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Small business is booming in Northern Idaho

October 12, 2005 /

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Bear Paw Development Corporation is a private non-profit organization created for the purpose of administering programs to help improve regional economic conditions in Hill, Blaine, Liberty, Chouteau and Phillips Counties and the Fort Belknap and Rocky Boy's Indian Reservations.

Spokane district seeing exceptional growth

The growth rate of small business in the Spokane district of the U.S. Small Business Administration, which includes North Idaho, continues at a record pace.

Even with the staff of the Spokane office cut back to three and loan processing moved to Seattle, the number of loans to small businesses is increasing.

"The good news is nationwide appropriation levels increased to $17 billion from $15 billion in fiscal year 2004," said Bob Beck, vice president and manager of small business lending at Mountain West Bank.

By RICK THOMAS
Staff writer

Full Story: http://www.cdapress.com/articles/2005/10/12/business/bus01.txt

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Montana Bioscience Cluster Initiative - Collaborative program design and execution and integrated programs fostering innovation, technology commercialization, entrepreneurship and sustainable small businesses

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