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1) Benefis Health System has submitted permit application to the City of Great Falls to construct a Healthy Aging Center on 10th Avenue South. McDonalds has applied for permit to build a new restaurant in front of Walmart at the east end of 10th Avenue South. Homegrown Dental submitted an application to build a new building on 7th Street South in Great Falls. See TheElectric's Business Bites for more details.
2) We hosted a field visit by Hunden Partners, the consulting firm we hired to conduct a recreation and entertainment market assessment for the region. We toured much of the region from East Glacier to Fort Benton talking with local businesses about expanding and diversifying indoor and outdoor recreation and entertainment. Thank you to the many businesses and partners who participated in meeting with the team.
3) We had initial discussions with a multinational metals company specializing in critical materials that is exploring potential opportunities in North Central Montana. While still early in the process, this conversation highlights the continued interest in our region’s infrastructure, workforce, and access to key resources. We look forward to continuing the dialogue as they evaluate the potential for expansion. If you know of companies considering relocation or investment, contact Christian Leinhauser at CLeinhauser@GrowGreatFalls.org or 1-406-836-0136.
4) Congratulations to Maya Babish, owner of Artfull Motion Pilates on her recent move to Downtown Great Falls, 18 5th Street South. Maya hosted an Open House on Saturday April 12 from 3:00-6:00 PM to welcome clients, investors, colleagues and those who helped her transition and expand her business. If your business is looking at relocating or expanding, please reach out to our GFDA Small Business Development Center. Our services are provided at no cost to you. We have three Business Advisors ready to assist you: 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) We published our GFDA Quarter Index 2025Q1.
6) We're proud to sponsor the Montana Economic Developers Association's Spring Conference in Livingston April 22-24. For more info and registration, click here.
7) The Montana Cooperative Development Center and the Montana Council of Cooperatives are hosting the inaugural Montana Cooperative Academy in Great Falls May 12-14. Designed specifically for the Montana Cooperative Community, the academy will focus on building cross-sector connections, learning how cooperatives of all shapes and sizes shape Montana's economy, lessons in cooperative leadership, and leaving with a stronger cooperative network and tangible items you can implement at home. Learn more and register here.
8) Christian Nichols, a GFDA Small Business Development Center Business Advisor, facilitated the Idea to Income class for future entrepreneurs to 8 attendees. During this training, Christian covered the general steps for starting a business including business plan writing, legal entities, EIN formation, basic accounting, and financial projections. We have several upcoming trainings. Thursday, May 1st, 11:00-11:30 AM-ONLINE: Building an On-Line Business through Amazon. To register, click here. Thursday, May 8th, 8:30 AM-12:00 PM: Springhill Suites: Business Blitz 2.0. The event is structured around four focused modules designed to address critical aspects of business success: Building Time and Boundaries for Business Owners, Creating Your Digital Marketing Footprint, Understanding Business Financial Statements and Building a Storyboard for Business Branding. For additional information and registration, click here. May 13th, 8:00-9:45 AM: GFDA AE2S: Buying and Selling a Business: Key Considerations for a Successful Transition. Register by clicking here. If you’re interested in starting a business, please reach out to Christian at 1-406-788-9385 or CNichols@GrowGreatFalls.org.
9) Governor Gianforte signed HB 120, a bill we supported that expands C-PACE financing in Montana to include multi-family housing. This creates another financing tool for multi-family renovation and new construction. Contact our housing leader, Jake Clark at 1-406-403-4937 or Jake@GrowGreatFalls.org or our energy leader Kristen Blue at Kristen@GrowGreatFalls.org or 1-406-788-4989 for more info.
10) April SBA 504 Rates. The 25-year loan effective rate (including all fees) is 6.432%; 20-year at 6.450%; 10-year equipment loan at 6.337%; and, 25-year refinance 6.461%; 20-year refinance 6.480%. 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.
11) Anna met with a local value-added food business this week to discuss project costs and funding strategies to assist their start up. We identified that the Montana Department of Agriculture's Business Acceleration and Marketing program (BAM) would be a good option to assist in food safety training and small equipment purchases. BAM can also assist businesses looking to attend out of state marketing trade shows, product and label design, or website development for e-commerce. If you are a food or ag business interested in seeing if your expansion or start up project would be a good fit for this program, reach out to Anna at Anna@GrowGreatFalls.org or 1-406-590-1301.
12) Congratulations to the Shelby Safari on reopening! Under new management, the indoor playground celebrated with a ribbon cutting this week. Read the Shelby Promoter for the full story.
