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GFDA Business Development Officer Christian Leinhauser, Master Sergeant, 219th RED HORSE Squadron, Montana Air National Guard, reenlisted on August 10th in the MANG with 23 years of time in service. Retired U.S. Air Force Major Jeff Miser, and Owner of Mountain Wave Distillery, administered the Oath of Enlistment. We're proud of your service Christian!

1) Congratulations to Nick Crawford on opening Omie’s Pizza in Browning! Nick was one of our SBDC success stories. After successfully starting Omie’s Pizza in Heart Butte, Nick was recently able to purchase a location and start operations in Browning.


2) The Great Falls City Commission unanimously approved the sale of land to Pasta Montana, marking another milestone in the 28-year success of the unique partnership that helped create Montana's premier pasta manufacturer; see TheElectric. In 1996, GFDA partnered with the City to create a gap and bridge loan fund to help finance the start-up of Pasta Montana. Since then we have been able to make over $68 million in gap and bridge loans that have made possible over $375 million of private investment throughout the region.


3) Jake and Brett hit the road to Missoula to meet with new clients and some longstanding clients. Communication and relationships are extremely important to the development process and ensuring that we can provide as much service as possible to move projects forward. One thing that stood out in conversation with both clients was the favorable and expedient development environment in Great Falls compared to several other communities. Let's get your housing development project in the que, reach out to Jake Clark at 1-406-403-4937 or Jake@GrowGreatFalls.org


4) Great Falls has 189 MW of renewable resources already connected and available from the Montana Alberta Tie Line (MATL), with an additional 435 MW of renewable capacity in its queue. That’s what we led with in a comprehensive business attraction proposal we submitted to a major manufacturing company. This is a project we worked on for two years before they paused for 18 months. We’re excited for the opportunity to work with them again. Thank you to the partners who are helping us with this project!


5) In just a few days the final competitive round of the Montana State Small Business Credit Initiative 2.0 (SSBCI 2.0) low interest rate program will open. If you have a project that could move forward with the benefit of low interest rate funding, start talking to GFDA now as these funds are very limited. If you have a business that can benefit from these funds contact Jill at JKohles@GrowGreatFalls.org or 1-406-590-1056.


6) Vintage Sellers is opening a new location in West Bank Landing. Tom Dean and Patti Jo Lane-Dean are creating a new event and wedding center at The Ranch at Milo Creek. Benefis Health System is constructing an urgent care clinic at the corner of 10th Avenue South and 29th Street in Great Falls. Electric City Eyes has opened an optometrist office on 10th Avenue South in Great Falls. See details of these businesses and more in TheElectric's Business Bites.


7) The Great Falls City Commission approved moving forward with renovations of the Mansfield Center for the Performing Arts in the historic Civic Center in Downtown Great Falls. The renovations will include new seating throughout the theater. See TheElectric.


8) Brett, Jake and Nicki met with the Montana Department of Transportation to work on improving the pedestrian experience through the underpass on 1st Ave North for future residents of the The Station Lofts and downtown patrons who we're sure will want to check out the new dining and entertaining venues in the development. The Station Lofts are scheduled to open this fall right on the Missouri River in Downtown Great Falls! If you are interested in opening a business downtown, please contact Nicki Dallison at Nicki@GrowGreatFalls.org or 1-406-750-2099.


9) We released the Great Falls Region Freight Market Assessment in last week's Top 10. We invite you to join us for a special Zoom presentation by Moffatt & Nichol on Monday, August 19 from 1:00 – 2:00 PM MST as they present the Great Falls Region Freight Market Assessment. This comprehensive study offers valuable insights into the logistics industry and its potential in our region and will be followed by an Economic Development Strategy identifying market opportunities for GFDA to pursue in the next three-to-five years. Be sure to register to receive the Zoom link! For questions related to this market assessment, contact Tyler Menzales at 1-406-217-7862, or TMenzales@GrowGreatFalls.org


10) Did you know that the SBA 504 rates have been dropping the last few months? Jill had a meeting with a banker and his client this last week who needed a solution for being short on the bank required down payment to start and construct their new business. We discussed the SBA 504 option that partners with the bank to allow the client to bring in as little as 10% equity and has the extra benefit of low interest rates that are fixed for up to 25 years. The client and banker are excited about this opportunity and the SBA 504 loan will also help the client preserve additional cash for working capital. If you have a project that needs a creative solution, please reach out to Jolene Schalper at JSchalper@GrowGreatFalls.org or 1-406-750-4481.


