Montana Means Business
The State of Montana offers businesses a variety of tax credits, reductions and rebates in order to provide incentives to companies to locate to Montana and to expand and increase wages. In addition, Montana ranked 9th in ‘Best Tax Code for Business’ and 12th ‘Best in State and Local Tax Burden’ by The Tax Foundation – and Montana has no sales tax and no inventory tax!
The Frontiers of Technology
Montana offers an unmatched combination of natural and intellectual resources in a vibrant, entrepreneurial economy. The Montana University system has over $160 million in grants and contracts in its research pipeline, excellent research facilities and programs based on life sciences, and their graduates provide a well-educated, ready-to-work talent pool.
Montana also has a dozen biomedical research organizations, economic incubators and, of course, the Montana BioScience Alliance.
Room for Growth
One thing Montana is not short on is open space. We have plenty of room for your business to grow and expand. In addition to our wide-open spaces, we have a variety of industrial, technology, business parks, and tax increment financing districts for your business to thrive in.
A Ready Workforce
Montana businesses benefit from the investment Montana makes in its workers. Two or four-year institutions are located in each of Montana’s major employment and trade centers and Montana’s technical colleges partner with business and industry to meet the employment needs of the community.
Education is something Montanans take seriously. Our dedicated teachers and professors are some of the best in the nation. And with a student/teacher ratio well below the national average, teachers have the opportunity to effectively instruct their students. Montana ranks second best in the nation for the percentage of its population that has graduated from high school, and a quarter of the 25-and-older population possesses a bachelor’s degree.
The Governor’s Office of Economic Development and the educational institutions within the Montana University System are available to develop needed training plans and the Montana Department of Commerce’s Business Resource Division administers two workforce training grant programs.
The “Last Best Place” to Live
Montana provides pristine beauty and an excellent quality of life. But they don’t come at a high cost. In fact, most of our cities are at or below the national average when it comes to cost of living – in Montana the median price for a home is $99,500. Combined with abundant recreational and arts activities, advanced health care facilities, and safe communities, Montana offers an unbeatable lifestyle.
Contact the Governor’s Office of Economic Development for more information or assistance!
For more information about Business & Technology in Montana click here.