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Montana Biotechnology Infrastructure Proposal – A proposal to the State of Montana ARPA Commission for one-time investment in infrastructure, entrepreneurship and innovation for Montana’s rapidly expanding bioscience and technology sector.

Montana bio research

Montana Biotechnology Infrastructure Proposal

Table of Contents


Proposal Overview & Statewide COVID19 Correlation . . . . . . . . . . . . . . 3


Project Synopsis & Funding Request by Community . . . . . . . . . . . . . . . . . 5


Detailed Community Projects

Great Falls . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
Billings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
Butte . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
Helena . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18
Missoula . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21

Bozeman . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25
Flathead . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29


Statewide Biotechnology Impact,
Workforce Landscape, Trends & Potential . . . . . . . . . . . . . . . . . . . . . . . . 30


Current Montana Bio Companies & Successes . . . . . . . . . . . . . . . . . . . . . 31


Conclusion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32







Montana Biotechnology Infrastructure Proposal

The goal of this proposal is to leverage our collective expertise and strength, accumulated over
the last two decades as we have built the biotechnology sector in Montana. Here, we present
projects that will further accelerate the formation and growth of highpaying jobs in the science
and technology businesses, not just in one or two cities in Montana but ultimately across the
state, north to south and east to west. We will secure anchor projects throughout the state
bringing necessary infrastructure, entrepreneurial stewardship, STEM education and
community engagement programs to solve realworld health problems through technology and
research.


Background
The economic climate for bioscience and technology companies has expanded greatly in recent
years and reached unsurpassed levels during the pandemic, illustrating the resiliency of this sector.

Incredible breakthroughs in vaccine development, therapeutic testing, diagnostic tests, remote
medicine and medical equipment have been brought to bear in record time by the biotech
industry, saving lives and providing hope as an end to the pandemic is in sight. Over 180 million
cases of the novel coronavirus disease 19 (COVID19) have been reported worldwide, and nearly 4
million people dead due to COVID19 related causes. Many Montana companies played a key role
in the COVID19 response and are poised to do more. Now is the optimal time for Montana to
accelerate the growth of our bioscience and technology sectors in order to build on successes to
date, expand core competencies and build resilience in the face of future potential health
challenges. Many of our new technologies will begin in small entrepreneurial companies like the
ones that exist throughout Montana today. These small companies may grow to be positioned to
provide new solutions in future crises.


This proposal is a product of coordination across the state of Montana and outlines a strategy to
guide, elevate and expand our innovation and entrepreneurship, increase our visibility, establish,
attract and grow techbased companies and leverage our collective strengths across our
communities to provide highpaying jobs relevant especially to the bioscience and technology
sectors. Each community will serve as longterm advocates with capacity to plan, coordinate, and
provide oversight and accountability to projects designed to support infrastructure and attraction
of bio science research and techbased companies across the state, focusing on Montana’s seven
largest communities.

This proposal is designed to provide the infrastructure to generate industry sector growth and
longterm revenue for the State based on a onetime investment of ARPA funds designed to
benefit every part of Montana. Upon ARPA funding, the seven communities will initiate existing

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“ready to go” projects from 202123 and use these projects as the foundation for a wellconnected
network of bio science facilities and companies.

A grass roots planning committee has met frequently, drafted this proposal and each community
will then participate as needed within a network designed to support statewide bio science and
research activity. This team consists of a representative from each community proposal, Montana
University System (MUS), economic development, statewide bio science leaders and public and
private sector businesses, each with a vested interest in advancing the bioscience and research
sectors throughout Montana. Upon ARPA funding this group of committed individuals are willing
to continue to meet for the purpose of stewarding each of these projects over the next several
years.

Montana Biotechnology Infrastructure Proposal Committee:

Stan Abel Chairman of the Board for SiteOne Therapeutics

Liz Ching Apprenticeship Specialist, Department of Labor & Industry

Allison Corbyn Director of New Business Recruitment, Big Sky Economic Development

