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"Who wants more housing in their community?" Brock Cherry, Director of Great Falls City Planning and Community Development was enthusiastically supportive of housing supply and stability for Great Falls during a panel discussion at the Montana Housing Partnership Conference in Missoula.

1) The City of Great Falls Commissioners unanimously approved Tax Increment Financing for the Elmore Roberts building remodel. This project is essential to preserving and improving access to affordable housing in Great Falls. There are great stories in the Electric and on KRTV about the project. If you have a housing project in Great Falls please reach out to Jake Clark for support Jake@GrowGreatFalls.org or 1-406-403-4937. 


2) Congratulations to Benefis Health System on earning approval for its new Internal Medicine Residency Program from the Accreditation Council for Graduate Medical Education! The new three-year residency will have 10 residents each year for a total of 30 residents. Application and candidate interviews will start this fall with the first 10 residents starting in July, 2025. The start of Benefis' new residency will coincide with the first group of clinical rotations from the first class of Touro Montana Medical School Great Falls.


3) Jake and Jenn were in Missoula for the Montana Housing Partnership annual conference meeting with developers, partners, funders and showcasing the new Housing Market Demand Assessment for Great Falls. 


4) Congratulations to Great Falls Public Schools students and NeighborWorks Great Falls on the ribbon cutting of the 46th High School House! See KRTV.


5) I networked with commercial and housing developers, commercial brokers, retailers, restaurant, hotel, recreation/entertainment chains, and affiliated companies at the annual ICSC networking event in Las Vegas, pitching investment opportunities in the Great Falls Montana trade area. The event attracted 25,000 real estate leaders from across the country.


6) GFDA will be welcoming logistics consultants from Moffatt & Nichol this week May 28th-30th. Their time here will be spent meeting with companies to gain a better understanding of what products are moving in, through, and out of our region. Their research will culminate in an economic development strategy identifying market opportunities for GFDA to pursue to make our region more competitive for providers and utilizers of logistics services. If your business is moving products in, through, or out of the Great Falls region and you haven’t been reached out to, we want to hear from you! Contact Tyler Menzales at 1-406-217-7862 or email TMenzales@GrowGreatFalls.org


7) The Sidequest Arcade Bar opened in Downtown Great Falls, next to The Block. A new spa opened in downtown Great Falls! Tia Stiles is the owner, and Studio Stiles downtown Great Falls is her second location, with the first being in Malta, Montana. Read about it on KRTV. If you are interested in starting a business downtown, contact Nicki Dallison at Nicki@GrowGreatFalls.org or 1-406-750-2099. 


8) Our Great Falls APEX joined APEX Accelerators from across the state at the Montana APEX Business Meeting in Helena. Representatives from the MT State Procurement Bureau and the MT Army National Guard provided training and resources to assist the APEX Accelerators supporting businesses seeking to bid on State and Army National Guard contracts. Your business could produce or supply what government agencies need! To learn more about bidding on State of MT and MT Army National Guard contract opportunities, contact Shannon Clancy at SClancy@GrowGreatFalls.org or 1-406-590-1184.


9) GFPS students are in the workplace! Not just after graduation but through an emphasis on internships, duel enrollment, and workforce development strategies. Check out these showcase videos, GFPS Future Navigator, the district created to learn more! 


10) This is the final call for our first Angel Investor Networking Event taking place this Wednesday, May 29th from 4:30-6:00 PM. We’re looking for more accredited investors who want to put their money to work in the Great Falls region, as well as entrepreneurs, developers, and expanding businesses who need cash investment. Pregistration is required! For more information, including how to prepare for the event, please contact Tyler Menzales at TMenzales@GrowGreatFalls.org or call 1-406-217-7862.


11) Treasure State Outdoors has opened a kayak rental kiosk in West Bank Park on the Missouri River in Great Falls; see KRTV. The kiosk uses the Rent.Fun app.


12) Register for GFDA’s Annual Meeting: Tuesday, June 18th, 8:00-10:00 AM at the Newberry. Expect engaging presentations from our team, celebrate this year’s Ally Award winners, and network with fellow stakeholders and community leaders. Mark your calendars and register here. Contact Jenn at 1-406-781-9499 or Jenn@GrowGreatFalls.org for more information.


