Mission Montana: Veterans Leading the Charge in Economic Resilience

Operational Excellence: National Invest In Veterans Week® and Montana’s Proclamations

Montana has solidified itself as a state where veterans thrive, bolstered by a historic streak of low unemployment and a deep commitment to honoring those who served. Governor Greg Gianforte's leadership has kept Montana’s unemployment rate at 3.2% as of November 2024, marking 41 consecutive months of rates at or below 3.4%, a record-breaking achievement.

Celebrating National Invest In Veterans Week® (NIVW) through proclamations in 2023 and 2024, Montana continues to align its pro-growth policies with national efforts to empower veteran entrepreneurs. This synergy underscores the state’s recognition of veterans’ critical contributions to economic resilience and growth.

Montana’s Economic Success: A Blueprint for Resilience

Unemployment and Job Growth

Montana’s job market remains a beacon of stability, adding 900 jobs in November 2024, with significant growth in accommodation and food services. For the year, Montana has seen 12,000 new jobs, contributing to its historic low unemployment streak.

Key Statistics

• Fallon County leads with an unemployment rate of 1.3%, reflecting the state’s rural economic strength.

• Gallatin County continues its robust growth, adding 2,282 jobs in 2024 alone.

• Montana’s statewide unemployment rate remains below the national average of 4.1%, cementing its reputation as a pro-business state.

Governor Gianforte emphasized:
"We’ve created a Montana where the American dream is alive and well. With our pro-jobs, pro-family policies, we’re ensuring that every Montanan—including our veterans—has the opportunity to succeed."

National Invest In Veterans Week®: Montana’s Commitment

Mission and Proclamations

National Invest In Veterans Week® has become a cornerstone initiative for celebrating and supporting veteran entrepreneurs nationwide. Through gubernatorial proclamations in 2023 and 2024, Montana has firmly positioned itself as a leader in honoring veteran contributions.

State-Level Engagement

Montana’s participation in NIVW includes:

• Proclamations highlighting veterans’ entrepreneurial achievements.

• Community Events connecting veterans with local resources and mentorship.

• Collaborations with Veteran-Owned Businesses to showcase their economic impact.

Jeff Shuford, co-founder of NIVW, praised Montana’s efforts:
"Montana exemplifies how state action can amplify national initiatives. The state’s unwavering support for veterans is setting the standard for the rest of the country."

Veterans Driving Montana’s Economic Success

Key Contributions of Veteran Entrepreneurs

Veterans in Montana are leveraging their skills in leadership and innovation across diverse industries, including:

1. Agriculture: Veterans are modernizing farming practices, introducing efficiency and sustainability.

2. Technology: Veteran-owned startups are thriving in Montana’s high-tech sector, supported by organizations like the Montana High-Tech Business Alliance.

3. Tourism and Hospitality: Veterans are vital to Montana’s booming tourism industry, contributing to its continued job growth.

Success Stories: Veterans at the Helm

IR Tools: Local Innovation with Global Reach

• Veteran-owned IR Tools has expanded operations in Montana, producing advanced infrared technology for national and international clients.

• Partnered with local workforce agencies to employ veterans, bolstering community ties.

Montana Renewable Energy Partners

• A veteran-led initiative delivering sustainable energy solutions to rural Montana.

• Secured state grants to expand operations, creating jobs and fostering innovation.

Montana’s Role in Global Trade: Aligning with VetsGoGlobal

Montana’s veteran-owned businesses are poised to excel globally through the VetsGoGlobal program. This initiative equips veteran entrepreneurs with tools to navigate international trade, unlocking export opportunities and fostering global partnerships.

Strategic Benefits for Montana Veterans

1. Market Intelligence: Identifying export opportunities aligned with Montana’s industries.

2. Business Matchmaking: Connecting veterans with vetted foreign partners for strategic alliances.

3. Trade Counseling: Providing guidance on export logistics and compliance.

Angel Shuford, Vice President of NIVW, highlighted this alignment:
"Montana’s veterans are uniquely positioned to succeed globally. VetsGoGlobal ensures they have the resources to compete and lead on an international stage."

Montana’s Pro-Growth Policies: Empowering Veterans

State Initiatives Supporting Veterans

Montana’s economic policies create a robust environment for veterans to thrive:

• Tax Incentives: Reducing tax burdens for small businesses, including veteran-owned enterprises.

• Infrastructure Development: Enhancing connectivity and resources in rural areas, benefiting veteran entrepreneurs.

• Workforce Training Programs: Equipping veterans with skills for high-demand industries like technology and renewable energy.

Looking Ahead: A Vision for 2025 and Beyond

Projections for Growth

• Job Growth: Montana is expected to outpace national averages, with continued gains in key sectors.

• Veteran Empowerment: NIVW aims to deepen its impact through expanded partnerships and global trade opportunities.

Jeff Shuford outlined NIVW’s goals:
"Our mission is to ensure that veterans are not just participants in the economy—they are leaders shaping its future. Montana’s commitment to this vision is unparalleled."

Conclusion: A Legacy of Leadership and Service

Montana’s celebration of National Invest In Veterans Week® is more than a symbolic gesture—it is a testament to the state’s unwavering support for its veterans. By fostering an environment of growth, innovation, and opportunity, Montana is setting a national example for how to empower those who served.

As Governor Gianforte, the Shuford family, and veteran entrepreneurs continue to drive these efforts, Montana proves that veterans are not only integral to the economy—they are its backbone.

For more information, explore:

• National Invest In Veterans Week

• VetsGoGlobal

• Montana Economic Data

Montana’s leadership ensures that veterans have the resources and recognition they deserve, fostering a brighter future for all.