BUSINESS GRANTS & LOANS

Whether you need a grant to conduct a feasibility study, a low-interest loan to build a facility, financing to purchase or upgrade equipment, or grants to support training for your workforce, we can connect you to the resources to help your business succeed. Through our working relationships with local financial institutions, economic development partners, and government agencies, we will direct you to the most appropriate sources of capital to fit your business needs.

In addition to several programs highlighted below, many resources exist to help start, grow, and strengthen your business. Contact us to discuss a funding package that will meet your needs.

• The Big Sky Trust Fund Program (BSTF) aids in the development of good-paying jobs for Montana residents and promotes long-term stable economic growth. BSTF provides grants in two categories: Economic Development Job Creation and Planning Projects. The Economic Development Job Creation supports basic sector businesses with a grant up to $5,000 per net new eligible job created. The Planning Project is a matching grant up to $25,000 for planning activities that support business development and economic development planning.
• The Growth Through Agriculture Program works to strengthen and diversify Montana’s agricultural industry through development of new agricultural products and processes. Project funding up to $150,000, in the form of grant funding up to $50,000 and loan funding up to $100,000, are eligible.
• The Incumbent Worker Training Program provides grant funding to help eligible Montana small businesses train existing workers. The grant allows up to $2,000 per year per full-time employee, and up to $1,000 per year per permanent part-time employee.
• Primary Sector Workforce Training Grants provides funds to businesses for training of new full-time and part-time employees. The program supports basic sector businesses with a grant up to $5,000 for each new full-time job and $2,500 for each new part-time job.