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Rising Wolf Outfitters in East Glacier are well under construction on their new guide-shop and restaurant. Last fall they completed their rental cabins as seen by the before and after photos. We've gotten the pleasure of working on both financing and business advising with these great entrepreneurs. Congratulations Nicole and Tony!

1) We hosted three site visits—two with companies we’ve been working with to move their projects forward, and one with a new developer exploring opportunities to enter the Great Falls market. In each case, we connected them with local partners, utilities, and resources to help advance their decision-making. These visits reflect the growing interest in North Central Montana as a prime location for business expansion and investment. We’re seeing increasing momentum across all sectors as more companies recognize the strategic advantages our region offers. If you know of a business or developer considering our region, contact Christian Leinhauser at CLeinhauser@GrowGreatFalls.org or 1-406-836-0136.


2) We’re seeing incredible momentum with our 2025 Livability campaign! In just two months, the digital magazine has already surpassed 10.5K page views, putting us on pace to exceed last year’s full total of 31.3K. Our overall marketing reach through Livability content has now hit 224.6K, with over 200K social impressions and 13.2K engagements. Across Montana, our Livability presence has brought in 63.3K views, with 21.5K+ total users and 7.7K new users engaging with our content. Major traffic is coming from key recruitment cities like Denver, Dallas, and Seattle. All signs show that interest in Great Falls is growing rapidly, and our Livability tools are working to attract attention, talent, and investment. For more information or to explore how you can use the Livability campaign in your outreach, please contact Katie Carvell at 1-406-217-7635 or Katie@GrowGreatFalls.org


3) We were excited to learn that Great Falls was selected by an aerospace manufacturing company as the result of a site search RFI we responded to from the Montana Department of Commerce. The company shared that Great Falls offered the greatest potential of any market they evaluated and chose our region because of the ecosystem we’ve been building to support growth. While there’s still work ahead, we’re thrilled to welcome this new company to our community and continue growing our regional economy. If you're aware of companies exploring expansion, contact Christian Leinhauser at CLeinhauser@GrowGreatFalls.org or 1-406-836-0136.


4) Registration is open for GFDA’s Annual Meeting. Tuesday, June 17th, 8:00-10:00 AM at The Newberry. Join us as we reflect on the past year's achievements, share updates on projects, and outline our strategic priorities for the upcoming year, while also honoring this year’s Ally Award winners. Mark your calendars and register here. Reach out to Jenn at 1-406-781-9499 or Jenn@GrowGreatFalls.org for more information.


5) Our GFDA Small Business Development Center Business Advisors worked with several entrepreneurs this week on creative problem-solving for inventory, diversifying product/service offerings, branding and cash flow. Did you know that applying creativity is one of the fastest ways to move past being stuck? Inventors are creating all the time and it’s one of the best skills they bring to a business. We are pleased to have a special interactive webinar presentation, Think Like an Inventor, coming up this Thursday, June 5th at 11:00 AM. Our guest is Arnold Volker, is a lifelong inventor and manufacturing entrepreneur who has fostered innovation in others for over three decades. As owner of Next Innovations, Arnold has transformed the American manufacturing company from generic consumer décor to an industry leader in metal art and specialty coating. Under his leadership, Next Innovations serves clients from local businesses to The Walt Disney Company. The company originally sat alone on a 54-acre plot, but Arnold's passion for collaboration and innovation has inspired other companies to settle down nearby. Arnold transformed the space into a multi-revenue property with other manufacturers, coworking spaces, and even a U-Haul dealership. He has also been featured in the book, Mission Matters by Adam Torres. Don’t miss this free webinar! Register here.


6) Swing and Meat golf simulation and BBQ business opened in Great Falls. See more local business news on KRTV's Eye on Great Falls. Antique Brew Coffee & Tea opened in the Marketplace on Main in Cut Bank; see Cut Bank Pioneer Press. Progress is being made ion the Little Sage subdivision in Ft. Benton; see KRTV. Panera has applied for a building permit to construct a new restaurant in Great Falls; see TheElectric's Business Bites.


7) Kristen and the GFDA team made substantial progress on a major project this week, providing support and connections to evaluate power infrastructure and availability to meet the project requirements. Proactive communication and teamwork with our partners ensure that North Central Montana stays competitive and responsive to increasing energy demand.


