The Montana Department of Commerce (DOC) has completed a competitive RFP process to award 11 Certified Regional Development Corporation (CRDC) contracts.
CRDCs receive state funding to facilitate economic development in their regions. Core activities include strategic planning, revolving loan fund management and business technical assistance. CRDCs also apply for state and federal funding programs, including those offered by DOC’s Office of Tourism and Business Development, on behalf of their constituents and administer those funds.
“The CRDCs serve a critical role and their teams work hard every day to strengthen Montana’s economy,” said DOC Director Meg O’Leary. “They know what’s going on in their communities, what needs to be accomplished, and how to best get it done,” O’Leary continued. “They are a key catalyst for economic development at the regional level and I look forward to working side-by-side with each of these fine organizations to provide professional economic development services to local officials, communities and businesses across Montana.”
The following organizations have been designated as CRDCs for the period of Jan. 1, 2016, through Dec. 31, 2019:
- Bear Paw Development Corporation (Havre)
- Beartooth RC&D Area, Inc. (Joliet)
- Eastern Plains Economic Development Corporation (Terry)
- Great Northern Development Corporation (Wolf Point)
- Headwaters RC&D Area, Inc. (Butte)
- Lake County Community Development Corporation (Ronan)
- Montana Business Assistance Connection (Helena)
- Prospera Business Network (Bozeman)
- Snowy Mountain Development Corporation (Lewistown)
- Southeastern Montana Development Corporation (Colstrip)
- Sweetgrass Development (Great Falls)
CRDCs may be contacted to discuss any business development projects. A list of CRDCs, including the counties they serve, can be found on the program’s website: http://crdc.mt.gov.
The Montana Office of Tourism and Business Development markets Montana’s spectacular unspoiled nature, vibrant and charming small towns, breathtaking experiences, relaxing hospitality, and competitive business climate to promote the state as a place to visit and do business.