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Governor Bullock and Director O'Leary Announce Grants to Support Film Production in Montana

HELENA – Governor Steve Bullock and Montana Department of Commerce Director Meg O’Leary today announced the award of $281,519 in Big Sky Film grants to support the production of 21 new film and multimedia projects taking place in Montana.
“There are so many talented media makers doing business and creating valuable content in Montana,” said Bullock. “They are part of a growing industry that impacts many Montana communities and I am glad we can support these efforts that showcase all our state has to offer.”

Friday, July 24, 2015

Governor Bullock and Director O'Leary Announce Research and Commercialization Technology Grants for Eight Cutting-Edge Research Projects

Research in Lab

HELENA – Governor Steve Bullock and Montana Department of Commerce Director Meg O’Leary today announced the recent award of $698,091 in grants to eight research projects in Missoula, Billings, Bozeman and Belgrade. The funding is being made available through the Montana Board of Research and Commercialization Technology (MBRCT).
“These state-of-the-art projects will significantly and positively impact Montana’s opportunities for economic growth,” said Bullock. “Through investments in innovative research and commercialization, we’re not only supporting cutting-edge projects and jobs today, but we’re also helping to define what Montana’s economy looks like for years to come.”
The MBRCT supports economic development by investing in research projects that have a clear path to commercialization. The MBRCT has funded 216 research projects totaling $41 million since 2001.

Wednesday, July 22, 2015

Gardiner, Belgrade, Livingston Receive New State Funding for Tourism Promotion


HELENA – Three Montana cities have new resources for promoting travel to their areas after forming the state’s newest convention and visitor bureaus (CVBs).

Nonprofits in Belgrade, Gardiner and Livingston will receive state Lodging Facility Tax (also known as the bed tax) funds collected in fiscal year 2016 to promote tourism through a CVB. The Montana Office of Tourism (MTOT) works closely with CVBs to provide education and development resources, joint venture advertising opportunities and more.

“Tourism drives economic growth by supporting businesses and jobs across Montana,” Montana Department of Commerce Director Meg O’Leary said. “By forming a CVB, each of these cities will have new ways to increase the positive impacts of tourism in their communities. We welcome and look forward to working with them.”

Tuesday, July 21, 2015

Governor Bullock and Director O'Leary Announce $500,000 Coal Board Grant Award to the City of Colstrip for Wastewater Upgrades

HELENA – Governor Steve Bullock and Montana Department of Commerce Director Meg O’Leary announced the recent award of $500,000 to the City of Colstrip for construction costs associated with upgrades to the city’s wastewater treatment plant. The Montana Coal Board made the award.

“A strong infrastructure is a critical piece of a strong economy. I am glad that we are able to support regional efforts to deal with the everyday impacts related to Montana’s coal industry through entities such as the Montana Coal Board,” said Bullock. “This is another example of Montana’s strong fiscal management assisting local economic development throughout our state.”

The City of Colstrip’s wastewater treatment plant is 37 years old, and has operated without substantial upgrades since 1978. A recent wastewater system Preliminary Engineering Report (PER) revealed several major deficiencies including inadequate pretreatment facilities and the lack of a redundant clarifier. These deficiencies create a health risk for operators, and hinder efforts to establish a successful maintenance and repair program.

Monday, July 20, 2015

Governor Bullock and Director O'Leary Announce Economic Development Funds for Fort Peck Assiniboine and Sioux Tribes

Fort Peck

HELENA – Governor Steve Bullock and Montana Department of Commerce Director Meg O’Leary today announced the recent award of $65,000 to support economic development efforts by the Assiniboine and Sioux Tribes. The funds will support a Business Development Manager position, which will manage several projects critical to economic success on the Fort Peck Indian Reservation.
“This grant will support efforts by the Assiniboine and Sioux Tribes to continue to build and strengthen their regional economy,” said Bullock. “We are pleased to be able to support tribal entrepreneurial ventures, create and retain jobs, and further develop infrastructure on reservations.”
Available through the Indian Country Economic Development (ICED) program, Director O’Leary said the funds will help the tribes bring new and existing projects to fruition.