Mike Follett Executive VP, Zoot Medical Division

Rob Goodwin CEO, Vibliome Therapeutics & Montana BioScience Board Member

Jenny Hansen Operations Support, Montana BioScience Alliance

Christina Henderson Executive Director, Montana High Tech Business Alliance

Julie Jaksha Regional Director, Headwaters RC&D

Stan Manoogian Senior Managing Director, Insitor Asset Management LP

Renee Reijo Pera Director, McLaughlin Research Institute

Sharon Peterson Executive Director, Montana BioScience Alliance

Tony Rosanova President/CTO, Zoot

Corbin Schwanke CAO of Medical Genetics, Shodair Children’s Hospital

Melanie Schwarz CEO, Corridor Management Group

Joe Thiel Director of Academic Policy & Research, Montana University System

Kurt Toenjes Dean, College of Health Professions and Science MSU Billings

Joe Unterreiner Vice President, Business Development Officer, Glacier Bank

Bill Warden Advocate, Montana BioScience Association

Scott Whittenburg President, MonTEC

Joe Willauer Executive Director, Butte Local Development Corporation/Headwaters






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Collaboration with the Educational System

The projects in this proposal will collaborate with the Montana University System campuses,
which have already made substantial curricular shifts to better serve the needs of the growing
bioscience community. The University of Montana, for example, is in the process of developing
a nonprofessional option in their respected B.S. in Pharmaceutical Sciences. This track will
prepare students to take on key roles in the biotech industry, particularly in companies
conducting clinical research.

Similarly, Great Falls College, City College of MSUBillings, and Gallatin College of MSUBozeman
are exploring a collaborative associate degree program in medical lab technologies, providing
inperson educational pathways in each community to prepare entry level lab techs for health
and biotech employers.

Each of the community projects can conversely serve the MUS by providing valuable training
opportunities for students in the life sciences and by assessing the needs of the bioscience
industry statewide, so that curricula are further tailored to provide the talent pipeline the
industry needs.


Project Synopsis & Funding Request

As part of our Montana collaborative, members from seven communities have submitted a
proposal for ARPA funding to establish “ready to go” projects and leverage the assets and needs of
the individual communities. Completion of these statewide projects will greatly enhance the
state’s infrastructure for use to advance science and technology companies, create high paying
jobs, commercialize Montanasourced technologies, and augment economic sustainability to serve
Montana in the face of uncertainty such as that associated with the recent pandemic.

The projects range in cost from $1.5mm to $3.4mm. This is a request for $19,274,000 for this
network of projects in seven communities across the State. Communities will collaborate to ensure
best practices with each community ultimately responsible for compliance with all criteria set forth
by the ARPA commission, the State and the Federal Government as it relates to reporting, audits
and compliance. Expenses associated with ensuring compliance with Federal and State reporting
requirements will be included in the budgets for each communitybased project as defined below.





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Community Synopsis and Funding Request

Great Falls Montana Center for Alzheimer’s Research and Education (MCARE) of
Great Falls, MT; Infrastructure improvements to support clinical trials in
neurodegeneration (Alzheimer’s & other dementias), intervention, and business
development in partnership with the McLaughlin Research Institute, MT Alzheimer’s
Association, Benefis and MIST (Appendix C).

o Funding request: $3,000,000


Billings Infrastructure Improvements at Montana State University Billings: The
Center for Translational Medicine, The Clinical Testing Laboratory and Mental Health
Services; Infrastructure improvements and expanded research space to support Center
for Translational Medicine in partnership with Montana State University Billings and
private sector.

o Funding request: $3,000,000


Butte Butte Bioscience Incubator, Butte, MT; Establishment of the Bioscience &
Technology incubator in partnership with Butte Local Development Corp

o Funding request: $1,474,000


Helena Shodair Medical Genetics Center for Genomic Medical Technology; Updates
for genomic research and infrastructure in partnership with Shodair

o Funding request: $3,000.000


Missoula Critical BioLaboratory/Facilities for Montana Companies and Researchers;
Expansion of MonTEC facilities in partnership with the University of Montana and
private sector

o Funding request: $3,400,000


Bozeman Laboratory Infrastructure Buildout; Laboratory buildout and disease model
voucher program to incentivize innovative small businesses associated with research
efforts toward unmet medical needs exacerbated by the COVID19 pandemic.

o Funding request: $2,900,000


Flathead Biotechnology Industry Collaboration and Partnership; in partnership with
Flathead Valley Community College(FVCC) will produce highly trained scientists that can fill
the pressing workforce demands in the rapidly expanding biotechnology ecosystem.

