Startups Grow in Missoula, Bozeman and the Bitterroot Valley
Montana provides a great business environment and lifestyle
If you want to start a business in Montana, you are not alone. Recently, the Montana High Tech Business Alliance announced a list of business startups in the technology and manufacturing industries to watch in 2018.
These companies have ten or fewer employees and:
- “Steep revenue growth and/or are working in a high-growth sector
- Poised to launch high-potential products or services
- Own or are developing valuable intellectual property
- On track to land major clients or enter new markets
- Plan to expand operations or add a significant number of jobs in 2018
- Have management teams led by experienced entrepreneurs or top experts in their fields”
The finalists named were:
- “Cowboy Cricket Farms, Belgrade
- DermaXon, Missoula
- io, Whitefish
- GeoFli, Missoula
- Inimmune, Missoula
- PinnaCal, LLC, Corvallis
- Sellout, Bozeman
- Triple Tree, Bozeman”
Why Start a Business in Montana?
Funded by the Ewing Marion Kauffman Foundation, the report entitled, “A New Frontier, Entrepreneurship Ecosystems in Bozeman and Missoula, Montana,” outlines the benefits to starting a business in Big Sky Country.
According to the report, the area offers unique assets including: local support organization, venture capital, a good workforce with high retention rates, diversity, mentors, a great quality of life, and more.
And “research by other scholars also highlights that Missoula and Bozeman ranked 9th and 12th highest in startup rates among 394 areas in the country,” per the report.
Plus, it’s a great place to raise a family. There are endless outdoor and indoor activities, great schools and universities, entertainment and sports facilities, and more.
Plus, the cost of living is much less than many big cities in the U.S., there are convenient airports and transportation that make it easy to travel anywhere, and it’s a beautiful place to live with friendly, warm people.
Montana Is Not Just for Recreation
If you’ve just thought about visiting Montana to fly fish, enjoy the snow or a local rodeo, the state has so much more to offer. There are great opportunities for business startups to grow and be successful. Plus, the local communities and parks offer unique activities, food and entertainment for all ages.
Want to find out more about starting a business in Montana and the local area?