Regional Economic Development

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On the Horizon: New Unique Business Clusters Will Get Funded; Billions of Dollars of New Investment

Do a candid research and tech assessment of your region. Do you have unique capacity in one or more of these areas?

Snowy Mountain Development Corporation celebrates “EnVision Center” designation

With as many people as could fit in Snowy Mountain Development Corporation’s conference room in Lewistown on Wednesday, and with a few people there virtually, the corporation celebrated being the first economic development corporation in the country to be designated as an EnVision Center by the U.S. Department of Housing & Urban Development.

Energy, Tourism and Entrepreneurship Drive Success for Top-Performing Small Cities – Bozeman, Montana, ranked sixth

“Understanding how our country’s small communities were doing before the pandemic is critical for navigating the economic recovery ahead,” said Ross DeVol, president and CEO of Heartland Forward.

Governor Bullock Announces 45 Montana School, Community Infrastructure Projects Now Underway

“From Yaak to Sidney and Cut Bank to Baker, long overdue infrastructure projects across the state are now underway,” Governor Bullock said. “These 45 projects will fix leaking school roofs, replace obsolete boilers, install HVAC systems and repair crumbling public buildings. Thanks to a bipartisan coalition of legislators who agreed with me that making sustainable investments in our communities is key to economic growth, these projects are now full-steam ahead.”

States finding creative uses for CARES money to speed and sustain recovery including Broadband expansion

Gov. Bill Lee announced Tennessee will invest $61 million in CARES Act funding on broadband expansion to support distance learning, telehealth and Tennesseans working from home.

MSU TechLink receives federal grant to help high-tech companies

The program places particular emphasis on helping women and socially or economically disadvantaged individuals, and applicants from underrepresented or rural areas compete in the Small Business Innovation Research and Small Business Technology Transfer programs.

Missoula County approves land sale for $19.1 million television and film studio

A Montana-based company called Shadowcast Partners, LLC, is planning to purchase the county-owned land located in the Missoula Technology Park, about a mile north of the Missoula International Airport, to build a large-scale television and film studio.

Radically Rural: Art as an Amplifier for Community Connection

Artists and art collectives help small towns with creative problem-solving during the pandemic.

U.S. Department Of Commerce Invests $35 Million To Fuel High-Growth Entrepreneurship Across America Including Los Alamos Commerce And Development Corporation

U.S. Secretary of Commerce Wilbur Ross announced today that 52 organizations — including nonprofits, institutions of higher education, and entrepreneurship-focused organizations — from 36 states will receive grants totaling $35 million to support entrepreneurship, acceleration of company growth, and increased access to risk capital across regional economies.

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.

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The Montana Governor's Office of Economic Development is the state's lead organization to help businesses succeed in our state.

Great Falls trade area. Competitive for food, ag, bioprocessing, energy, and support. Closest U.S. metro area to Calgary. Untame Your Entrepreneurial Spirit!

It is simply amazing, without reserve, and the best piece of fine furniture we have ever encountered. ​-Ted LaCriox Arlee, Montana