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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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