A Surge of New Businesses in Montana
HELENA, Mont. – Exciting news for Montana! Governor Greg Gianforte and Secretary of State Christi Jacobsen have announced a remarkable achievement: over 63,800 new businesses opened in Montana in 2024. This number beats last year’s record by nearly 4,000!
During the announcement at Granite Peak Athletics in East Helena, Sec. Jacobsen highlighted the growth. “More Montanans are working than ever,” she said. “Our entrepreneurs are thriving, thanks to policies that support hard work and local businesses.”
Gov. Gianforte shared his enthusiasm, stating, “By promoting a pro-business environment, we’re helping hardworking Montanans succeed.” He noted that cutting unnecessary regulations has made it simpler to start and run a business in Montana.
This marks the fourth year in a row that Montana has set a new record for business registrations. In 2021, about 50,000 businesses were registered. That number climbed to 54,000 in 2022 and nearly 60,000 in 2023.
At Granite Peak Athletics, which opened its doors in October, business thrives. Co-Founder Nolan Gilbert mentioned, “We’re creating opportunities for kids to develop their athletic skills and life skills in a safe environment.” Young athletes are finding vital training space, especially during winter months when outdoor play is limited.
Fostering job creation remains a priority for Gov. Gianforte. Since he took office, he has worked on reforms that attract businesses. His administration has reformed the state tax code to encourage investment and job growth.
Secretary Jacobsen has also increased efficiency in her office. With the new online filing system, businesses can manage their registrations anytime, making processes quicker and easier. Additionally, she has halved registration fees and eliminated several fees entirely, offering further support to new businesses.
According to the Montana Business Economic Report, April was particularly vibrant, with nearly 6,000 new businesses registered. This report sheds light on the health of Montana’s economy and can be found on the Secretary of State’s website here.
This wave of new businesses indicates a bright future for Montana’s economy and its hardworking residents.
Check out this related article: Reviving Optimism: How Greenville Businesses Are Thriving Amid Economic Challenges
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