Tuesday, July 14, 2015

State of Montana Moves Forward in National Disaster Resilience Grant Competition

The U.S. Department of Housing and Urban Development (HUD) recently announced that the State of Montana has made it to Phase 2 of the CDBG-NDR Competition. If the State is successful, these grant funds will provide a historic opportunity to help Montana communities address unmet recovery needs and increase long-term resiliency across Montana.  

For Phase 2, the State will work with its partners to identify resilient projects in areas that have met thresholds set by HUD to be eligible for grant funding.  In the coming days, the Department of Commerce will be in contact with all communities and partners that participated in the Phase 1 application process to discuss next steps.  Additionally, the Department will be scheduling meetings, one-on-one outreach and technical workshops in the coming months, to further engage Montana communities in the CDBG-NDR process and overall resiliency efforts.

Monday, July 13, 2015

Governor Bullock Announces Major Economic Summit in Montana July 12 - 16

Governor Bullock Speaking

Helena, Mont. – Governor Steve Bullock today announced that more than 500 leaders in government, business, and academia from the northwest United States and western Canada will come together at the 25th Annual Pacific Northwest Economic Region (PNWER) Summit, July 12 – 16 in Big Sky, Montana. This is the first time the Summit will be held in Montana.

“It is an honor to host this large gathering of respected business and policy leaders from around the region right here in Montana,” said Bullock. “I look forward to sharing Montana’s economic and policy achievements with our neighbors, learning from their accomplishments, and working together to increase collaboration on critical issues that transcend our regional boundaries.”

Wednesday, July 8, 2015
Categories: Market MT

Montana is the Top State for Entrepreneurs for the Third Year in a Row

Collaboration at Table

HELENA – Governor Steve Bullock today highlighted a report from the Kauffman Foundation that shows that Montana, for the third year in a row, has been named the top state for entrepreneurial activity, with 540 new entrepreneurs for every 100,000 adults in a given month.  This was up from 490 new entrepreneurs in a given month in last year’s report. The report also showed that Montana’s start up density, which measures the number of startup firms per 100,000 residents, was up from 184.7 last year, to 195.7 in this year’s report.

Monday, June 8, 2015
Categories: Market MT

$3.3 Million of Revolving Loan Funds Available for Montana Wood Products Businesses

Lumber in Forest

The Montana Department of Commerce has over $3 million available in state and federal loan funds to assist wood product and wood processing businesses that have suffered or are suffering economic hardships.

The Department administers two different revolving loan funds, one funded by the State of Montana and one by the US Department of Commerce – Economic Development Administration.

$1,888,000 - State Wood Products Funds Available

$1,446,000 - EDA Wood Products Funds Available

The Wood Products Revolving Loan Fund Programs provide a long-term affordable lending tool to assist businesses in retaining or creating jobs providing a long-term economic benefit to the state of Montana.

For more information about the Wood Products RLF Program and how to apply for a loan, please contact Carolyn Jones, Section Manager: (406) 841-2594

Thursday, May 7, 2015
Categories: Market MT

Governor Bullock and Director O'Leary Announce $4 Million to Enhance Senior Housing in Missoula

HELENA – Governor Steve Bullock and Montana Department of Commerce Director Meg O’Leary today announced the recent award of $4,035,550 in federal Housing Credits to the Missoula Housing Authority to assist with the rehabilitation of River Ridge Apartments. The River Ridge complex has 70 units available to low-income and disabled seniors. The federal funding is being made available through the Montana Board of Housing.

“Montana seniors have helped to build our state and make it a place we can all be proud to call home. This project will ensure they can continue to live and thrive in a community they love,” said Bullock. “My administration will continue to work with communities across Montana to increase access to safe, quality, and affordable housing for those who need it most.”

Monday, April 6, 2015
Categories: Housing Division

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