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1) Benefis Health System's Sanavita Estates Independent Living development, a 64-unit apartment building and 28-single family villas received unanimous approval for an adjustment to PUD zoning by the Great Falls City Commission. Brett spoke in favor of the project and there was no opposition during the public hearing. We have a great track record of municipal approvals by our elected commissioners in Great Falls. Let’s get your project up and rolling as well, reach out to Jake Clark at 1-406-403-4937 or Jake@GrowGreatFalls.org.
2) The Great Falls Montana trade area has strong potential for
new recreation and entertainment investment in the 13-county Great Falls Montana trade area, according to Market Findings we released this week. Hunden Partners, a leading global advisor in place strategy, conducted an in-depth market supply and demand analysis to determine market support for recreation, entertainment, sports and adventure-style business expansion opportunities in the region. GFDA commissioned the assessment to explore market drivers to grow the region's tourism industry and increase recreation and entertainment offerings that improve quality of life -- critical to retaining and recruiting workforce talent. Great Falls Tourism and Central Montana Tourism provided valuable partnership support to help make the assessment possible. The strongest market opportunities include hotels and hospitality, guided outfitters and tours, and recreation and natural environment. The findings identified three pillars of investment to pursue in the region: destination and experiential hospitality, family-centric activities, and adventure-oriented tours/guide services. View or Download the Market Findings on GFDA's website.
3) The GFDA Small Business Development Center Business Advisors met with eleven new clients this week. Our range of services to clients included putting together financial projections, learning how to understand a profit/loss statement, starting a business basics, preparing financial forecasts to purchase a building and two business expansions. Our Business Advisors love serving clients and we enjoy the variety of work we have an opportunity to do. You are not alone as an entrepreneur and small business owner. You have services and resources available to you. Our Small Business Development Services are provided at no cost to you. Please reach out to one of our Business Advisors if we can be of service to 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.
4) The Montana Department of Commerce is reopening the third tranche of the State Small Business Credit Inititiave (SSBCI) loan paarticipation program to fund a few more low interest loan participations. This is a great one-time opportunity for businesses and GFDA. If you know of a business looking to start or expand who has a financing need, please contact Jill at 1-406-590-1056 or JKohles@GrowGreatFalls.org.
5) We joined the National Defense Industry Association (NDIA) as part of our effort to strengthen defense efforts in the Great Falls trade area. NDIA is the nation's largest defense industry association. NDIA drives strategic dialogue in national security by identifying key issues and leveraging the knowledge and experience of its military, government, industry, and academic members to overmatch capabilities to threats.
6) The new German high tech manufacturing company in Lewistown, Vacom, is celebrating its first year in Montana; read more in the Lewistown News Argus.
7) Connect face-to-face with key decision makers from government buyers and prime contractors! Great Falls APEX advised 11 businesses in our region as they prepared for Montana APEX GovMatch taking place in Great Falls, MT on August 13th at the University of Providence. We guided them through updating registrations, refining capability statements, and developing strategies to effectively connect with government buyers and prime contractors. Our support has helped these businesses gain the confidence and tools needed to compete for government contracts at the local, state, and federal levels. By preparing companies of all sizes and industries, Great Falls APEX is strengthening the region’s presence in the government marketplace. Register for GovMatch and unlock new contracting opportunities CLICK HERE! To learn how we can help your business prepare for this upcoming event and future opportunities, contact Shannon Clancy at SClancy@GrowGreatFalls.org or 1-406-590-1184.
8) The Quinn Institute (QI) in Big Sandy will hold an open house and field day on July 9th from 10:00 AM - 3:00 PM to celebrate its one year anniversary. QI is a regenerative organic research, education and health Institute. See Havre Daily News.
9) "This is the best conference I have ever attended,” an attendee noted. “The interactive sessions, good conversations, warm welcome, and rural setting were wonderful. This is the way to share ideas and learn from each other." The International Economic Development Council (IEDC) held its inaugural Rural Retreat in Great Falls, Montana, in late June, bringing together over 400 economic development professionals for three days of focused programming on rural and tribal community development in an inspiring setting! From game-changing discussions to career-defining connections, this retreat proved that when rural innovators unite, solutions follow. Attendees headed home with fresh strategies, powerful new networks, and the momentum to turn aspirations into action! See IEDC's Retreat Highlights.
