FOR IMMEDIATE RELEASE
Wolf Point, Montana – Great Northern Development Corporation (GNDC) is proud to announce that it has been awarded a $550,000 grant from the U.S. Treasury’s Community Development Financial Institutions (CDFI) Fund as part of the CDFI Financial Assistance (FA) program. This grant will bolster GNDC’s efforts to provide critical lending services to small businesses across Northeastern Montana.
The CDFI Fund’s Financial Assistance program is highly competitive at the national level, and GNDC’s selection as a recipient highlights the exceptional quality and impact of its services in the region. These funds will help support GNDC’s mission of fostering economic development and growth through access to financial resources, technical assistance, and personalized support for businesses in economically underserved areas. The award will enhance lending capabilities, promote entrepreneurship, and drive community revitalization in this rural area of the state. To learn more about the CDFI Fund and its programs, please visit www.cdfifund.gov.
GNDC serves six counties in Northeastern Montana, including Valley, Daniels, Sheridan, Roosevelt, Garfield, and McCone. It focuses on providing small business loans and technical assistance to ensure that businesses in the region have the tools they need to succeed.
Tori Matejovsky, Executive Director of GNDC, expressed her excitement:
“This grant is a huge win for GNDC and the communities we serve. It will allow us to expand our support for local businesses and help them thrive.”
The funds will expand GNDC’s lending portfolio, helping small businesses across Northeastern Montana access the capital they need to launch, grow, and succeed. Whether through gap financing, working capital, or other tailored financial solutions, GNDC is committed to supporting the local business community and strengthening the region’s economy.
For more information about Great Northern Development Corporation and its small business lending services, visit www.gndc.org or contact the GNDC office at (406) 653-2590.
About GNDC
Great Northern Development Corporation (GNDC) is a regional development organization based in Wolf Point, Montana, serving six counties in Northeastern Montana. Certified by the U.S. Economic Development Administration, GNDC provides services including small business lending, technical assistance, and economic development support to strengthen communities and promote sustainable growth in the region.
For media inquiries, please contact:
Great Northern Development Corporation
Phone: (406) 653-2590
Email: info@gndc.org