Missoula is definitely “Open for Business!”
Missoula has received several accolades and acknowledgments for being a great place to do business, particularly in the areas of small business growth, quality of life, and economic development. Here are a few key recognitions:
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Best Places to Start a Business:
Forbes has named Missoula among the top small cities in the United States for business and careers. The city has been recognized for its favorable environment for entrepreneurs, offering a mix of a low cost of living, access to outdoor activities, and a growing population, which makes it an appealing location for startups and small businesses.
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Ranked as a “Top Micropolitan”:
Site Selection Magazine, a publication focused on business development, has ranked Missoula as one of the best “micropolitan” areas (cities with populations between 10,000 and 50,000) for economic development. The city is known for fostering a business-friendly environment that is conducive to growth and innovation.
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Recognition for Quality of Life:
Livability.com has also named Missoula among the best places to live, particularly emphasizing its vibrant culture, beautiful outdoor settings, and community engagement. These factors make Missoula attractive for companies looking to recruit top talent who value both work and lifestyle balance.
As the economic hub of Western Montana and home to The University of Montana, Missoula already boasts a rich and diverse business community.
Though business services, construction, retail trade, and accommodations and food services are currently the dominant industry sectors, other areas of business, such as the growing arts and entertainment arena, help drive much of the local economy and serve as a major attraction for young professionals.
Missoula’s growing population and well-educated workforce have attracted companies large and small. Whether a business is in start-up mode, planning to expand, or looking to relocate, Missoula boasts a number of organizations ready to help Missoula businesses thrive.
Missoula’s business and economic partners include:
- Destination Missoula, Missoula’s Convention and Visitor’s Bureau
- Missoula Chamber of Commerce
- Missoula Area Economic Development Corporation
- Montana Community Development Corporation
- Missoula Downtown Association
- Missoula Organization of Realtors
- Missoula Redevelopment Agency
