• Over the years in reporting on business in Montana, and as once more I see the dismal rating of Montana in the SBE study about the kind of environment in which entrepreneurs must function, I am struck at how little difference reality makes in political circles.
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  • For a state that has the highest ratio of entrepreneurs, Montana does not rank well in how it treats those entrepreneurs, and the impacts of those policies are far reaching for every citizen.
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  • After something of a boom year in 2015, Montana’s economy slowed in 2016. Growing just short of four percent in 2015, growth in 2016 was just a little over half that. Economist Pat Barkey, Director of the Bureau of Business and Economic, projects that 2016 growth will be about 2.6 percent, but the final data is not yet available to
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  • Magic City Real Estate is a new Full Service Residential Real Estate company in Billings. Reatha Montoya as Broker/Owner has launched Magic City Real Estate.Montoya was with Keller Williams for over three years.
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  • A need for a program with more emphasis on banking has resulted in a partnership between Montana State University’s Jake Jabs College of Business and Entrepreneurship and the Montana banking community.
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  • The Montana Petroleum Association said it was not surprised by the cancellation of 15 leases held by Devon Corp. in the northwest Montana area of the Lewis and Clark National Forest.
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  • Attracting a more educated and younger labor force to Montana is necessary to shore up the state’s economy, but to do so is more complicated than it may seem.And, is Montana sure that that’s what it wants? quizzed Bryce Ward, an economist with the Bureau of Business and Economic Research (BBER) during the BBER’s 42 Annual Montana Economic Outlook for 2017.
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  • Gracia Barr always dreamed of owning her own business, but when the opportunity presented itself she wasn’t sure she was ready. However, the opportunity to purchase The Nail Institute and own a school that served the industry which had been so much a part of her life, was just too much the perfect fit. So with the urging and support
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  • One of Montana’s oldest and most popular businesses is expanding its facility in Billings to meet growing demand.
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  • The upbeat news in agriculture in Montana is all about pulse crops (lentils and peas) with prices expected to rise and production increasing by 75 percent, while more traditional farm production has suffered price declines over the past couple of years. George Haynes of the Department Economics and Agricultural Economics and Extension Economics at MSU, called the emerging importance of
    Read More
  • While the economic news for Yellowstone County is less than stellar, it could be worse and it is not without its bright spots.
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  • Next Steps for TEDDNow that the TEDD in Lockwood has been created for the purpose of developing an industrial park, Big Sky Economic Development Authority (BSEDA) is pursuing the next step in the process. That step is to develop an infrastructure master plan that will help in designing the Billings Bypass, according to Steve Arveschoug, BSEDA Director. “We need to
    Read More

Montana State University set an enrollment record this fall, with 12,764 students attending classes, MSU officials announced.

MSU has set enrollment records in three out of the last four years. The 2009 headcount is 395 more students than the previous record, set in 2008.

Significantly, the university has a record number of freshmen enrolled, 2,281. The previous record of 2,225 was set in 2005.

"A big freshman class is a vote of confidence. Both Montana residents and out-of-state students are choosing us," said MSU President Geoff Gamble.

A 20 percent increase in Native American freshmen helped set the record. The number of Native American freshmen rose from 54 students in 2008 to 65 students this fall. Overall, Native American enrollment is at a historic high of 377 students - a 79 percent increase since Gamble took office in 2000. Increasing Native American enrollment has been one of his primary objectives.

"All our students receive a great education here, with hands-on opportunities to do cutting-edge research or explore creative endeavors in the humanities - both preparing them well for their careers after college," Gamble said.

Not only is it MSU's largest entering freshman class, but on average, it is also the brightest.

The average ACT score of this fall's, full-time, entering freshman is 25.14. A common measure of a student's academic accomplishment in high school, the ACT scale is from 0 to 36.

This fall's full-time freshmen have an average ACT score 0.7 higher than the university's previous record holders, the entering class of 2008. Since 1998, the university has never seen a jump in ACT scores greater than 0.3 from class to class.

 

"This is remarkable. MSU is seeing an unprecedented jump in the quality of its entering, full-time freshman," said Allen Yarnell, vice president of student affairs.

Additionally, 58 entering freshmen scored in the 99th percentile on the ACT. One freshman had a perfect score. Together, they make up the largest group of top-scoring ACT students ever in an MSU freshman class.

"We have committed staff; we have superb faculty; and we prepare our students for great success. Quality students recognize that," Yarnell said.

Since 2006, MSU has been the only university in the five-state region of Montana, Wyoming, Idaho and North and South Dakota to meet the Carnegie Foundation for the Advancement of Teaching's criteria for the highest research classification. Since 2000, research funding earned by the university has grown 61 percent, from $61 million to $98.4 million in fiscal year 2009.

Last year, MSU's research directly provided $7.76 million in undergraduate and graduate salaries, benefits, scholarships and fellowships. Additionally, two MSU students won Goldwater Scholarships last year, the nation's premier scholarship for undergraduates studying math, natural sciences and engineering. MSU is ranked 11th nationally for Goldwater winners, just behind Yale and MIT.

"On top of all we have to offer academically, MSU students get to live in this beautiful setting that is the Rocky Mountains. That's part of our message and we believe it's being heard," Gamble said. "We are Trout U and the University of the Yellowstone. That's very appealing to students."

In the past six years, MSU has been ranked No. 1 in the country by Fly Rod & Reel magazine for undergrads angling for an education near trout streams; No. 5 in Outside magazine's "40 Best College Towns;" No. 4 ski town by Skiing magazine, and in the top 10 hunting and fishing universities by Outdoor Life magazine. Bozeman was named one of top three cities for an adventurer to start a family in the October 2009 issue of National Geographic Adventure.

MSU also has a good reputation among employers, which translates into opportunities for graduates, Gamble said.

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