hosted the inaugural Business Blitz, a full-day training for small business owners and aspiring entrepreneurs. Our registrations reached the 50-person capacity. Next time we'll book a bigger room! Our GFDA Small Business Development Team including Christian Nichols, Rich Gannon and Deb McGregor presented on topics ranging from business startup to financial management and marketing. An interactive panel during lunch was facilitated by Jolene Schalper, GFDA Executive Vice-President. The panel featured GFDA team members including: Shannon Clancy from APEX; Katie Carvell, GFDA Marketing and Communications Officer; Jake Clark, GFDA Vice-President of Development; and Shandi Gebhardt Jones, GFDA Loan Officer. Feedback from the Business Blitz has been excellent including this comment provided on an evaluation by a participant, “ I think everything was excellent and not a minute of the training was wasted”. Those who attended want more (be looking for Business Blitz 2.0) and those who couldn’t attend would like us to do another Blitz. Stay tuned, there is more to come! In the meantime, if you have an idea for a business and want to get initial training, plan on joining us for Idea to Income on April 7th at 5:30 PM at the GFDA Office. Click here for additional information and details.


2) Montana Renewables' expansion is progressing with unfreezing of its $1.44 billion federal Department of Energy loan guarantee. This project will make Montana Renewables the largest Sustainable Aviation Fuel manufacturer in the world. See the full article in TheElectric and story on KRTV.


3) The Fire Within Awards celebrate bold, trailblazing female entrepreneurs who make a difference in our region. Nominations are open now but close on February 21st —don’t wait! Join us on March 6, 2025, at The Newberry for an inspiring evening honoring these incredible women. This year, Fire Within coincides with the first annual Feisty Women Week—don’t miss it! RSVP today! Doors open at 5:00 PM, program starts at 6:00 PM. Questions? Contact Katie Carvell at 406-217-7635 or Katie@GrowGreatFalls.org


4) Congratulations Dick Anderson Construction on 50 years! Since 1975, DAC has built infrastructure, created jobs, and supported economic growth across Montana, Wyoming, and Arizona. Their work continues to shape communities and industries. A valued GFDA partner and investor since 2002, DAC remains committed to strengthening communities and driving development. Check out their 50-year video and join us in celebrating this milestone. Here’s to many more years ahead!


5) We continued to make progress on several major projects in our region, reinforcing the strong momentum for growth and investment. These projects span multiple industries, from advanced manufacturing to value-added agriculture, further strengthening our regional economy. Thank you to everyone who responded to our regional site search for a logistics company considering expansion in our area—your support helps showcase the opportunities North Central Montana has to offer. If you know of available sites or businesses looking to grow or expand to North Central Montana, contact Christian Leinhauser at CLeinhauser@GrowGreatFalls.org or 1-406-836-0136.


6) Congratulations to the City of Shelby on winning a $700,000 federal Community Development Block Grant through the Montana Department of Commerce to invest in its wastewater system.


7) We identified a dozen targets likely to succeed in downtown Great Falls and have shown success in multiple Montana cities. What businesses should be on our target list for downtown? Reach out to Nicki at Nicki@GrowGreatFalls.org or 1-406-750-2099.


8) Goldman Sachs 10,000 Small Businesses kicked off this week with a training orientation for the faculty, moderators, and business advisors on site at Great Falls College-MSU. Goldman Sachs 10,000 Small Businesses program teamed up with Great Falls College-MSU to offer entrepreneurs in the State of Montana a free, practical business training program and personalized support services to help grow their business. The small business owners gain practical skills and professional support necessary to develop a strategic and customized growth plan that can help take their business to the next level.


9) One of our major housing projects met a new milestone and is beginning their capital raise process to fund their single family development. Since Great Falls is an emerging market, many capital groups are unfamiliar with the opportunity for great returns and solid partnerships available in our region. In addition to targeting developers for housing production we also work to put the Great Falls market on the radar for groups whose investments make projects move forward. Jake is currently working on a growing target list of investment groups that have an interest in our region. What data does your group look at when evaluating a new market? Reach out to Jake for more information Jake@GrowGreatFalls.org or 1-406-403-4937.


10) We have awesome entrepreneurs in our trade area. Read the Lewistown News article about Trey and Marie Gacke's creation of Maiden Montana Pet Treats in Lewistown. TheElectric notes in its Business Bites four new businesses opening in Great Falls, Foot of the Cross Christian Store, Fit Life Health Club, Soda Station, and Swinging Meats.


11) Great Falls Regional APEX assisted 12 businesses in preparing for the government marketplace, helping them navigate the complex processes of creating profiles in payment platforms like Procurement Integrated Enterprise Environment (PIEE), registering as a vendor with the State of Montana in the Electronic Montana Acquisition and Contracting System (eMACS), and creating a profile in the Supplier Performance Risk System (SPRS) to upload their Cybersecurity Maturity Model Certification (CMMC) score. These are essential platforms that are part of building a strong foundation in the federal marketplace. If you’re ready to build a foundation that will position you for the government market, contact SClancy@GrowGreatFalls.org or 1-406-868-8343.


