finance fund that provides short-term construction loans.“We’re able to use our geospatial engineering resources to do some underwriting. We help clients track and report on the critical milestones necessary for funding of each project. And then we provide financing opportunities that no one else in our space right now is providing,” Kyle elaborates. This financing solution ensures that companies can progress to a point where they can receive grant funds and eventually secure traditional financing. Millennium recognizes that financial requirements extend beyond the initial network planning stages, often requiring additional solutions, as a project evolves. In 2012, Millennium developed its equipment division to assist contractors in accessing affordable, dependable equipment for network construction. By offering several leasing and rental options, Millennium ensures that clients can access top-quality equipment, helping them scale their operations or overcome unexpected challenges without straining their cash flow—all while adhering to project timelines. STRATEGIC GROWTH AND WORKFORCE PHILOSOPHY Millennium continues to adapt its strategies to align with the current market demands and the needs of its clients. While the company isn’t aggressively hiring at the moment, it has made significant strides in enhancing its capabilities through acquisitions and a strong focus on core values. Kyle acknowledges the slowdown in industry growth, stating, “The industry has slowed down a bit, and we hired so much over the past two years that our infrastructure is right sized for the demand.” Despite this, the company has strategically expanded its expertise. “We did make an acquisition towards the end of last year of a traditional engineering firm,” he shares. This acquisition is aimed at supplementing client needs, particularly as many clients are reducing their in-house staff in areas like material management and engineering.“The whole intention of bringing in additional engineers was to supplement what our clients are doing in-house with a domestic workforce that can fill in and be scalable for some of the things they need to have done,” he explains. Millennium’s approach to staffing is driven by a clear set of expectations and a culture that encourages innovation and entrepreneurship.“Every role that we have has pretty clear expectations set. But we also encourage people to be entrepreneurs and come up with some innovation,” Kyle says. This balance of structured onboarding and a supportive environment aims to empower employees to contribute creatively to the company’s success. “We try to create this environment where every employee has a voice and can help with the iteration of Millennium and how 244 BUSINESS VIEW MAGAZINE VOLUME 11, ISSUE 08
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