News
The Great Falls Development Authority Index
Number of new primary sector jobs announced: 215-265
Dollar amount of new primary sector capital investment announced: $278 million
Dollar amount of Big Sky Trust Fund grants secured for primary sector clients:$598,400
Number of new market rate apartments announced: 240
Number of exhibits at targeted industry trade shows: 4
Number of primary sector prospect visits to Great Falls: 3
Number of AgriTech Park lots put under agreement: 1
Percentage of land in phase 1 of AgriTech Park now sold or under agreement: 39%
Number of small businesses coached: 79
Number of coaching sessions: 172
Number of small business trainings offered: 12
Number of new Entrepreneur Elite high growth business clients: 1
Private financing secured by micro-enterprise clients: $145,000
Amount of federal contracts won by small business clients: $3,863,879
Number of new businesses started by entrepreneur clients: 1
Number of farmers and ranchers assisted with NRCS contracts: over 50
Dollar amount of contracts won by clients: $3.7 million
Amount of loans made to businesses for start-up and expansion: $2,226,000
Amount of private funds leveraged by GFDA loans: $7,335,836
Amount of loan commitments issued to close in current quarter: $2,140,000
Percentage of GFDA loans that are delinquent: 0%
New loan capital secured: $300,000
Number of GFDA team members certified as new Economic Development Finance Professionals: 2
Total number of team members now certified: 4
GFDA (High Plains Financial) ranking amongst SBA 504 lenders in western U.S.: tied for 1st
Dollar amount of funds received from City for Downtown Loan Fund: $80,000
Number of accredited economic development organizations in Montana: 1 (GFDA)
Number in Montana, Colorado, Idaho, Oregon, North Dakota, South Dakota, Utah and Washington: 1
Cost of living in Great Falls compared to national average: 87%
Cost of business operations: 86%
Drop in Montana workers compensation insurance rates in 3 years: 27%
Number of local marketing professionals who participated in launching Great Falls Marketing Alliance: 20
Montana ranking in entrepreneurship per capita: 1st
Decrease in GFDA operating expenses compared to first quarter of previous fiscal year: 4%
Increase in operating expenses for out of state business investment attraction: 165%
Percentage of first quarter income from local investors: 35%
Great Falls Metro Area unemployment rate: 4.6%
Ranking amongst all 372 U.S. Metro areas: 23rd
Number of new microbreweries under construction downtown: 1
Number of Irish cowboy pubs under construction downtown: 1
Chance that both are within 2 blocks of GFDA’s office: 100%
The Great Falls Development Authority http://www.gfdevelopment.org/
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