o Funding request: $2,500,000


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Detailed Community Projects

Great Falls

Montana Center for Alzheimer’s Research and Education (MCARE) of Great Falls, MT


Overview

This proposal is responsive to House Bill 632 of the Montana 67th Legislature which allows for funds
provided by the Department of Treasury through the American Rescue Plan Act to be used on public
health and human services programs and for economic stabilization. We seek funding to establish the
Montana Center for Alzheimer’s Research and Education (MCARE). Specifically, the McLaughlin
Research Institute (MRI) and partners seek to: 1) Establish the first comprehensive clinical trial site in
Alzheimer’s Disease (AD) in the state of Montana in order to provide innovative treatment approaches
and prevention for Montanans, and 2) partner with industry to provide incubator space for new
companies to develop solutions for neurodegenerative diseases, a collection of diseases scheduled to
exceed $1 trillion in annual treatment costs in the next 2 decades.


Background

To date, more than 180 million cases of the novel coronavirus disease 19 (COVID19) have been
reported worldwide, with nearly 4 million people dead of COVID19 related causes. Multiple studies
have now demonstrated clearly that a preexisting diagnosis of Alzheimer’s disease predicted the
highest risk of infection with COVID19 and the highest mortality among the elderly. The increased risk
to those with AD and other dementias is linked to 3 observations:

People with dementia are at high risk of infection because cognitive symptoms cause difficulty
with following common safeguarding procedures in many cases.

A particular genetic background (called a homozygous APOE ε4 genotype) is associated with AD,
other dementias, and increased risk of hospitalization for COVID19.

Older adults with dementia, especially those in care homes, are at high risk of worsening
psychiatric symptoms and severe behavioral disturbances as a result of social isolation.

The McLaughlin Research Institute

The McLaughlin Research Institute (MRI) has been in continual operation in Great Falls, MT, since 1954
and is the major organization in the state of Montana and the northern tier states focused on solutions
for neurodegeneration. The city of Great Falls is an ideal home for this proposal: It is centrally located
in Montana, has a population of approximately 58,000, is home to members of several Native American
tribes, is adjacent to the Malmstrom Air Force Base and has a large elderly population. Few
independent research institutions in the United States have survived more than 65 years and few have
had the biomedical impact of the MRI. Our vision and goals are focused on solutions for those most at
risk for infection and death in our populationthe elderly with AD and other forms of dementia. The
MRI is a founding member of the Montana Institute for Science and Technology which will recruit
financial support from outside the state of Montana to further build our science and technology
network.

 

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Further detailed objectives

1. Establish framework for collaborative clinical trials center in the first year of funding with key
goals to:

A) Build out the designated physical shell space for the clinical trial intake and coordination site

B) Establish clinical trial protocols with industry

C) Launch recruitment of Montanans into clinical trials for AD with the goal of initially reaching
out to Cascade County and subsequently across other county and/or remote clinical sites for
referrals

2. Further develop architectural drawings and build out R&D business incubator space

3. Increase educational access to patients, family, and community members via tour of senior
centers and other public venues across Montana to reach each of the 56 counties

4. Launch educational internships for future leaders at the high school, community college, 4year
and health sciences programs with 1012 internships annually in communities across Montana.

Requested funding
In order to establish MCARE in Great Falls, we seek funding to:

1. Finance buildout and infrastructure for clinical trials including a clinical intake site on the 1st
floor of the MRI and clinical trials collaborative space for industry partners ($1M)

2. Support construction of a biotechnology incubator facility focused on neurodegeneration using
10,000 sf of shell space of the MRI to provide office and lab space for private sector startups
focused on translating innovative biomedical research into public health solutions ($1.2mm).

3. Provide seed grants to spur public/private collaboration. The McLaughlin Research Institute and
partners will provide seed grants to spur innovative basic and translational biomedical research,
prioritizing public/private collaborations and projects with the potential for commercialization.
We estimate awarding five seed grants at up to $60,000 each, for a total of $300,000.

4. Acquire housing/accommodation facilities for caretakers/family members of those with AD in
clinical trials ($500,000).

Total requested funding: $3,000,000
Summary
Neurodegeneration is devastating; COVID19 has revealed the susceptibility of our elderly who suffer
with neurodegeneration to higher rates of infection, serious complications and death. We seek to
improve the outcomes in general and as the COVID19 pandemic wanes of those with AD. MRI is the
leading institution in the state of Montana that has the ability to focus on bringing new solutions for
neurodegeneration to our elderly.