12) The Downtown Development Partnership of Great Falls released that in 2024, "over $12.5 million invested in renovating/rehabilitating downtown buildings, $146K in public investment, and 18 new businesses chose to locate downtown which created approximately 100 new jobs. The investment of over $12.5M in renovation/rehabilitation of downtown buildings shows the consistent growth happening, and our community’s dedication to making downtown a thriving place to be." 


13) Barley makes up 8% of Montana's agriculture, but planted acres are declining across the state. During the tri-annual Golden Triangle Barley Conference, Anna networked with key stakeholders in the barley industry to identify unique targets for our region and generate leads from local businesses. While in Conrad, she also worked with high-priority projects in our pipeline. If you have a business idea that involves value added barley products, reach out to Anna at Anna@GrowGreatFalls.org or 1-406-590-1301.


14) We approved providing a free Phase I environmental assessment for the potential purchase of a commercial property for a local business in downtown Great Falls.  If you’re looking to redevelop a current facility or purchase a commercial building for a new or existing business, please contact Christian Nichols at CNichols@GrowGreatFalls.org or 1-406-788-9385 prior to redevelopment or purchase to make sure there are no recognized environmental contaminates.


15) Is your business website invisible to potential customers? You're not alone. GFDA Small Business Development Center Advisor Rich Gannon recently helped two small business owners boost their search engine visibility with one simple change: optimizing their homepage content. The key to getting found online starts with the basics: clear, professional writing that accurately describes your products or services, combined with strategic keywords that your customers actually use when searching. Want another set of eyes on your website? Contact Rich Gannon, one of our GFDA Small Business Development Center Advisors at RGannon@GrowGreatFalls.org or 1-406-836-2078.


16) Energy is a hot topic when temps are so cold! Are you curious about energy audits, energy efficiencies, solar installations, heat pumps, refrigeration upgrades or other energy related topics for your business? Do you know a business that would be a great fit for our region to keep growing our energy industry sector? Kristen Blue wants to talk to you! Please contact her at 1-406-788-4989 or Kristen@GrowGreatFalls.org


17) The Downtown Development Partnership in collaboration with the Montana Main Street Program Wayfinding Project is now complete! After planning in 2019 and installing motorist signage in 2021, the project concluded with adding 10 informational kiosks. These kiosks are located at key spots, including Gibson Park, Whittier Park, the University of Providence, Montana Veterans Memorial, Scheels Aim High Big Sky Center, Seibel Soccer Complex, City Dog Park, West Bank Trail, and the Airport, enhancing navigation and the visitor experience in Great Falls.


18) The Montana Manufacturing Extension Center (MMEC) has a new advisor in our region. Carolyn Kelman joins the staff as a business advisor for the Great Falls Region and Northeastern Montana. She has a broad skill set in manufacturing operations with particular expertise in continuous improvement, supply chain optimization, logistics, and warehouse management. Learn more about her experience reading the MMEC newsletter, here. Welcome to the team Carolyn! You can reach her at Carolyn.Kelman@Montana.edu.


19) Continued work with the International Economic Development Council and partners in preparation for hosting IEDC's first ever Rural Retreat in Great Falls June 23-25, 2025. The event is expected to attract over 500 economic development practitioners and site selection consultants to our region. Each day of the Retreat the participants will be traveling into rural communities in our region to learn and share, then returning to downtown Great Falls each evening to brainstorm the future of rural economic development. If you would like to be involved as a sponsor, please contact Jenn Gallmeier at 1-406-781-9499 or Jenn@GrowGreatFalls.org


20) This week I testified in support of House Bill 104 which would make Montana more competitive in attracting capital-intensive business investment by enabling the Montana Facility Finance Authority to issue conduit bonds. The legislation would particularly help business investment in rural counties. Anytime we can make Montana more competitive without cost or risk to the taxpayer it's a slam dunk!


21) Testified in opposition to House Bill 389 which would wipe out energy development across the state, in particular the potential for an estimated $11.5 billion in wind energy investment in the Great Falls trade area. The last thing we need is more government regulation that makes Montana less competitive, driving private investment to other states. Energy development produces high wage jobs, state and local tax base, and revenue for property owners.


22) We continued this week to invest significant time and money into trying to create and locate industrial sites needed by businesses wanting to invest in our region. Thank you to the partners who are helping overcome challenges to make this happen. The Great Falls economy cannot strengthen and grow if companies do not have the sites they need.


23) Interested in joining GFDA's Investment Committee? Work with a dedicated team to grow our resources and build connections with businesses, helping drive economic growth in the Great Falls region. Contact Jenn at 1-406-781-9499 or Jenn@GrowGreatFalls.org to learn more and get involved!


24) We're growing our GFDA Staff Team with a new Accounting Assistant position. Download the Accounting Assistant Career Opportunity and please forward it to great candidates.


25) Thank you GFDA investors and public partners! Their support has allowed our team to help businesses expand, secure funding, assist entrepreneurs, and attract new industries. Watch this short video to learn more. Recent investments include: Leadership Division—Nelson Architects. If you’d like to learn more about our priorities and how you can support our work, reach out to Investment Director Jenn Gallmeier at 1-406-781-9499 or Jenn@GrowGreatFalls.org.


