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GFDA Top 14 10-27-13

1) We issued a $990,000 loan commitment to the ADF Group to help finance its new fabrication and assembly facility in Great Falls in partnership with U.S. Bank.

2) New Jersey Resources has purchased the Two Dot wind project and plans to start construction on the six turbine $22 million project.
3) Networked with corporate real estate executives and site selectors at the annual Corenet Global Summit and was invited to join Corenet's Industrial and Manufacturing Knowledge Community.
4) Assisted a local business with market research on the amount of government contracts available in their area of expertise along with strategies to find solicitations in federal, state and local databases.
5) Worked with an entrepreneur looking to start a retail concept in Great Falls. Discussed core demographics of the market the concept would serve and pulled data from online market research databases to create market parameters and determine the size in number and dollar. Worked with a start-up that ran into a cash crunch caused by unplanned start-up expenses. Discussed costs of goods sold as a percentage of sales to insure pricing reflected sufficient margins to sustain operations. Discussed growth options with another company considering the feasibility of a multi-location growth plan.
6) The Downtown Development Partnership held its first inaugural annual meeting. We drafted guidelines for the Partnership to use to review project-specific tax increment financing applications to make recommendations to the City Commission.
7) Exhibited and networked at the annual conference of MSU's College of Agriculture.
8) Submitted a proposal to the Montana Farmers Union to boost our efforts to grow and diversify agri-processing operations in the Great Falls region.
9) Submitted comments to Montana State Parks in support of expanding an easement to allow a new rail spur to serve the Great Bear Innovation Park.
10) Our upcoming Start-Up Spark! sessions for entrepreneurs looking to start new businesses will be Thursday November 7th, Friday November 15th and Thursday November 21st, all at noon at GFDA. Contact Rebecca Engum for more info at REngum@GFdevelopment.org or 1-406-771-9032.
11) The Montana Manufacturing Extension Center is offering a Lean Manufacturing Workshop on November 13th in Bozeman. For more information visit MTManufacturingCenter.com
12) Hosted partners for the first in a series of webinars on using social media for economic development offered by the International Economic Development Council. The webinars are every Tuesday through November 26th, 12:30-2:00 PM at GFDA. RSVP to Jolene Bach at JBach@GFdevelopment.org
13) Advance Notice. The U.S. Commercial Service is offering a set of four webinars on doing business in Canada that will be held weekly from January 30-February 20. Visit Export.gov or contact Carey Hester at Carey.Hester@trade.gov or 1-406-370-0097 for more info.
14) If you're interested in business growth and economic development in Montana, one website I recommend checking daily is MATR.net, the website of the Montana Associated Technology Roundtables.

Congratulations to the Airmen of MAFB for acing their latest inspection!

Enjoy the snow and drive safe!

Untame your entrepreneurial spirit!

 

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