8) Great Falls Regional APEX worked with a local manufacturer to explore how their innovative product line could meet the needs of government agencies. We helped them identify entry points into the federal marketplace and guided them in pursuing early-stage funding through the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs, federal initiatives that provide grant funding to help businesses develop new technologies without giving up ownership or equity. If you're a Montana innovator or manufacturer looking to break into the government marketplace, we can guide you every step of the way. To learn more, contact Shannon Clancy at SClancy@GrowGreatFalls.org or 406-590-1184 to learn more.


9) Congratulations to the winners of the annual Indian Equity Fund Grant! This year the highly competitive grant from the Montana Department of Commerce awarded $320,000 to support 25 Native American-owned businesses across the state. If you’re a Native entrepreneur in our region and would like to apply for the Indian Equity Fund Grant, reach out to our Small Business Development Center. We’re here to help!


10) New food and grocery options are coming to the Hi-line! Anna met with farmer and business owner, Tyler Streit, to discuss the development of the new grocery store, pizzeria, golf simulator and retail space, The Mercantile, in Chester, MT. This business will fill an important gap in Chester’s grocery and restaurant landscape while also helping to revitalize downtown Chester by offering another community gathering place.


11) Montana is one of a handful states who has a dedicated food and value-added ag manufacturing consultant on hand to assist small to medium sized manufactures with everything from facility design and process optimization to writing HACCP plans. GDFA's Food and Ag Development Center and MMEC's Claude Smith hosted a webinar to give an overview of some of MMEC's services and answer food manufactures questions. To watch the video, please go HERE. To check out the other trainings in our Tuesday Training webinar series, go HERE.


12) The Montana Facility Finance Authority has expanded their tax exempt and taxable bonding program to include energy generation. If you are a business interested in power generation, contact Kristen Blue at Kristen@GrowGreatFalls.org or 1-406-788-4989.


13) Congratulations to Leigh Larson of Creative Leigh Digital who recently had a Tik Tok and Instagram video go viral with over 4 million views and more coming in every day! In addition, Leigh was recently selected for a humanitarian trip to Pakistan and will be working with women and child refugees of war and environmental disasters. She is the ONLY American, serving alongside German and Swedish delegations. Leigh was also a finalist for the Stone-Campbell Journal essay on "Relationship Between Secular Democracy and Women's Rights in American History”. Our GFDA Small Business Development Center Business Advisors love seeing entrepreneurs and small business owners achieving success and implementing marketing and business strategies! If your business is looking to identify business strategies that will work for YOUR business, please reach out to 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. Our services are provided at no cost to you.


14) One major limitation to any local food system is simple visibility. You could live your entire life without realizing that a local farm sold fresh eggs just down the road. GFDA's Food and Ag Development Center partnered with Abundant Montana on a webinar showcasing this organization's work on solving this problem from both the consumer and business side. By offering a free Local Food Guide for consumers to find their local farmers and markets and offering food and farm businesses marketing services to increase their visibility, they are working hard to increase the % of Montana food on Montana plates. To watch the webinar, please go HERE. To watch other webinars in the Tuesday Training series, you can find them HERE.


15) Summer in Downtown Great Falls is peak season for businesses. This summer there are a handful of road construction projects that will interrupt the convenient access to some businesses, please continue to patronize businesses effected by the construction as these businesses rely on summer sales revenue to continue to serve Great Falls patrons. 


16) The Great Falls City Commission has directed Planning & Community Development staff to begin developing a program that would make “Workforce Housing” an eligible reimbursable expense within the Downtown Tax Increment Financing (TIF) District. Builders, developers, downtown business and property owners were invited to review an initial draft of the proposed program at two open meetings. Attendees had the opportunity to provide feedback, share insights, and help shape a policy that supports housing development in Downtown Great Falls. Your input is essential to ensuring the program is both effective and responsive to real-world needs. To submit your input, reach out to Lonnie Hill at lhill@greatfallsmt.net 


17) The former Hardees location in Downtown Great Falls is getting ready for demolition to make way for the new Clearwater Credit Union project. The building still contains commercial kitchen equipment. Interested in making use of the old equipment? Reach out to Jake Clark and he can put you in touch for more information: Jake@GrowGreatFalls.org or 1-406-403-4937.