A shout-out to the great local, regional and cross-border partnering that is enabling us all to achieve much more!


Brett


Brett Doney

Great Falls Development Alliance

BDoney@GrowGreatFalls.org

1-406-750-2119


Connect with me on LinkedIn.


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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

February 2025 SBA 504 Loan Interest Rates

The 25-year loan effective rate (including all fees) is 6.283%; 20-year at 6.350%; 10-year equipment loan at 6.642%; and, 25-year refinance 6.312%; 20-year refinance 6.380%. 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

Inside each monthly edition of our new newsletter, Investing in Downtown Great Falls you’ll find a curated mix of news, updates, and resources designed to celebrate and support our downtown Great Falls businesses and building owners. If you are ready to invest in Downtown Great Falls, contact Nicki at Nicki@GrowGreatFalls.org or 1-406-750-2099.


Are you a specialty crop (ie anything not wheat, barley, oilseeds, or soy) producer or processor? Or do you work with specialty crop producers or processors? If so, please not that the 2025 Specialty Crop Block Grant is now opened. Applications are due by Feb 28th at 5:00 PM. If you would like to discuss your project or find other funding opportunities for your value-added ag project, reach out to Anna at Anna@GrowGreatFalls.org or 1-406-590-1301.


SAVE THE DATE! Get ready for Montana APEX GovMatch 2025, the government contracting matchmaking event of the year hosted by our Great Falls Regional APEX. This premier matchmaking event is where businesses meet with government agencies to build relationships and explore opportunities to secure contracts. This event is designed to facilitate introductions and connect agencies with quality leads while fostering impactful partnerships that benefit communities and drive economic growth. When: Wednesday, August 13, 2025, Where: University of Providence in Great Falls. For more information, contact SClancy@GrowGreatFalls.org or 1-406-868-8343 and Mariah Liebing at Mariah@GrowGreatFalls.org or 1-406-217-2174.


Made in Montana Trade Show wholesale buyer registration is open. Join the Montana Department of Commerce at the 2025 Made in Montana Trade Show on March 7. If you own, manage or buy for a retail store, shop or restaurant, you can pre-register as a wholesale buyer on our website.


Registration for the Montana Department of Commerce’s Governor’s Conference on Tourism is open through April 1st. The event will feature a wide variety of sessions focusing on a "The Road Ahead" theme. Hear from industry leaders and get the inside scoop on what tourism is looking like in Montana. 

The Great Falls Business Improvement District has grants available for businesses and property owners located in the BID. Contact Kellie Pierce at 1-406-727-5430 or kellie@downtowngreatfalls.net. Stay ahead of the curve in Downtown Great Falls! Our new monthly newsletter, "Investing in Downtown Great Falls," delivers monthly insights and opportunities for business and building owners downtown. Sign up today! Questions? Contact Nicki at Nicki@GrowGreatFalls.org or 1-406-750-2099.


Are you hiring? Our Hot Jobs Program is the perfect platform for employers to share their job openings! By sending us your listings, your opportunities could be featured on our Hot Jobs blog and shared across our social media channels for maximum visibility. Relocating with a partner or family member? Our Trailing Partner Program ensures no one gets left behind. Many times, for someone to accept a position, their partner also needs a job secure – and we’re here to help! Send us their resume (with permission), and we’ll share it within our network. You never know who’s hiring! Let’s work together to make Great Falls the perfect place for new opportunities. For more information contact our Marketing and Communications Officer Katie Carvell at 1-406-217-7635 or Katie@GrowGreatFalls.org


Are you interested in exploring government contract opportunities but unsure where to start?  Great Falls Regional APEX provides the tools, knowledge, and guidance needed to navigate the government marketplace. We simplify the key steps of registration, research, and response, streamlining the process to ensure your business is prepared for contract opportunities. Whether you’re new to contracting or looking to expand your reach, we can help you identify opportunities, build valuable connections, and achieve your goals. To learn more, contact Shannon Clancy at SClancy@GrowGreatFalls.org or 1-406-868-8343 and Mariah Liebing at Mariah@GrowGreatFalls.org or 1-406-217-2174


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 1-406-788-9385 or email at CNichols@GrowGreatFalls.org.


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. 


Are you planning any international marketing activities in 2025? 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.


Cybersecurity is a top priority for the Department of Defense (DoD)! Is your business prepared for the new cybersecurity standards in federal contracting? If your company manages Controlled Unclassified Information (CUI) or Federal Contract Information (FCI), you must comply with specific standards. For contractors working with the federal government, the minimum requirement is Cybersecurity Maturity Model Certification (CMMC) Level 1. This self-certification verifies that your organization has implemented fundamental security measures to safeguard FCI. To begin your self-assessment journey, contact Shannon Clancy at SClancy@GrowGreatFalls.org or 1-406-868-8343 and Mariah Liebing at Mariah@GrowGreatFalls.org or 1-406-217-2174


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.


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.


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. Visit our relocation website LiveInGreatFalls.com. 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 Katie Carvell at Katie@GrowGreatFalls.org or 1-406-217-7635.


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. MMEC 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.


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.


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. 


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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