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Our GFDA Small Business Development Center Advisors helped answer some questions about the federal Beneficial Ownership Information (BOI) requirement. The Beneficial Ownership Information (BOI) reporting requires many companies doing business in the United States to report information about their beneficial owners - the individuals who ultimately own or control the company - to the Financial Crimes Enforcement Network. Registration is free and can be completed in online in a few minutes. To complete your company’s BOI- or to read more about the requirements visit this website. For additional small business advising reach out to Rich Gannon at RGannon@GrowGreatFalls.org or 1-406-836-2078.
Great Falls Regional APEX is assisting multiple businesses in preparing for small business set-aside certification programs. U.S. Small Business Administration (SBA) has resumed the certification application process. 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. To learn more, contact Shannon Clancy at SClancy@GrowGreatFalls.org or 1-406-590-1184.
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
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 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.
Join GFDA’s APEX Team for Take Action! Move Beyond SAM! every third Wednesday for a high-level virtual training session that will add real value to small businesses looking to break into the government market. Hosted by APEX advisors from across Montana.
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. Great Falls APEX can help you with through the process, contact Shannon Clancy at 1-406-590-1184 or SClancy@GrowGreatFalls.org for assistance.
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)! 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.
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.
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.
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