Southeastern Montana Development Corporation (SEMDC) recently announced that it has been approved by the State of Montana, Department of Commerce as a Certified Regional Development Corporation (CRDC) for the period of 2011-2015.
“SEMDC is certainly pleased to be approved and designated again as one of the 12 CRDC’s in the State of Montana. Our ongoing relationship with the Montana Department of Commerce has certainly left a positive impact felt throughout southeastern Montana,” noted Jim Atchison, Executive Director of SEMDC.
With this designation, SEMDC is able to provide assistance in the form of the development and service of revolving loan funds, business technical assistance, state / federal grant programs, local / regional planning, business retention / expansion programs and business recruitment programs in Custer, Powder River, Rosebud and Treasure Counties.
“This is our foundation for most basic economic development assistance and defiantly helps the general business community today,” Atchison added.
SEMDC is a regional non-profit economic development group that was established in 1997 to stimulate and encourage economic activity in the four (4) Counties of Custer, Powder River Rosebud and Treasure. Today, SEMDC continues to work with various groups and individuals in the public, private and non-profit sectors to help create and retain jobs in eastern Montana. Since 1997, the Colstrip based group has documented assistance in creating or retaining over 770 jobs and $19 million in project assistance. For more information, contact SEMDC at 748-2990.