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A whole lotta scooping going on Downtown at the new Big Dipper Ice Cream at 426 Central Avenue! Check them out seven days a week 11 am -11 pm.

1.Congratulations to Central Montana Protection Services LLC and T C Glass Distributor, Inc. on their contract awards with Archer Western Federal JV for the Weapons Storage & Maintenance Facility project! Archer Western Federal JV was awarded a $377 million dollar contract from the U.S. Army to build a Weapons Storage and Maintenance Facility in Great Falls over a four-year period. If you're a subcontractor looking to team up with a major prime contractor, Great Falls Regional APEX can help you position your business for success. To learn more, contact Shannon Clancy at SClancy@GrowGreatFalls.org or 1-406-590-1184 and start paving the way to securing contracts and growing your business.


2.The Council for Community and Economic Research released their first quarter 2024 data and Great Falls remains the most affordable urban area in Montana at just 86.8% of the national cost of living! We continue to work on increasing our housing options and primary sector manufacturing so we can remain so.


3.The Environmental Site Assessment Phase II on the Indian Family Health Clinic is almost complete. Once the second floor is inspected and renovated, they are hopeful to expand it into an additional 8 patient medical rooms with additional room for an X-ray machine. Additionally, it will revitalize the second floor adding a mental health in-patient care unit. The Brownfields Program is a redevelopment program, so if you are looking to expand your current facility or purchase your future commercial building, reach out to Christian Nichols at: CNichols@GrowGreatFallls.org or 406-788-9385 prior to make sure there are no contaminates in the facility.


4.Congratulations to the Buffalo Calf Campground on recently opening on the Blackfeet Reservation, read the Glacier Reporter for the full story.


5.Our Great Falls Regional APEX and SBDC advisors, Rich Gannon and Shannon Clancy presented an impactful webinar on “Understanding Your Entity Structure to be Successful in Government Contracting.” Attendees gained insight on how entity structure provides the framework for businesses to operate within the parameters set forth by government agencies, including eligibility for set-aside SBA certifications such as the Woman Owned Small Business (WOSB), Service-Disabled Veteran Owned Small Business (SDVOSB), 8(a) Program, and HUBZone. To learn more about this topic and others to be successful in government contracting, contact Shannon Clancy at SClancy@GrowGreatFalls.org, or call 1-406-590-1184. CLICK HERE! to access the full presentation.


6.Brett participated in the annual retreat of the International Economic Development Council’s (IEDC) Research Partners in Spokane. The retreat is used to determine the next year’s research agenda. GFDA is the only Montana partner in IEDC’s cutting edge economic development research.


7.Professional development is extremely important to the success of our team and our mission in the region. Anna and Nicki went to Denver to the Basic Economic Development Course to grow their skills and understanding of economic development foundational elements. While there, they learned about innovative community development concepts, regional economics basic factors in development, techniques of economic development and trends in economic development.  


8.Christian Leinhauser wrapped up his final 2-week course toward Economic Development Financial Professional certification provided by Grow America. The GFDA team is continually growing to meet the needs of our clients and the region! 


9.Jake was in Browning, MT this week working with partners on potential housing solutions and resources for our region. If you have a housing project in North Central Montana reach out to Jake Clark at 1-406-403-4937 or Jake@GrowGreatFalls.org.  


10.Jill and Jolene were in Chicago at the Opportunity Finance Small Business Forum. There they were able to meet with foundations and funders who bring a wealth of resources to Community Development Finance Institutions like GFDA.


Have a great week!


Jolene Schalper

Great Falls Development Alliance

JSchalper@GrowGreatFalls.org

1-406-750-4481


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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Thomas Carlyle


Edition 63

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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. 


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 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 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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