The Beartooth Resource Conservation and Development (RC&D) organization delivered its annual report at the Yellowstone County Commissioner Meeting on November 14, 2023, highlighting significant economic development efforts across five counties in South Central Montana. The report emphasized the group's role in providing technical and business assistance to local municipalities and businesses, showcasing a strong partnership with the Big Sky Economic Development Authority (EDA).
During the meeting, representatives detailed their impact over the past year, including the establishment of new food and agricultural development centers aimed at supporting local businesses. Notable projects mentioned included collaborations with companies like FEI, Stable Feed, and Primitive Meats, which are all working to enhance the agricultural landscape in Yellowstone County.
The finance director reported on the success of the revolving loan program, noting that over $1 million has been lent out to 12 active loans in the county, with a total investment exceeding $4.3 million when including bank contributions. A new USDA grant for microloans, amounting to $400,000, was also announced, aimed at providing technical assistance to small businesses.
Economic Development Director JC Head discussed ongoing initiatives, including a successful grant application that secured $15,000 for flood relief efforts, and the development of a comprehensive economic strategy for the region. The meeting also touched on the importance of supporting senior housing initiatives and promoting tourism through the Bozeman Trail initiative.
The commissioners expressed their appreciation for the Beartooth RC&D's work, acknowledging the organization's significant contributions despite its small team. The meeting concluded with a motion to accept the annual report and a memorandum of understanding, reinforcing the county's commitment to ongoing collaboration with the Beartooth RC&D.