MCDC Brings California Warehouse Business to Bozeman March 8, 2010 MCDC recently provided a business loan to a Bozeman manufacturer and distributor of outdoor gear that helped move the company’s operations from California to Bozeman. The loan created employee ownership opportunities and brought new jobs to Bozeman. Pacific Outdoor Equipment, maker of durable camping, cycling, and paddling gear opened its warehouse adjacent to the East Gallatin River. The warehouse site provides employees with unique access to an extensive trail system and outdoor recreation opportunities consistent with its mission to provide excellent outdoor gear.
Iconic Butte Building Brought Back to Life December 9, 2009 MCDC brings crucial financing to an Uptown Butte revitalization project. The HistoricSearsBuilding in Butte is about to reclaim its former glory as a hub of activity in the heart of Uptown Butte. The building’s developers and local community partners aim to revitalize the historic neighborhood by bringing back a mix of urban housing and retail space to this early 1900’s five-story brick building.
MCDC Recieves National Award for NMTC Town & Country Project October 22, 2009 The Novogradac Community Development Foundation (NCDF) presented MCDC with Honorable Mention for its excellent work and achievement as a Small Business QLICI. The award recognizes excellence in community development entities that have made exceptional qualified low-income community investments. MCDC was presented with its recognition on the special achievement in the field of community development at the Novogradac & Company LLP's New Markets Tax Credit Investors Conference in Chicago, Ill.
Bozeman Grocer recieves help through the Federal New Markets Tax Credit Program September 23, 2009 MCDC’s second New Markets Tax Project will bring a much needed grocery store to Bozeman’s Southside. Town & Country Foods Inc. is opening its second grocery store in a renovated movie theater using innovative and energy efficient building practices. The new store will offer low-cost organic and local foods. It will create 60 full-time jobs with excellent benefits including employee ownership options.
Downtown Missoula gets New Building with New Markets Tax Credit Financing July 15, 2009 MCDC uses its New Markets Tax Credit Award to help revitilize downtown Missoula with a beautiful new LEED certified building for the downtown, providing employment opportunities and below-market rents for Missoula businesses.
U.S. Treasury Announces Two Million dollar Grant to MCDC for Small Business Loans June 29, 2009 The U.S. Treasury Department announced on June 29, 2009, a $2 million grant to the Montana Community Development Corporation (MCDC), of Missoula, for statewide business loans. Amidst stiff national competition, MCDC received the top dollar amount awarded for its loan fund.
SBA Programs Enhances Through American Recovery Act April 24, 2009 As a result of the President signing the American Recovery and Reinvestment Act on February 17, 2009, SBA has been assigned a key role in assisting with our nation’s economic recovery.
MCDC scores Big Checks for Small Business January 30, 2009 MCDC received loan commitments of $1,750,000 in government funding for loans to small business in Western Montana. Despite the economic slowdown, Montana businesses still have resources for starting and growing their business.
MCDC’s SUN Sponsors Small Log Conference November 14, 2008 Are healthy forests and a healthy timber industry mutually exclusive? No, says Craig Rawlings of MCDC’s SUN. And if you want to know why come to the 4th Small Log Conference, a one-of-a-kind event, bringing together national and international players specializing in small log utilization. The three-day conference offers perspectives from every side...... $40 Million Tax Credit Allocation Awarded to MCDC October 20, 2008 The U.S. Treasury Department awarded $40 million in New Markets Tax Credits to the Montana Community Development Corporation (MCDC) of Missoula at a ceremony today in Washington, D.C.. MCDC will use the credits to provide innovative business and real estate financing in low-income census tracts throughout the state. Help Highlighted: Around the State Orange Dots Raise Awareness June 10, 2008 Aimee McQuilkin, owner of Betty's Divine, has placed orange dots on her bags in support of the Missoula Community Development Corp., a nonprofit that helped her open the clothing store. "They're on every bag that goes ou... Click here for more info on this story >>
Hear about Social Investing at City Club Missoula on June 9 June 5, 2008 How are the fortunes of entrepreneurs of the past being recycled to help the entrepreneurs of today in Missoula, Montana? At City Club Missoula's June 9 forum, hear about the opportunities for individuals to invest t...
4th Annual Small Log Conference by MCDC’s “SUN” June 3, 2008 Plan now to attend "Living Locally, Surviving Globally", a unique conference bringing together national and international players specializing in small diameter log utilization. Held March 25-27 at the Coeur d'Alene Res...
MCDC Client Big Sky Shavings Wins $250,000 Forest Service Grant January 6, 2008 Big Sky Shavings is a new business in Hall Montana that makes wood shavings for horse bedding from small diameter timber. With the assistance of Craig Rawlings, of MCDC's Smallwood Utilization Institute (SUN), the owner...
First Came Coco Then Came Rue October 2, 2006 Less than one year ago MCDC helped Alice Marquardt and Kim Richardson open COCO Atelier, a women's boutique located in downtown Missoula. As veterans of the downtown Missoula retail scene, Marquardt and Richardson had id...
Forest Service Spotlights MCDC Smallwood Work June 20, 2006 MCDC is prominently featured in a recent Forest Service Fact Sheet on the Smallwood Enterprise Program. MCDC program director Craig Rawlings is quoted as saying that his "job is to help entrepreneurs answer the question ...
Summer Biz Buzz Newsletter Now Available June 6, 2006 MCDC's Summer 2006 Biz Buzz Newsletter is now available online. Read about MCDC's biggest day ever, its loan to the North Missoula Community Development Corporation, and its big p...
Rattlesnake Creek Pedestrian Bridge April 26, 2006 Balloons and dancers decorated the new pedestrian bridge over the Rattlesnake Creek last Friday as the US Forest Service, Friends of Missoula Parks, Montana Community Development Corporation and many other local organiza...
MCDC receives USDA Grant April 24, 2006 Agriculture Under Secretary Thomas Dorr today announced nearly $4.2 million in grants to 18 small enterprises to develop innovative uses for woody biomass in national forests as sources of renewable energy and new produc...
