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Montana’s SBDC Network Supports 500 Jobs, Launch 58 Businesses in 2018

Montana SBDC Releases Annual Report

Wednesday, February 20, 2019/Categories: Market MT, Small Business Development Center Network

HELENA, Mont. – Montana’s Small Business Development Center network supported the creation or retention of nearly 500 jobs in 2018 through its work to assist small businesses growth and development.

Montana’s SBDC network, headquartered at the Department of Commerce, has released its 2018 Annual Report. The report finds the SBDCs supported Montana entrepreneurs successfully launch 58 new businesses.

One of those businesses is Ristorante Bella Roma in Helena. Owner Davide Giuliani said, “the Helena SBDC was extremely helpful and knowledgeable with writing and improving my business plan. They gave me the confidence and the peace of mind I needed to start a business.”

Montana is consistently one of the top states in the nation for entrepreneurial activity. In 2018, the state ranked number one in the U.S. for the share of the workforce employed by small businesses.

Since being formed in 1989, the Montana SBDC network has assisted more than 29,000 entrepreneurs through technical assistance, business planning and accessing capital. “With the SBDC’s help I was able to purchase the land and property that I was leasing and grow my business,” said Miles City-based Driven Repair, LLC owner Gregg Clark.

In 2018, Montana’s SBDC helped clients obtain 149 loans resulting in more than $24 million in financing.

Find additional SBDC Success Stories from across the state in the 2018 Annual Report. The following small businesses have shared their success stories:

  • The Sassy Biscuit Co., Billings
  • Core Control, Bozeman
  • Accu-Scribe LLC., Butte
  • Pardue Grain, Cut Bank
  • Boxcars Restaurant and Lounge, Havre
  • Ristorante Bella Roma, Helena
  • Montana Hoof Care, Fortine
  • Driven Repair, Miles City
  • Spartans Vehicle Repair & Tuning, Missoula
  • Wheatland Lodge, Scobey

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The Montana SBDC is funded in-part through a cooperative agreement with the U.S. Small Business Administration and the Montana Department of Commerce, visit sbdc.mt.gov.

 
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MONTANA OFFICE OF TOURISM AND BUSINESS DEVELOPMENT | MONTANA DEPARTMENT OF COMMERCE
301 S. PARK AVE. | P.O. BOX 200533 | HELENA, MT 59620-0533 |  T: 406.841.2870 |  F: 406.841.2871 | TDD: 406.841.2702