Participants

MCARE collaborative effort between the following:

The McLaughlin Research Institute

Advanced Neurology Specialists

Benefis Health System

The Montana Alzheimer’s Association

The Great Falls Development Authority

The Montana Institute for Science and Technology (MIST)

Montana BioScience Alliance

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BILLINGS

Infrastructure Improvements at Montana State University Billings: The Center for Translational
Medicine, The Clinical Testing Laboratory and Mental Health Services

Overview

This proposal is responsive to House Bill 632 of the Montana 67th Legislature which allows for funds
provided by the Department of Treasury through the American Rescue Plan Act to be used on public
health and human services programs and for economic stabilization. We propose to establish The Center
for Translational Medicine (CTM), upgrade the diagnostic testing capability of the MSUB Clinical Testing
Laboratory and expand mental health services and research and workforce development capabilities.
We seek to: 1) Renovate and equip existing laboratory spaces at MSUB for the CTM. Responding to the
regional need for biomedical incubator space and opportunities for collaborative biomedical research,
these spaces will support research projects that align with the “bench to bedside” mission of the CTM.
The CTM will connect the discoveries of basic science with clinical practice to improve patient care,
supporting entrepreneurial scientists in their efforts to grow the biotechnology sector in Billings. 2)
Upgrade the diagnostic testing technology and expand the menu of diagnostic tests performed by the
MSUB Clinical Testing Laboratory. Diagnostic testing has proven to be and will certainly remain a key
component in managing and understanding the spread of infectious respiratory viruses. The
improvements to the clinical testing lab will allow MSUB to better monitor respiratory disease and take
appropriate action to treat and/or isolate infected members of the MSUB community. 3) Expand mental
health service capacity in the Student Health Services clinic. The COVID19 pandemic has created
additional stress in the lives of young adults. These improvements will position MSUB Student Health
Services to meet the emerging mental health challenges of postpandemic student life, as well as
providing improved capacity for collaborative mental health research and workforce training. 4) Spur
innovation by providing seed grant funding for collaborative, biomedical research with strong
commercialization potential.

Background

Billings is the only major medical center serving Montana’s entire eastern and southcentral regions and
northern Wyoming, extending the approximate population of impact for the Billings hospitals to 620,000
people. Forty percent of Billings hospital inpatients and revenue come from outside of Yellowstone
County (Ward, 2020).

As pointed out by panelists at Billings’ 2020 Business Healthcare summit, despite a robust and growing
healthcare sector the regional healthcare cluster is lacking the enhanced medical research facilities
necessary to attract both highcaliber medical research professionals and biotech firmsno such facility
exists in the 15county service region. Establishing a Center for Translational Medicine in southcentral
Montana’s only major medical corridor will allow medical and academic researchers to respond quickly
and collaboratively to health threats and crises, increasing both the economic and public health
resiliency of the region.

In the United States the COVID19 pandemic has resulted in 34 million infections and over 600,000
deaths. Most infectious disease experts expect that COVID19 will persist for the foreseeable future.

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Additionally, as society reverts to prepandemic patterns of behavior, normal seasonal respiratory
diseases (e.g., influenza and Respiratory Syncytial Virus) will undoubtedly make a return. There is a clear
regional need for medical research facilities and research opportunities to understand, treat and test for
these and other diseases.

Location

Montana State University Billings (MSUB) is the third largest campus in the Montana University System
(MUS). MSUB offers undergraduate degrees in STEM fields, multiple laboratory and field research
experiences, and workforce training in biomedical sciences and healthcare. Billings, the largest urban
center in Montana, is also home to three hospital systems: Billings Clinic, St. Vincent Healthcare and
RiverStone Health. In addition, Rocky Vista University will be breaking ground on a new Doctor of
Osteopathic Medicine school and plans to matriculate its first class in 2026. The hospitals and new DO
school make Billings a prime location for the growth of healthcare and health supply chain companies.

Goals

1) Establish the Center for Translational Medicine

The Center for Translational Medicine at MSUB will reside in spaces that currently consist of a
temporary 2,951 square feet laboratory primarily designed to support classroom lab teaching, and 2,180
square feet suite of office spaces.