18) Our freight logistics consultants, Moffat & Nichol, visited to look at future potential rail-served industrial sites, part of a project we commissioned them to undertake to help us find sites throughout the region.


19) The final competitive round of the Montana State Small Business Credit Initiative 2.0 (SSBCI 2.0) low-interest loan program opened on May 20th and closes soon. This program is designed to support businesses and projects that can benefit from affordable, low-interest financing. The application portal will close at the end of June 2025, and funding is extremely limited, with demand expected to be high. If your business or project could benefit from this opportunity, we strongly encourage you to begin discussions with the Great Falls Development Alliance (GFDA) as soon as possible. For more information or to explore your eligibility, please contact Jill Kohles at JKohles@GrowGreatFalls.org or 1-406-590-1056.


20) We’re now preparing to welcome the third class of Touro University students and are looking for businesses willing to donate 155 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.


21) Are you a Montana resident who has considered law school but can't commit to a full-time program? We'd like your input. We are conducting a quick anonymous survey to assess interest in a part-time law school option for Montana. Click here to take the survey. If you have additional questions email or call Jolene, JSchalper@GrowGreatFalls.org, 1-406-750-4481.


22) We held our annual Volunteer Appreciation event at the Opening Night of the Great Falls Voyagers!


23) Economic development doesn’t happen overnight. It takes time, patience, and the kind of long term commitment our investors and partners continue to show. Learn more about them here. They’ve been with us through the challenges and the opportunities, and because of their support, we’re seeing more housing, more jobs, more growth. Recent investments include: Leadership Division—Gusto Distributing; Pacesetter Division—M&D Construction; Community Division—Falcon, Lester & Schaff, P.C.; Supporter Division—BSPARK Architecture. Thank you for investing not just in us, but in the future of North Central Montana. To learn more about our work and how you can be a part of it, reach out to Vice President of Investment Jenn Gallmeier at 1-406-781-9499 or Jenn@GrowGreatFalls.org.


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 fantastic week!


Brett Doney

Great Falls Development Alliance

BDoney@GrowGreatFalls.org

1-406-750-2119


Connect with me on LinkedIn.


Forward the GFDA Top 10 to friends and colleagues. You can join our distribution list here or text GFDA to 22828.


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"Camaraderie doesn't happen by accident; developing a strong sense of trust, accountability, and togetherness around team goals requires intentional effort."

Don Yaeger


Edition 687

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

May 2025 SBA 504 Loan Interest Rates

The 25-year loan effective rate (including all fees) is 6.393%; 20-year at 6.410%; 10-year equipment loan at 6.204%; and, 25-year refinance 6.421%; 20-year refinance 6.440%. 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

The 2025 Livability Great Falls magazines are here! This is a great tool for employers to use to recruit talent to relocate to the Great Falls region. Hard copies will be distributed this week -- the digital version is now live—with interactive links perfect for showcasing all that Great Falls has to offer. Last year’s digital magazine saw 24.3K views and over 200.3K social impressions—proof that people are looking at Great Falls and liking what they see. Help us spread the word about the lifestyle, opportunities, and energy of Great Falls. Contact Katie Carvell for support and ideas on how to make the most of this resource at 1-406-217-7635 or Katie@GrowGreatFalls.org.


The Montana Department of Environmental Quality (DEQ) is offering an upcoming energy auditor training pilot program. DEQ is covering the costs for lodging, pre-requisites, class, and testing. For more information contact Sam Hall at 406-444-4960 or Sam.Hall@mt.gov


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.


Starting and Owning a Business includes a lot of moving parts. It’s easy to get caught up in all of the day-to-day tasks and not take a step back to pause, evaluate, make adjustments and gain new perspective. Our GFDA Small Business Development Center Advisors are ready and equipped to help entrepreneurs and business owners throughout the many stages of owning a business. If you are ready to evaluate where you are at and where you want to be, set some business goals, get a snapshot of your current financial situation or review your marketing strategy, please reach out to one of our Business Advisors: 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.


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.


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 Jake at Jake@GrowGreatFalls.org or 1-406-403-4937.


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!


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 2025 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.


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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