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Montana Economic Development News


New businesses to be put in once Capital Hill Mall is torn down in Helena, Montana:


Helena's Capital Hill Mall has sat mostly empty for almost a year, after its last retail store closed its doors. But developers say they've always seen potential at the site. "This property is ...


A strong handshake, talent and a gut feeling led Israeli tech company to Missoula:


When Nissim Titan and his team at 4Cast arrived in Missoula last winter to vet the city as a potential location for a U.S. office, night had fallen and the snow was heavy. The CEO of the Israeli-based ...


Montana's public lands drive economic growth, give state recruiting advantage:


Over a five-year span ending in 2015, venture capital invested in Montana's early stage companies averaged just $5 million a year, placing the state near the bottom of the national list. By last year, ...


How a Virtual Reality (VR) community grew in Northern Ohio:


I've written a few times in this newsletter about various "pipelines" for startup activity -- universities, coworking spaces, and local corporations. But one pipeline I haven't touched on yet is local ...


U.S. Treasury approves 25 Opportunity Zones in Montana, including one in Great Falls:


The federal Tax Cuts and Jobs Act of 2017 established a new economic development program called Opportunity Zones designed to encourage long-term private investment in low-income communities. The program ...


Missoula Economic Partnership sees healthy increase in companies looking to locate, expand to Missoula:


Companies looking to Missoula to base their growth or expansion are on the rise, and with new air service to Dallas set to launch next month, the flurry of activity has economic leaders feeling confident ...


Leaders hope Opportunity Zone designation draws investment to downtown Helena:


Business development groups say, in places like downtown Helena, it can be hard to attract investment. "Getting access to capital - patient capital is what we would call it - is very difficult," said ...


MoFi Offers New Down Payment Resources for Montana Homebuyers :


MoFi (formerly Montana & Idaho Community Development Corporation) has expanded its popular HomeNow down payment assistance program to make homeownership more accessible and more affordable to working ...


May is for Growing Business at Lake County Community Development Corporation:


LCCDC clients Aphia and Justin Fisher are a colorful success story. As the owners of Fisher Painting, they have been providing high quality residential and commercial painting services to the Mission ...


Upstart group looks to pin Missoula's economic identity to sustainability:


"We're going to have a focus on fixing the biggest problem, the glass problem, and we're going to throw business at it, brainstorm ideas and build something up," Hansen said. "We've got a problem, so ...


Eastern Montana's Small Business Development Centers Support Rural Communities:


Where do you go to get your truck fixed, to have your implements altered, or to get your hair cut? Chances are, it's a local place. Many of our towns' jobs and services are provided by small businesses; ...


Montana Outdoor Sector Ramps Up Growth:


"102,000 net new jobs with 85 percent coming from service-related industries such as outdoor recreation, health care, real estate, professional and technical services. The research also shows how ...


How would Billings pay for One Big Sky? Leaders learn how :


Pennsylvania changed the law to help cover the cost of a town's big project "If you want your town to be producing for the entire state, you've got to look at doing something different. I get frustrated ...


Basecamp Butte - Economic development advocates to launch one-stop-shop Butte recreation website:


To showcase Butte's recreational amenities, the BLDC is partnering with the Butte-Silver Bow Chamber of Commerce, the Butte Convention and Visitors Bureau and 5518 Designs to create a new campaign and ...


ClassPass CEO: Missoula checked all the right boxes in company's national search:


Wage inflation in New York and San Francisco and their high cost of living sent ClassPass http://www.ClassPass.com on a mission last year to find a new location for its third North American office. After ...


Governor Bullock Sends Opportunity Zone Nominations to U.S. Treasury:


Governor Steve Bullock has nominated 25 areas of Montana for designation as an Opportunity Zone, after communities submitted proposals for consideration. The federal Tax Cuts and Jobs Act of 2017 established ...


Missoula Economic Partnership Solicits Community Feedback on Missoula Business Climate:


The Missoula Economic Partnership http://www.missoulapartnership.com/ and Garner Economics LLC are collecting insights from community members regarding the business climate of Missoula to aid ...


Israeli Consul General: Strong partnership helped bring Israeli tech firm 4Cast to Missoula:


The deputy consul general of Israel on Tuesday credited her country's strong alliance with the U.S. and the hard work of a Montana economic delegation for landing an Israeli tech firm, which plans to ...


Billings asked to contribute $100K to study One Big Sky project:


One Big Sky Center http://www.onebigskycenter.com/ is a multi-million dollar city block renovation project coming to the heart of downtown Billings Montana with a scheduled completion date in 2019. OBSC ...


Spring Business Growth & Community Growth at LCCDC :


Included this month: Here is a list of our free Business Workshops. Clients love our QuickBooks classes in Ronan, Superior and Thompson Falls. Cooperative Development Program Manager Brianna ...


To plan for smart growth, land use expert says Billings can look south to the Beehive State:


About 20 years ago, Stuart Challender began helping 10 counties in the Salt Lake City area absorb growth that would add nearly a million people to the Wasatch region. On Tuesday, he told a Rocky Mountain ...


The IMPACT - March 2018 - The Butte Local Development Corporation:


While it's finally starting to feel like spring outside we've been busy this winter working hard to help lead Butte's economic development efforts. It's been a big spring, highlighted by the announcement ...


Groundbreaking set for Montana's first housing cooperative for those 55 and older:


When complete, the Riverside Crossing Active Adult Cooperative in Hamilton will include 51 cottages carefully arranged in "pocket neighborhoods" that include shared green spaces, circular walkways and ...


Opportunity Zone Proposals Due Friday - Is your community eligible? :


The deadline to apply for an Opportunity Zone designation is this Friday, March 30, 2018 at midnight. Local governments and Certified Regional Development Corporations may now apply for an Opportunity ...


Helena pitches Urban Renewal District to spur economic growth downtown:


"Blight" might not be the first word that comes to mind when thinking about Downtown Helena, but bolstering economic development by addressing blight is the focus of a new reinvestment plan under consideration ...


Missoula business leaders: State must preserve economic development program:


Local recipients of Big Sky Economic Development Trust Fund grants in Missoula have been wide ranging over the past few years, from an upstart home manufacturing firm to a film studio, both of which ...


Rural areas left out of Montana's rapid job growth as non-labor income rises:


There's a stark difference in the job growth around the Montana cities of Billings, Missoula, Bozeman, Kalispell and Helena compared to the rest of the rural areas in the state. Huge portions of rural ...


Like the Clark Fork River, businesses in Bonner breathing new life since 2008 dam removal:


Although advocates of free-flowing rivers saw the spring of 2008 as momentous because of the historic removal of the Milltown Dam, it was a tumultuous low point for the workers and their families at the ...


Strengthening Economies in Montana Forum for Coal-Reliant Communities! 4/18-19 - Billings :


As April is fast-approaching, our teams here at NACo and NADO are extremely excited about joining you all in Billings for this convening http://www.naco.org/events/strengthening-economies-montana-forum-coal-reliant-communities ...


Missoula Economic Partnership sees opportunity for tech play as mission evolves:


While MEP brought a strategic focus to economic development in Missoula eight years ago, Fee said the landscape has changed and the organization must keep abreast of both the challenges and opportunities. Missoula ...

View ALL Montana Economic Development news



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