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GFDA Quarter Index 2023Q4
Number of rapid training programs Great Falls College created during quarter: 4
Business speed of TDS fiber network being constructed in Great Falls: 10GB
Per capita personal income growth in Cascade County in 2022: 4.2%
National per capital income growth in 2022: 1.6%
Consecutive years the 341st Missile Wing of Malmstrom AFB has won the Blanchard Trophy for Best Overall Missile Wing: 5
Total wage earnings increase in Cascade County (Great Falls MSA) in four quarters ending 2023Q2: 10.1% or $188 million
Increase in average annual wage in Cascade County in four quarters ending 2023Q2: 7.8% or $3,807 per year
Increase statewide during same period: 6.4%
Increase nationwide during same period: 4.4%
Cost of living in Great Falls MSA in 2023Q3: 85.5% of national average
Great Falls MSA housing cost: 65.2% of national average
Bozeman cost of living: 120.6% of national average
Bozeman housing cost: 147.4% of national average
GFDA gap and bridge loans closed during quarter: $8,050,000
Additional private investment leveraged by these loans: $38,255,210
More gap and bridge loans approved by GFDA during quarter: $300,000
Additional private investment that will be leveraged by these loans: $14,800,000
SBA 504 loan closed during quarter: $147,000
Additional private investment leveraged: $210,000
Prospect visits we hosted during quarter: 5
Business attraction events we traveled to during quarter: 4
Number of unique companies we served during quarter: 528
Total activities with companies we recorded during quarter: 2,374
New client projects we started work on during quarter: 41
Total active client projects during quarter: 151
New project leads generated during quarter: 45
Entrepreneurs and small business clients advised during quarter: 90
New SBDC advising clients during quarter: 38
Small business advising hours during quarter: 248
New capital secured by entrepreneur advising clients: $375,000
Entrepreneur and small business trainings during quarter: 3
Government contracting clients advised during quarter: 43
New government contracting clients advised during quarter: 21
Government contracting advising sessions during quarter: 143
Active government contracting clients at end of quarter: 155
Government contracting trainings during quarter: 1
Government contracts won by clients: $4,486,000
Brownfields assessments provided during quarter: 1
Business attractions we celebrated in our Top 10s in calendar year 2023: 12
Number of prospect visits to Great Falls region we hosted in 2023: 16
Business expansions we celebrated in our Top 10s in 2023: 29
Business startups we celebrated in our Top 10s in 2023: 49
Business acquisitions we celebrated in our Top 10s in 2023: 5
Gap and bridge loans GFDA made in 2023: $13,822,920
Total investment in region made possible by these loans: $63,469,699
Number of unique companies GFDA served in 2023: 1,208
Number of client projects we worked on in 2023: 229
Number of these that were new projects: 78
Number of activities we recorded with clients in 2023: 9,065
Percent of our client activities involving local business expansions: 65%
Percent of our client activities involving local business startups: 27%
Percent of our client activities involving business attractions: 8%
Number of companies added to our CRM in 2023: 596
Competitive grants we won in 2023, leveraging our local investor dollars: $7,353,262
Loans we secured for GFDA in 2023: $975,260
Additional capital we obtained in 2023 to use for loans in region: $2,252,624
Total resources we secured in 2023 to put to work in Great Falls region: $10,581,510
US Government prime contracts to women-owned small business in FY22: $28.1 billion
Dollar amount of goods and service crossing U.S.-Canada border every day: $3.25 billion
Average interest rate small businesses were paying for loans in November: 9.1%
Projected U.S. agricultural trade deficit for FY2024: $27.5 billion
Percent of farmers and ranchers in U.S. populations: 2%
Number of people annually fed by one U.S. farmer: 166
Pounds of red meat commercially produced in Montana in 2021: 34.4 million
Increase in number of Montana farming operations 2020-2022: 200
For info contact Jolene Schalper at JSchalper@GrowGreatFalls.org or 1-406-750-4481
Download Quarter Index as PDF
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