About
Accelerate Montana is a statewide workforce and economic development organization associated with the University of Montana, operating as both an accelerator and comprehensive support network for Montana entrepreneurs and businesses. Founded in 2017 and based in Missoula with operations across the state including Bozeman, the organization drives career and economic development through strategic partnerships and targeted workforce training initiatives. The organization's mission centers on supporting inclusive economic prosperity for Montana's workers, companies, and communities by closing the gap between potential and opportunity. Accelerate Montana collectively reaches approximately 700 businesses and entrepreneurs annually, channeling tens of millions of dollars in investment capital, grants, and contracts to the state. The organization serves all stages of business development, from startups in the idea stage through established companies seeking global expansion and international market access. The organization operates a diverse portfolio of programs designed to support Montana's small businesses, including coaching and training programs, workforce development initiatives, entrepreneurship support, and small business services. Additional programs enable businesses of any size to access new markets overseas or qualify for state and federal contracting opportunities. Accelerate Montana conducts rigorous research to support its work, including comprehensive quantitative and qualitative studies on capital access in Montana involving over 125 interviews conducted from 2022 to 2023. The organization functions as a membership-based network of economic and workforce development programs rather than a traditional venture capital firm making direct investments. Entrepreneurs and business owners gain access to training, mentorship, market research, capital navigation resources, and networking within Montana's business ecosystem. The organization's work spans multiple sectors and geographic regions throughout Montana, with documented impacts across technology, photonics, quantum innovation, and traditional small business sectors.