The temporary lab spaces will be renovated and equipped into a permanent laboratory research suite,
with an open floor plan designed to support collaborative translational research projects carried out by
researchoriented physicians from the local hospital corridor, entrepreneurial scientists and university
researchers. The proposed renovations will include increases in fume hood capacity (from three to five
hoods), replacing the existing stationary lab benches with mobile lab benches designed to facilitate
collaborative projects, spaces to accommodate basic laboratory equipment and improving the
supporting area ventilation system. Commonly used equipment (such as, DNA Sequencer, PCR Thermal
Cycler, DNA and Protein Electrophoresis equipment, Gel Documentation System, Centrifuges, Biosafety
Cabinet, Mass Spectrometer, High Performance Liquid Chromatography (HPLC) Instrumentation,
Incubators, Refrigerator/Freezers) will be purchased for the lab. The equipment in the laboratory suites
will allow innovators to carry out research in surveillance sequencing of SARSCoV2 variants (especially
among vulnerable populations, such as Native Americans), analytical biochemistry, molecular biology,
microbiology and mammalian cell culture.

2) Upgrade the diagnostic testing technology of the MSUB Clinical Testing Laboratory

In January 2021, Montana State UniversityBillings opened the MSUB Clinical Testing Laboratory in
response to the COVID19 pandemic. The 300 square foot Laboratory is presently housed in the MSUB
Student Health Services clinic. The lab conducts diagnostic SARSCoV2 testing of students experiencing
symptoms of respiratory disease, as well as asymptomatic “surveillance testing.” The lab conducts
testing under a CLIA certificate of waiver. In collaboration with Riverstone Health, the clinical testing lab
is a critical component in the University’s comprehensive effort to safeguard the health of the MSUB
community

The laboratory’s diagnostic testing technology will be upgraded to a Polymerase Chain Reaction (PCR)
based platform. Currently, the lab uses a rapid antigen test to detect SARS viral protein from anterior

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nasal swabs. Antigen testing has the virtue of speed (approximately 30 minutes from swab to result),
but suffers from poor sensitivity (i.e., high false negative rate). PCRbased testing is generally more
sensitive than antigen testing and is regarded as the “Gold Standard” for clinical testing. The lab will
also expand its testing menu to include influenza viruses A and B, and Respiratory Syncytial Virus (RSV),
in addition to SARSCoV2. Since COVID19, influenza and RSV have a similar spectrum of symptoms, but
different treatment modalities, it is essential that an effective testing program distinguish between the
viruses that cause these diseases.

3) Increase/Improve Mental Health Services

Student Health Services provides mental health counseling, consultation, outreach and education for
MSUB students, faculty and staff. Multiple studies suggest that there has been a considerable increase
in mental health issues among the general population and it is hypothesized these will be higher in
young adults in coming years. Recently published studies show an alarming increase in the burden of
mental health issues in the post COVID19 pandemic era. Furthermore, analysis of hospital room
emergencies during the pandemic showed an increase in addiction related issues and increased mental
health problems that required medical and mental health intervention. There is, therefore, an urgent
need to expand existing mental health services and bring new therapy and mental health research
capacity on board at MSUB to address current unmet needs and to prepare for future challenges in the
postpandemic era. We propose to renovate and add telehealth capabilities to the existing mental
health services area, better serving students’ medical and mental health needs and providing the
capacity for distance collaboration, particularly with partners in rural and underserved areas. An
additional counselor/researcher will both provide direct services and conduct research in their
respective area of mental health, collaborating with the College of Health professions, the CTM,
Riverstone Health and other external and internal entities.

4. Provide seed grants to spur public/private collaboration

The Center for Translational Medicine will provide seed grants to spur innovative basic and translational
biomedical research, prioritizing public/private collaborations and projects with the potential for
commercialization. We estimate awarding five seed grants at up to $60,000 each, for a total of
$300,000.

Workforce Development

Healthcare is the largest and fastest growing economic driver in Billings and Yellowstone County,
employing over 14,000 people (17 percent of total covered employment) and paying more than
$819,000,000 in wages. The CTM, Clinical Testing Lab, and expanded Mental Health Services will provide
sites for clinical training in fields identified by the Montana Department of Labor and Industry as
undersupplied in the southcentral region: human services, mental health, and substance abuse social
workers; chemists; and medical and clinical lab technicians (Watson, 2017). MSUB is committed to STEM
education and the training of future healthcare workers. The CTM and the Clinical Testing Lab will be
integral players in this mission.

