b'BSED Partners and Stakeholders, P O W E R E D B YThank you for joining BSED in the important work of communityand economic development. We are honored to call you our partners. Big Sky Economic Development functions as a public/private partnership, with both the EDA andC O L L A B O R A T I O NEDC Boards governing our work. Beyond our two boards of directors, BSED has formed partnerships that are essential to the execution of our missionYellowstone County, City of Billings, Downtown Billings Alliance, Billings Chamber of Commerce, tax increment finance districts, higher education, key industry leaders, and hundreds of private-sector partners we call Member Investors. Our calling is to function as the communitys economic development organization, and we know from experience that we cant do this work without partnerships. But having partners is only the beginning. There must be shared commitment to get stuff doneand a spirit of collaboration. In fact, we see collaboration as the must-have ingredient to the economic success and wellbeing of our community. Recent history tells us when we come together to solve STEVE ARVESCHOUG challenges and seize opportunities, we make important things happen.Executive DirectorTheSkylineTrailandInnerbeltloopprojecttookCity,County,TrailNet,BSED,Chamber,and congressional delegation cooperation. The 72-hour detention facility to deter crime in our community (now in design and development phase) took a City and County partnership, and community support and pressure to come together. Our medical school (RVU-Montana College of Osteopathic Medicine) took years of work among so many key players to become a reality, and now look at the resultwere educating future doctors. The new Coca-Cola manufacturing facility took BSED, City, County and private sector partnership to bring this $100 million investment to our community. Then add all the business support work we dolending $10s of millions, advising hundreds of businesses, supporting MARCELL BRUSKI TAMI FLEETWOOD PATRICK KLUGMAN ASHLEY KAVANAGH KATELYN HARMON SHAYE METCALF KEITH HART DENA NORTHAMSenior Director Senior Director Senior Director EconomicSenior Director ofMarketing Manager BillingsWorks Manager Rock31 Director Rock31 Communityentrepreneursand the community and workforce development impacts we foster. It doesnt of Engagement of Finance Development Programs Recruitment &Coordinator happen without key partners.Community DevelopmentIts really all about collaboration, and thats why the BSED Board of Directors chose championing collaboration as its top strategic priority for FY 2025 and 2026. You will see Big Sky Economic Development renew our commitment to collaboration ineverythingwedocommunitydevelopment,localbusinesssupport, new business recruitment, and workforce development. Were kicking offthispriorityatour2024AnnualMeetingthemedPowered by Collaboration, because our economic future will indeed be DIANNE LEHM THOM MACLEAN HALEY RIDDLE DEANNA LANGMAN TEREZA BROWNELL LYNNETTE ENGELHARDT LORENE HINTZ KAYLA VOKRALDirector of CommunitySenior Project Manager Recruitment & Community Statewide ProgramGovernment Government SBDC Regional Director SBDC Advisor/Trainingpowered by our willingness to collaborate and get shit done, Development Development ProjectManager APEX Accelerator Contracting Advisor Contracting Advisor ManagerSpecialist together (excuse the enthusiasm). B I G S K Y E C O N O M I C D E V E L O P M E N T Thank you for your ongoing partnershipand commitment to the development andwellbeing of our beautiful community. Take care. STEVE ARVESCHOUGExecutive DirectorRICK BROWN JUSTIN RIGBY BRANDON BERGER HEATHER KIRPACH TYLER WINK NINA PHILPOTT JOHNNA JABLONSKI TIFFANY SMITH NIK PEDERSENDirector - VBOC VBOC Project Manager Director of Loan Ocer Business DevelopmentLoan Closing Ocer Loan Specialist Executive Assistant, Operations Support Big Sky Finance Ocer Operations Lead Specialist stevea@bigskyeda.orgANNUAL REPORT2024 2'