RCEDA
RAVALLI COUNTY ECONOMIC DEVELOPMENT AUTHORITY
Setting up shop
Jan 6th
Ravalli Republic January 6, 2010 by Jeff Schmerker
An empty cubicle waits for a new hire at Falcon Asset Management in the Ravalli Entrepreneurship Center. The company has a patent-pending process to manage so-called “distressed” assets. WILL MOSS – Ravalli Republic
The city of Hamilton is lending support to the opening of a major new local business.
The city in December agreed to help channel state Department of Commerce business development funds to Falcon Asset Management Group.
The $235,000 grant is meant to help the company hire and train new workers; the company has applied for the funds but not yet received them.
Brenda Jurgens, More >
Commerce officials defend loan program
Aug 21st
Ravalli Republic August 21, 2009 by John Cramer
In a contentious meeting Thursday with Ravalli County commissioners, Montana Commerce Director Tony Preite defended his department’s handling of a new federal and state stimulus program for the timber industry.
Preite also denied that his long-time friendship with Dick King, president of the Missoula Area Economic Development Corporation, was unduly influencing the DOC’s decision-making.
Preite told the commission he requested the meeting in response to their critical comments last week in a Ravalli Republic article, which he said prompted a flurry of calls to the DOC from across the state.
After an hour and More >
RCEDA’s new center moving forward
May 25th
Ravalli Republic May 25, 2009 by John Cramer
Four gold shovels will break ground Tuesday on the Ravalli Entrepreneurship Center, but the project’s foundation was laid more than a decade ago.
In the 1990s, the Bitterroot Valley’s population skyrocketed and community leaders envisioned a local economy that was less dependent on agriculture and logging and more invested in technology, information and consumer services.
Come Tuesday, the Ravalli County Economic Development Authority will break ground on the REC, a $3.2 million facility designed to usher in a new era of economic development, employment and education. Construction started last month and the 10,000-square-feet building’s More >
Tax Increment Finance Districts
May 6th
On May 4th, a public meeting for the land owners of a proposed Urban Renewal Tax Increment Finance District located in the Old Corvallis Road area was held in Hamilton. The power point presentation and map are available through the links in this post.
An Urban Renewal District is a mechanism for providing needed infrastructure to the area and does not restrict the use of private property.
Types of Improvements that could be Undertaken in the proposed District
GlaxoSmithKline supports Montana effort
Mar 9th
International pharmaceutical giant GlaxoSmithKline is supporting a local Montana effort to start a business incubator, the Ravalli Entreprenuership Center, to foster the Bitterroot Valley’s fledgling biotech industry.
“We’ll be assisting the RCEDA with vetting applicants and assessing proposals to make them more solid, to make sure they have rigorous review and a solid business plan,” said Michael Covarrubias, site director of GSK’s Hamilton operation. “We expect that most of them will need money. The RCEDA can introduce them to investors, and our hope is that some could be funded.” For Julie Foster, head of the Ravalli County Economic Development Authority, Covarrubias’ More >
Supporting Economic Development in Hamilton
Nov 21st
RCEDA would like to thank the City of Hamilton for their continued support to RCEDA as we provide the tools entrepreneurs and small business needs to create, expand, and maintain strong, healthy companies with good paying jobs in Ravalli County and the City of Hamilton.
Affordable benefit plan seminar for employers
Nov 18th
December 9, from 9:00 AM – 11:00 AM a seminar on “Benefits You Can Afford to Give” will be sponsored by the Bitterroot Job Service Workforce Center (JSEC). Benefit plans and the positive impact they have on your business and employees will be discussed along with many other topics. Please see the flyer for more details. Speakers are Jane Foster with Edward Jones and Adam Sangster with Apex Human Resource.
During the Ravalli Business And Expansion (BEAR) meetings with local business owners our teams always hear about the concern and frustration the businesses have in tyring to put benefit plans together for More >
Commissioner of Higher Education recommends no to Bitterroot Valley Community College
Nov 17th
The Commissioner of Higher Education recommends that the Bitterroot Community College be denied. In a draft 184 page report of the Bitterroot Valley Community College (BVCC) District Proposal ITEM 141-104-R1108 | OCHE Analysis of Proposed Bitterroot Valley Community College the Commissioner’s section 2.4 Conclusion reads in part:
It is important to recognize that the trustees-elect in Ravalli County have had to engage in these planning activities without two critical assets: the expertise of an administrative team of community college professionals directed to do this work and a budget to support environmental scanning and data-driven planning. Given the voluminous and detailed documents prepared More >
Economic Develoment Support in Ravalli County
Nov 11th
RCEDA would like to thank Missoula Federal Credit Union for their continued support to RCEDA as we provide the tools entrepreneurs and small business needs to create, expand, and maintain strong, healthy companies with good paying jobs in Ravalli County.
RCEDA Accepting Proposals for REC
Oct 31st
The Ravalli County Economic Development Authority (RCEDA) is currently requesting proposals from qualified contractors, architects, or engineers that will include cost and schedule, for the design and construction of the Ravalli Entrepreneurship Center (REC) and the OCR III Lift Station. View Advertisement
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