Developing Funding Opportunities in Montana

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SEC Updates Accredited Investor and Qualified Institutional Investor Definitions

The adopted amendments are meant to expand the number of persons eligible to participate in private offerings based on knowledge and sophistication versus the prior rules focus on income and net worth.

Sweetgrass Development works to help Montana’s rural businesses

The money will help teams hire individuals who can focus on capacity building and planning.

Montana Community Development Block Grant Community Planning Grant Applications are being accepted through October 15, 2020. 

In an effort to support social distancing, electronic submission ONLY of application materials is strongly recommended, hard copy will be accepted, but not required.

Working to eliminate obstacles to growth and development in Great Falls

“There are going to be projects, that in order to work – they need the support both of tax abatements and tax increment financing,” said Brett Doney, president and CEO of the Great Falls Development authority.

Governor Bullock Pivots Innovate Montana Symposium to Online Business Success Platform

The Governor’s Office of Economic Development is working with business leaders in Montana and beyond for the video series. A launch in October has been targeted for the Innovation Hub, and further announcements will follow as more detail becomes available.

Montana could lose $9.7 million per year with 1% undercount in census

“We will live with the consequences of this undercount for the next decade.” Kendra Miller Montana Districting and Apportionment Commissioner

Governor Bullock Announces Montana Working Capital Program

Governor Steve Bullock today announced the new Montana Working Capital program which builds off the Montana Loan Deferment program by allowing Montana businesses to take out a new loan to support economic recovery. 

Angel-investor leaders applaud SEC’s new ‘accredited investor’ definition – After this change, having sufficient “knowledge and expertise” is all it takes.

Liz Marchi, who now serves as the head of marketing for an interesting new White Fish, Montana-based venture fund named Two Bear Capital, said the decision “embodies Chairman Clayton’s attitude that there shouldn’t be arbitrary thresholds. This will help reach innovators and problem solvers beyond the ecosystem centers.”

MEDA News September 2020

MONTANA NEEDS YOU: IF YOU DO NOTHING ELSE TODAY, DO THIS!     Take the Census; share the Census.

Census Undercount Will Have Long-Lasting Repercussions

An undercount is likely this year, particularly in communities that are traditionally underrepresented. As a result, cities will not have access to crucial federal funds over the next decade.