Economic Development Authority | Small Busines Development Center
Posts tagged RCEDA
Montana CiderWorks – Darby, Montana
Apr 2nd
Montana CiderWorks North Fork cider received a Gold medal at the 2013 Great Lakes International Cider & Perry Competition. The blend includes hard-to-find traditional cider apples & crab apples alongside Bitterroot Valley apples.
Montana CiderWorks (MtCW) is an agricultural producer and manufacturer of mildly alcoholic cider, owned and operated by Lee McAlpine. The orchard and production facility are located on the McAlpine’s 42 acre property between the towns of Darby and Conner, Montana and have been in continuous operation since 2007. MtCW is the only commercial hard cider producer in Montana and maintains the only English/American cider-apple orchard in Montana.
RCEDA received a More >
RCEDA Welcomes Kay Clevidence and Doug Davis
Dec 14th
RCEDA would like to welcome Kay Clevidence to the Ravalli County Economic Development Authority Board. Kay was recently appointed for a term of 5 years by the Ravalli County Commissioners. Kay is the President and CEO of Farmers State Bank. Kay has been in the banking business for 30 years and President of Farmers State Bank for 15 years. Kay stated that, “Farmers State Bank is as strong as our community therefore it is important for me to participate in furthering economic development in the Bitterroot and to be part of an effort that helps our businesses be competitive worldwide.”
RCEDA More >
Bitterroot college program’s growth leads to expansion
Jul 15th
After just two years of providing courses, the Bitterroot College Program of The University of Montana is growing so quickly it is expanding its facility. In fall 2009, the Hamilton-based BCP offered six college courses in which 29 students enrolled. This fall the program expects to enroll more than 200 students in 35 courses. In addition to the BCP’s college programming, during the 2010-11 academic year the BCP served more than 300 students seeking workforce training in computer applications and business planning. Plus, another 150 students participated in cultural enrichment programming offered through the BCP’s lecture series, which included lectures More >
Equity Financing for Small Business
Mar 22nd
Friday, March 25 from 9:00 – Nooon – $15.00 at the Ravalli Entrepreneurship Center – Call 375-9416 to register or pay at the door
The sale of equity in your company is one way to raise capital for start-up or expansion. Small businesses can offer equity interest in their companies for capital provided they follow the rules that exempt them from much of the regulations governing the sale of securities. This workshop will cover the two ways most suitable for small business: the private placement and the limited public offering. David Bjornson, PC will be the instructor for the Limited Public Offerings and Richard More >
Blue Marble Wins $30K Grant from Montana’s DNRC for Woody Biomass Utilization
Jan 21st
Blue Marble is honored to receive a $30,000 grant award to plan, design and permit their renewable chemical biorefinery in the Bitterroot Valley of Montana. The Regional Woody Biomass Utilization Grant was awarded by Montana’s Department of Natural Resources and Conservation. The intent of the grant is to support the increased use of woody biomass for diversification of forest product markets. [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 makes another micro-loan
Nov 24th
Bitterroot Star – November 24, 2010 by Michael Howell
When Commissioner Jim Rokosch first conceived of the idea of establishing a micro-loan program to assist small businesses in the valley that did not qualify for traditional bank loans, Commissioner Carlotta Grandstaff immediately jumped on board. The idea was that the Ravalli County Economic Development Authority’s (RCEDA) loan program at the time was geared more towards helping larger businesses and projects while the small entrepreneur could easily fall through the cracks. Rokosch and Grandstaff successfully lobbied their fellow commissioners, got RCEDA to back them up, and a micro-loan program was put 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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