Accessing Business Capital in Montana

Statewide Capital Scan:

A study of the access and flow of small business capital in Montana.


Sign up to receive the full report when it is completed (Estimated May 2023).

The focus of the study is to provide crucial information on the funding landscape of Montana, identifying challenges and opportunities, for funders, bankers and policy maker.

By providing data we hope to support more capital being deployed successfully across Montana by suppling informative data. Working closely with the Bureau of Business and Economic Research (BBER), we are studying both the supply side (lenders & financiers) and the demand side (Businesses) of capital (money) flows in Montana.


Download Project Description

Project Team Partner:

Catalyze Global Impact logo

Financial Sponsors:

Lead Sponsor



Supporting Sponsors

Montana Dept. of Commerce Logo


Data Analyses:

Bureau of Business and Economic research BBER logo


Study Timeline:

October 2022 - Funder Survey launched to funders around the state of Montana.

December 2022 - Business Survey launched to business owners around the state of Montana. 

February 3, 2023 - All surveys end and data collection is closed.

February - April 2023 - Data analysis, qualitative focus groups and interviews, gathering feedback from Advisory Committee, and drafting of the report.

May-June 2023 - Distribution of study results begin (click here to sign up to receive the results).

Summer and Fall 2023 - Study team travels Montana to present study findings at multiple busienss-focused events. If you would like to invite the study team to present at your event, please click here to complete the invite form

Study Advisory Committee Members:

Lad Barney - USDA Montana State Office

Marcy Allen - Missoula Community Foundation

Jenn Ewan - SOVA, PLLC

Kelcie Bates - Great Northern Development

Angie Main - NACDC

Steve Clairmont - Mission West Community Developmen

Maria Valandra - Island Mountain Development Group

Luke Robinson - Commerce - Indian Country Programs

David Rook - Clearwater Credit Union

Liane Taylor - Montana Department of Commerce

Tim Schreiber - Montana Independent Bankers and Farmers State Bank

Jenny Nygren - Wells Fargo

Scott Kessler - Northwest Farm Credit Services

Brian Cooley - Stockman Bank

Chad Robinson - First Bank of Montana

Rena Carlson - SBA

Looking to Raise Capital in Montana?

Know the laws before you start. See the Securities and Insurance Office for a complete guide. Don't let the name scare you, they are very helpful. 


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