Economic Development Authority | Small Busines Development Center
Posts tagged Ravalli Republic Article
Victor is open for Business
Jul 7th
Community members and business owners please remember that Victor is open for business. Construction going on in and around Victor for the past two years along with our economy has put a damper on business patronage in Victor. I used to stop in Victor frequently until the most recent bought of construction, then I, like many others began taking the Eastside Hwy around the construction. I’m grateful for the recent calls from a few of the Victor businesses to let RCEDA know that business was slow as it was also a reminder that the services I value and have taken More >
Bitterroot College Program, RCEDA team up for classes
Jan 18th
Ravalli Republic – January 18, 2011 by Sepp Jannotta
A joint effort by the Bitterroot College Program and Ravalli County Economic Development Authority is seeking to get more Bitterrooters up the technological learning curve and ready for employment in today’s competitive job market.
The focal point of that effort is the raft of courses on computers and business acumen being offered as part of the BCP’s winter schedule of continuing education offerings.
According to Victoria Clark, BCP’s interim director, the response has been off the charts and the first set of introductory computers classes has been filled.
“We’ve already had one set of More >
RCEDA to sell bonds for new GlaxoSmithKline R&D unit
Sep 7th
Ravalli Republic September 7, 2010 by Jeff Schmerker
The Ravalli County Economic Development Authority has received permission to embark on an ambitious expansion plan for its entrepreneurship center.
The organization will likely use $4.5 million in revenue bonds to build a 16,400-square-foot building adjacent to the current entrepreneurship center in Hamilton. The building will be home to a research and development unit for GlaxoSmithKline.
The county already has $2.6 million available in state money; on Tuesday, commissioners gave permission for EDA to ask the state for an additional $1.9 million in bond capacity.
The bonds will be sold to private investors like banks, More >
County modifies revolving loan program
Aug 13th
Ravalli Republic August 13, 2010 by Jeff Schmerker
Currently, the county’s $700,000 revolving loan fund administered by county commissioners and the economic development authority is meant for Ravalli County businesses only.
But what if, for example, a meat processing plant was proposed for Lolo – and Bitterroot ranchers were to be the main supplier?
County commissioners on Thursday modified rules to the revolving loan fund so that they meet new statutory requirements. The county is in a certified regional development corporation with Missoula County and now each county can make loans to businesses in the other.
As before, all loans must be approved by More >

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