13) Spring proposals for NorthWestern Energy’s E+ Renewable Energy program are due May 1. This program offers a limited amount of funding for renewable energy installations on non-profit, government, and public buildings. Learn more about the program and application process here. To discuss energy projects and initiatives of all sizes, reach out to Kristen Blue at Kristen@GrowGreatFalls.org or 1-406-788-4989.
14) We’re now preparing to welcome the third class of Touro University students and are looking for businesses willing to donate 145 items to help greet the new students and make them feel at home in our community. If you’d like to contribute this year, please reach out to Jenn at 1-406-781-9499 or Jenn@GrowGreatFalls.org to coordinate the details.
15) JOIN US FOR THE MONTANA APEX GOVERNMENT CONTRACTING MATCHMAKING EVENT OF THE YEAR! Great Falls Regional APEX is proud to host the Montana APEX GovMatch 2025 event at the University of Providence on Wednesday, August 13th. This event is designed to connect suppliers with federal, state, and local government buyers, as well as prime contractors, fostering relationships and creating opportunities for government contracting success. Whether you're a supplier showcasing your capabilities or a buyer seeking qualified suppliers to meet contracting needs, this GovMatch event is for you! Registration is now open to both buyers and suppliers: CLICK HERE! For more details or to prepare for this event, contact Shannon Clancy at SClancy@GrowGreatFalls.org or 1-406-590-1184.
16) Congratulations to Pizazz for being contacted by the Food Network to assist in looking for and identifying sibling bakers for their next kids baking show. The current casting for the next season involves a nationwide search for kids ages 8-14 who love to bake! Pizazz’s reputation for unique kitchen utensils, incubator food businesses, corner market items and experimental/teaching kitchen have brought national attention to the store and Great Falls. For those who may be interested in a chance to audition, there is an application process. Insiders tell us to put down Madison where it asks how you heard about casting so your application can get flagged faster.
17) Mark you calendars, the Great Falls Association of Realtors is hosting a Housing Summit on Thursday, April 24 from 9:00-11:00 AM. Register here to join the solutions-focused conversation about housing production in Great Falls.
18) We're booking meetings with businesses who will be participating in the SelectUSA Investment Summit in DC this May. We're also booking meetings with businesses and developers who will be participating in the annual ICSC commercial real estate show in Las Vegas in May.
19) Economic development is a team effort, and we’re grateful to have a strong, committed network of investors and public partners who share our vision. Learn more about them by viewing this short video. Recent investments include: Community Division—Cascade County Tavern Association and Cogswell Insurance. Their support and collaboration make it possible to move quickly, think big, and work strategically to grow our economy and improve quality of life in our communities. To learn how you can join the team, reach out to Vice President of Investment Jenn Gallmeier at 1-406-781-9499 or Jenn@GrowGreatFalls.org.
20) Jolene discussed our economic development strategy with a local PEO group. Community engagement is critical to success and we want to meet with your team or group. We'd be happy to come and chat about our overall strategy or a specific topic. Reach out to Jolene to schedule an engagement, 1-406-750-4481.
21) Join GFDA’s investment committee! Help us secure the resources that power business expansion, job creation, and community transformation across North Central Montana. Contact Jenn at 1-406-781-9499 or Jenn@GrowGreatFalls.org.
22) In June, we will host the first ever International Economic Development Council's Rural Retreat. This gathering of 400-500 professionals will focus on growing rural communities we are excited to feature immersive experiences in White Sulphur Springs, Choteau, Conrad, Fort Benton, and Cut Bank. If you're interested in being part of the retreat or want to learn more, reach out to Jolene at 1-406-750-4481 or JSchalper@GrowGreatFalls.org. For unique sponsorship opportunities, contact Jenn Gallmeier at 1-406-781-9499 or Jenn@GrowGreatFalls.org.
23) Immediately following the IEDC Rural Retreat, RMI is hosting an Energy Bootcamp for Economic Developers in Great falls on June 26th. Click for more information.
24) We're growing our GFDA Staff Team with a new Accounting Assistant position and a new Business Development Officer - Defense position, and we have an opening for a Business Development Officer - Downtown Great Falls. Download our Career Opportunities and please forward it to great candidates.
Another busy, productive week helping move the Great Falls regional economy forward!
Brett
Brett Doney
Great Falls Development Alliance
BDoney@GrowGreatFalls.org
1-406-750-2119
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“Pessimism leads to weakness, optimism to power.”
William James
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