11) Our Great Falls Regional APEX is empowering small businesses by focusing on the development of impactful capability statements, giving them a competitive edge in the government marketplace. With personalized guidance and training, clients have developed the expertise to craft tailored statements that effectively highlight their capabilities to government agencies. This skill enhances their ability to secure government contracts, promoting business growth and enabling them to stand out in a demanding market. To develop a capability statement that will give you a competitive edge, contact Shannon Clancy at SClancy@GrowGreatFalls.org or 1-406-590-1184


12) 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. 


13) Host a group of Touro students to dinner! Last year, over 40 community members stepped up and hosted small groups of students from Touro College of Osteopathic Medicine to dinners at various restaurants around the community. This year, we are putting together another fun evening of dinners. We are seeking hosts to take a group of 2-5 students out to dinner on Wednesday, September 25th, 2024, at a restaurant of your choice. Deadline to sign up is Monday, September 16th. If you’d like to sign up as a host, register here. If you’d like to find out other ways you can support these new students in our community, reach out to Jenn at 1-406-781-9499 or Jenn@GrowGreatFalls.org.


14) Investing in economic development is crucial as it fosters growth, creates opportunities, and enhances quality of life. Our efforts are made possible through the support of our investors and public partners. You can learn more about them by watching this short video. Recent investments include: Pacesetter Division—Marshall Orthodontics; Community Division—Great Falls College MSUBrett Harris Farmers Insurance Agency.Their support allows us to continue providing access to resources, fostering innovation, and enhancing overall prosperity. To learn about our economic development strategy and how you can be a part of the growth in our community, reach out to Investment Director Jenn Gallmeier at 1-406-781-9499 or Jenn@GrowGreatFalls.org.


15) We Are Growing Our Awesome Staff Team and have excellent career opportunities. Download a description of openings for Loan Officer, Lending Solutions Specialist, and Government Contracting Advisor -- APEX Accelerator. Contact Tracy for more info at Tracy@GrowGreatFalls.org.


Enjoyed meeting with some important federal and private sector leaders who visited Great Falls this week in regard to significant future projects. Meetings went very well. Have a fantastic week!


Brett


Brett Doney

Great Falls Development Alliance

BDoney@GrowGreatFalls.org

1-406-750-2119


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


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Oprah Winfrey



Edition 645

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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

August 2024 SBA 504 Loan Interest Rates

The 25-year loan effective rate (including all fees) is 6.041%; 20-year at 6.110%; 10-year equipment loan at 6.476%; and, 20-year refinance 6.140%; 25-year refinance 6.070%. 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

Great Falls Public Schools is holding a Job fair on Wednesday, August 21st, 11:00 AM to 1:00 PM at the Paris Gibson Education Center.


Great Falls Regional APEX is assisting multiple businesses in preparing for the Woman-Owned Small Business (WOSB) and 8(a) Program certification processes. U.S. Small Business Administration (SBA) will temporarily pause certification applications from August 1st to early September for necessary system upgrades. This presents an excellent opportunity to 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 when the portal reopens in September, contact Shannon Clancy at SClancy@GrowGreatFalls.org or 1-406-590-1184.


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). Great Falls Regional APEX is helping small businesses by providing consultation and guidance on the new cybersecurity standards that will be mandated for federal government contracting. If your company handles Controlled Unclassified Information (CUI) or Federal Contract Information (FCI) not intended for public use, you must meet specific security standards. As a basic requirement, you need a Cybersecurity Maturity Model Certification (CMMC) Level 1, which demonstrates that your business has security measures in place to protect sensitive data. CMMC 2.0 is expected to start in 2025, with full integration into all Department of Defense (DoD) contracts by 2028. Get ahead of the game! Contact Shannon Clancy at SClancy@GrowGreatFalls.org or 1-406-590-1184.


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.


Registration opened for the first annual Montana Food & Beverage Manufacturing Summit being held in Missoula on October 15th. The summit is a one-day educational forum focused on essential topics to grow or improve your business, hosted by Montana Manufacturing Extension Center and the Montana Department of Agriculture. It will take place in conjunction with the Montana Food and Beverage Show on October 14. You will learn directly from industry experts and government officials about key steps in developing a successful food business. The program of workshops and speakers will cover the most frequently asked questions on packaging, labeling, fill control, process control, food safety, distribution, manufacturing efficiency, and more. Learn more and sign up on the Summit webpage.


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. 


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. If you are having trouble getting through the process, contact Shannon Clancy at 1-406-590-1184 or SClancy@GrowGreatFalls.org for assistance. 


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.


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. 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.


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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