News

Department of Commerce Certifies 11 Development Organizations

The Montana Department of Commerce (DOC) has completed a competitive RFP process to award 11 Certified Regional Development Corporation (CRDC) contracts.

CRDCs receive state funding to facilitate economic development in their regions. Core activities include strategic planning, revolving loan fund management and business technical assistance. CRDCs also apply for state and federal funding programs, including those offered by DOC’s Office of Tourism and Business Development, on behalf of their constituents and administer those funds.

Author: Daniel Iverson

Full Story: http://commerce.mt.gov/News/PressReleases/ArtMID/19685/ArticleID/3061/Department-of-Commerce-Certifies-11-Development-Organizations

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