13) This week, we worked with a few clients to take a holistic approach to their digital presence, including looking at their website, social media, and Google listing. For one business, we discovered that their lack of progress stemmed from overlooking some basic but crucial elements. Is your business struggling to gain traction online? Connect with Rich Gannon at our Small Business Development Center, email RGannon@GrowGreatFalls.org or 1-406-836-2078 to discuss your business’s digital footprint.


14) 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


15) During the Mountain Meat Summit in Bozeman Anna learned about the numerous challenges and opportunities facing the meat supply chain in the Western half of America as well as the resources being offer to meat producers, processors, and distributors. She was able to network with local and federal regulatory agencies, food and agricultural academics from multiple neighboring states, and local producers. A special thanks to Pioneer Meats, the Producer Partnership, and Barney Creek Livestock for opening their facilities and farms for tours during this summit. If you are a meat processor looking to expand your facility or offerings, thinking of starting a meat processing business, or would like to learn more about the resources available to you, please reach out to Anna at Anna@GrowGreatFalls.org and 1-406-590-1301.


16) We are preparing to welcome the next class of Touro COM students into our community. Last year, businesses and community members supported the students by donating items for gift bags, hosting small groups for dinners, sponsoring their white coats, and more. To find out how you can support this new class, reach out to Jenn at 1-406-781-9499 or Jenn@GrowGreatFalls.org


17) The Great Falls Farmers Market starts on June 1st from 8:30 AM - 1:00 PM and will be every Saturday through September. There are almost 200 vendors lined up for the season and they are still accepting applications. If you are interested in starting your own food or agriculture business, contact Anna at Anna@GrowGreatFalls.org or 1-406-590-1301.  


18) Welcome to the GFDA Council Mark Wallingford, CFO of Farran Realty Partners, LLC. Mark has over a decade of public and private accounting experience, and we are thrilled to have someone with his knowledge and expertise serve on the council as we work to grow the region. Welcome to the team, Mark!


19) We Are Growing Our Awesome Staff Team. Download a description of openings for Director Regional Small Business Development Center and Lending Solutions Specialist. Contact Tracy for more info at Tracy@GrowGreatFalls.org.


20) Supporting economic development is a strategic move that benefits businesses, partners, and the entire community. The continued collaboration & support from our investors and public partners is essential to our success. Learn more about these champions of the community by viewing this short video. Recent investments include: Community Division—Hi-Line Moving Services. They are the reason we can continue providing the essential services to help our region thrive. If you’d like to learn more about our economic development strategy and how you can help us achieve our goals, reach out to Investment Director Jenn Gallmeier at 1-406-781-9499 or Jenn@GrowGreatFalls.org.


Memorial Day is always bittersweet. Fond memories of those we have lost and admiration of their dedication and sacrifice.


Brett

 

Brett Doney

President & CEO

1-406-750-2119

BDoney@GrowGreatFalls.org

 

Connect with me on  LinkedIn to network with the Great Falls Montana region.


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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"I can teach anyone how to do the work, but I can't teach work ethic and I can't teach attitude."

Laura Tanner


Edition 634

DOWNLOAD OUR ECONOMIC DEVELOPMENT STRATEGY
DOWNLOAD OUR GFDA SERVICES AND STAFF TEAM HANDOUT
DOWNLOAD 2024Q1 QUARTER INDEX

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

DOWNLOAD AGRITECH FLYER

May 2024 SBA 504 Loan Interest Rates

The 25-year loan effective rate (including all fees) is 6.550%; 20-year at 6.650%; 10-year equipment loan at 6.892%; and, 20-year refinance 6.680%; 25-year refinance 6.579%. 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 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 2024 Great Falls Livability Magazine, part of our effort to help local businesses attract the talent they need for key positions. 


Middle of the supply-chain food businesses have until June 3rd to apply for an equipment only grant through the Montana Department of Agriculture. If interested in learning more, reach out to Anna at Anna@GrowGreatFalls.org and 1-406-590-1301. 


We released a Population Economic Impact Report that 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.


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.


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 Christian at 1-406-836-0136 or email CLeinhauser@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 TMenzales@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 through June 30th. 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.


Do you have open government contracts? Is your SAM.gov registration due to renew in the next few months? SAM.gov continues to have issues with the transition of the new validation process. It is recommended that businesses start early to renew their registration to keep from going inactive. If you are having trouble getting through the process, contact Shannon Clancy at 1-406-590-1184 or SClancy@GrowGreatFalls.org for assistance. 


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.


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 will be sharing their resumes (with their permission) on the Trailing Partner Email Group.


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.

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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