10) Starting and Owning a Business includes a lot of moving parts. It’s easy to get caught up in 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.
11) Touro College of Osteopathic Medicine is hosting a Community Vendor Fair on Thursday, July 31, from 2:00 to 4:00 PM on its Great Falls campus.This event will help kick off the new academic year and is a great opportunity to introduce your business, organization, or services to over 100 medical students, as well as faculty and staff. Whether you’re a local shop, restaurant, nonprofit, healthcare provider, or service-based business, Touro would love to connect you with its campus community. There is no cost to participate, and they will provide a table and chairs for your setup. You’re welcome to bring promotional materials, coupons, giveaways, or samples to share. Here is the RSVP link for interested businesses.
12) Applications are open until July 25th for Montana Department of Environmental Quality (DEQ) Alternative Energy Revolving Loan Fund. The funding available offers fixed rate, low interest loans for qualifying projects and improvements. The interest rate for 2025 is 3.5 percent. Loans are awarded through a ranked application process; small business applicants located in Great Falls and North Central Montana have scoring advantages. If you are a small business considering investment in alternative energy systems and energy conservation measures, this may be a great opportunity to get your project going! To learn more and apply, contact Montana DEQ or Meranda Bass at 1-406-444-6586. To discuss your energy project or energy related opportunities in North Central Montana, contact Kristen Blue at 1-406-788-4989 or Kristen@GrowGreatFalls.org.
13) Even during quieter weeks, momentum keeps building. We’ve been deepening conversations with prospects, refining follow-ups from SelectUSA, SHOT Show, and TDANA, and preparing for upcoming site visits and outreach opportunities. Every touchpoint helps grow awareness of what makes North Central Montana such a compelling place for investment—strategic location, affordable operating costs, and a community that’s ready for smart growth. Know a business exploring new opportunities? Let’s talk! Contact Christian Leinhauser at CLeinhauser@GrowGreatFalls.org or 1-406-836-0136.
14) U.S. Department of Agriculture (USDA) Rural Development Deputy Under Secretary Todd Lindsay today announced that USDA will delay opening of the first grant application window for Fiscal Year (FY) 2026 for the Rural Energy for America Program (REAP). The first window opens on July 1, 2025, and closes on Sept. 30, 2025. All REAP grant applications regardless of funding source will not be accepted during this time. This decision was made due to the overwhelming response and continued popularity of the program resulting in a backlog of applicants. This decision will allow USDA time to dedicate the necessary resources and attention to the backlog of applications. USDA anticipates accepting both REAP Inflation Reduction Act (IRA) and Farm Bill applications again starting on Oct. 1, 2025, for Fiscal Year 2026 funding. To learn more, read full Stakeholder Announcement
15) GFDA’s Annual Meeting was held Tuesday, June 17 at The Newberry. Congratulations to this year's Ally Award winners! We continue to get great media exposure as well as heartfelt thanks for these Ally Awards. This week the Montana Department of Commerce issued a state-wide eblast and press release about their team members who earned GFDA awards this year.
16) The University of Montana's Bureau of Business and Economic Research (BBER) is holding it's "Mid Year Economic Update: Taxes, Tariffs and Trade Wars -- What's Ahead for the Montana Economy" in Great Falls on Tuesday, July 29th, Noon - 1:30 PM. Register here.
17) Data helps drive decisions in business. Our Small Business Development Center assists clients dig into real numbers using powerful tools like Profit Cents, Vertical IQ, and Bizminer for industry financial benchmarks. We help clients tap into wage data using Jobs EQ, a labor market analytics platform loaded with up-to-date wage, employment, and industry trend data for our region. From startup research to expansion planning, we’ve got the data to back your business decisions—all at no cost to you. Need insights for your industry? Contact the Small Business Development Center today.
18) We are looking for two great new GFDA Staff Team members, an Accounting Assistant and a Downtown Business Development Officer. Download our Career Opportunities and please forward it to great candidates.
Great to see so many people around the region enjoying the Independence Day Weekend!
Brett
Brett Doney
Great Falls Development Alliance
BDoney@GrowGreatFalls.org
1-406-750-2119
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"Independence is happiness."
Susan B. Anthony
Edition 692
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