CTM. As an extension to the regional medical sector, the CTM will make Billings an attractive location to
professionals and students interested in healthcare training and employment. Research projects
housed at the CTM will employ lab assistants, offer internship opportunities for MSUB undergraduates

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and advanced training opportunities for clinicians. In addition, research projects supporting
entrepreneurial ventures will lead to Biotech startups in the region that would be expected to employ
scientists.

MSUB Clinical Testing Laboratory. The MSUB Clinical Testing Lab will initiate an internship program for
MSUB students enrolled in the Medical Laboratory Science (MLS) major. The MLS major prepares
students for careers in diagnostic clinical testing labs in hospitals, clinics and private companies. The
internship experience provided by the MSUB Clinical Testing Lab will be important in making MSUB
graduates competitive for further education and employment in this critical sector of healthcare.

Mental Health Services. This will provide additional internship opportunities for master’s students in
MSUB’s popular Rehabilitation and Mental Health Program. Internship opportunities have been greatly
impacted by COVID19 and this will enable us to train students to meet the needs of our population.

Requested Funding
Total Requested Funding: $3,000,000

CTM $2,050,000
Finance renovations
Purchase equipment
1.0 FTE CTM Director

MSUB Clinical Testing Laboratory $150,000
Cepheid GeneXpert Xpress

Service contract

Supplies

0.25 FTE Lab Director

0.5 FTE Lab Assistant


Mental Health Services $500,000
Finance renovations

Purchase and install telehealth technology and infrastructure

1.0 FTE Mental Health Counselor/Researcher.


Seed grants for public/private collaboration $300,000,
An estimated five seed grants at $60,000 each

Community Partners
Billings Clinic
St. Vincent’s Healthcare
Riverstone Health
St. John’s United
Zoot Enterprises
Billings Urban Indian Health & Wellness Center
Big Sky Economic Development
Montana BioScience Alliance
Montana Institutes for Science and Technology (MIST)

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BUTTE

Butte Bioscience Incubator, Butte, MT

Overview
This proposal is responsive to House Bill 632 of the Montana 67th Legislature which allows for funds
provided by the Department of Treasury through the American Rescue Plan Act to be used on public
health and human services programs and for economic stabilization. We seek funding to establish the
Butte Bioscience Incubator (BBI). We seek to: 1) establish Butte’s first business incubator, with a focus
on fostering bioscience businesses, 2) partner with industry to identify new solutions and to expand
commercial research and development of new technologies, 3) provide incubator space for new
companies to develop solutions for industries that pertain to and are directly involved in the bioscience
space and 4) expand the capacity of the BBI for student education and community outreach, both on
site and in partnership with satellite sites across the state. Each of these goals can succeed
independently and thus, can be separately considered for funding, as needed.


Background
Butte Bioscience Incubator. Butte continues to expand its economy, transitioning from a long serving
large company town to a much more diversified and modern economic base. Perhaps the most
significant change in the regional economy is the emergence of entrepreneurship. Small, startup firms
have become the norm over the past dozen years or more. Small clusters of startup firms have
emerged to become wellestablished businesses contributing to the overall regional economy. Much of
this has been a result of the concentrated support for entrepreneurs resulting in an emerging ecosystem
consisting of programs, institutions, amenities, and other assets that are recognized as providing
support that is critical to the emergence of this segment of the local economy. While this ecosystem
continues to become more established and effective over time, the Butte Local Development
Corporation and its partners have opted to examine the potential of establishing a business accelerator
to further spur entrepreneurship. With the focus of Montana Tech and the development of the Praxis
medical training facility, there is demand for businesses in the bioscience cluster, a trend that this
project will foster into tangible businesses and economic development projects.


Goals
The goal of this project is to develop a business incubator in Butte to support businesses and
entrepreneurs and foster economic growth that focuses on the bioscience space. The economic
implications of COVID19 have been widespread throughout our community, and this project would be a
direct response to these setbacks, leading to economic growth and investment in Butte.

Specifically, we intend to:

1) Establish Butte’s first business incubator focused on developing businesses in the Bioscience
space.

2) Partner with industry to identify new solutions and to expand commercial research and
development capabilities of the Bioscience industry


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3) Provide incubator space for new companies to apply knowledge to develop biological solutions
that sustain, restore, and improve the quality of life for humans, plants, and animals in our
world.

4) Expand the capacity of the BBI for student education and community outreach, both onsite and
in partnership with satellite sites across the state


Goal 1: Establish Butte’s first business incubator focused on developing businesses in the Bioscience
space
Business incubators are a relatively new concept as an economic development strategy created to assist
early stage and startup ventures to define and build their initial products, identify promising customer
segments, and to secure resources, including capital and employees. Often, incubator programs are of a
relatively short duration, perhaps lasting about three months, usually providing a small amount of seed
capital and working space, and engaging mentors such as other successful entrepreneurs, potential
investors, and others who provide support in accelerating the startup process. In 2015, there were more
than 170 incubator programs that offered earlystage startups investment and mentorship in exchange
for equity in the United States. That was more than 10 times the 16 incubator programs that existed in
2008. Though information about the effectiveness of business accelerators is incomplete, they have
reportedly resulted in creation of thousands of new, successful ventures. We intend to develop the
incubator in the Thornton Building, one of Butte’s leading technology centers. The space is home to two
economic development organizations that provide onsite training and have an established track record
of promoting and supporting small businesses throughout Southwestern Montana. In addition to
programming the facility is the center of Butte’s fiber loop and provides other amenities that make it an
ideal location for this project.


Goal 2: Partner with industry to identify new solutions and to expand commercial research and
development capabilities of the Bioscience industry
Butte has long been a leader in emerging technologies. Whether it is the resource extraction industry,
the airline industry or IP that has been developed at Montana Tech, Butte is full of innovators. The
culmination of this project will provide support through partnerships with industry experts and faculty
from Montana Tech to continue this tradition of innovation. The research capabilities and facilities that
are located on the Montana Tech campus can be utilized as space for innovators to test their products,
and the engineering school has the unique ability to drive ideas into reality. In addition to this
partnership, a local business, The Praxis Center, a developing world class medical training facility will
provide access to leading trainings in the bioscience space and partner to work with entrepreneurs in all
capacities.


Goal 3: Provide incubator space for new companies to apply knowledge to develop biological solutions
that sustain, restore, and improve the quality of life for humans, plants, and animals in our world
One of the keys to successful entrepreneurial development is space for innovations to occur. The
benefits of colocating businesses, being immersed in an entrepreneurial environment and having access
to experts in the field spawns businesses that grow into companies. We have identified approximately
6,000 sf of commercial space in Butte’s historic Uptown that can be transitioned into an incubator,
complete with coworking space, individual offices and technology capabilities that are needed for this
type of development. The space will also be home to Southwestern Montana’s economic development

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organizations, onsite consultants that can work with entrepreneurs on product development, business
planning and longterm strategy. The space will coordinate with both the public and private sector to
encourage collaboration and provide additional resources to the project.


Goal 4: Expand the capacity of the BBI for student education and community outreach, both onsite and
in partnership with satellite sites across the state
Butte’s central location in Montana has long proven to be a valuable asset to the community. This site
has the ability for entrepreneurs to not only benefit from working with companies and higher education
in Butte but with neighboring universities and companies in Bozeman, Billings and Helena. The ability to
collaborate with these other institutions will ensure that companies have access to the skills and tools
that they need for turning ideas into businesses. In addition to this outreach, the BBI will have close ties
with local education institutions, working to develop the entrepreneurial spirit in students at a young
age, sharing that business ownership is a viable career path. Bioscience is an industry that is rapidly
emerging throughout our state and community. The ability to use biological advancements to improve
human life has shaped our plan and will be a constant thread through the businesses that are supported
by this incubator.

Further detailed objectives with anticipated outcomes

Opening of BBI

Define and plan the physical space and staffing requirements for the incubator

Work with partners to define industry sectors, development of programming

Establish all partnerships necessary to carry out the goals of the incubator programming,
focus on public/private partnerships

Develop staff positions and recruit a center director

Develop architectural drawings and build out R&D business incubator space

Launch expansion of education of future leaders at the high school, community college, 4
year and partner with organizations throughout the region to grow workforce through
incubator programming

Recruit first class of incubator participants

Requested funding
In order to establish BBI we seek funding to:

1) Redevelop space in the Thornton building and create the physical incubator ($1m)

a. This will include retrofitting existing space, purchasing necessary equipment, upgrading
mechanical of the space and creating an environment that is conducive to
entrepreneurial development.

2) Develop programming for incubator ($474,000)

a. One of the critical components to a successful incubator is education and programming.
This cost will provide dedicated staff and resources that will support the project.


Total requested funding: $1.474M

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