The Tribal Business Development Grant Program (TBDG), under the direction of the Montana Department of Commerce (DOC) Business MT Division, Office of Indian Country Economic Development (OICED) is intended to assist Montana Tribal Government businesses in deploying shovel-ready projects.
Donor Name: Montana Department of Commerce
State: Montana
County: All Counties
Type of Grant: Grant
Deadline: 10/25/2023
Size of the Grant: $240,000
Details:
The Tribal Business Development Grant is a competitive grant program to connect participating Tribes of Montana with the resources necessary to advance a shovel-ready project that will provide a measurable beneficial economic impact for the community. Such projects will create short- and long-term jobs in Tribal for-profit businesses. These fields may include commercial real estate development, small business centers, retail infrastructure, and renovations, rehabilitations, or remodeling of existing properties for commercial use, industrial use, business incubators, or certain equipment.
Funding Information
The total budget for the grant program is $240,000. Applicants may request a maximum of $240,000; however, actual grant awards may be less than requested.
Eligible Activities
Development and infrastructure upgrades for a Tribal for-profit business in Montana Examples are, but not limited to:
- Establishing new or improving an existing commercial business such as storage units, greenhouses, etc.
- A shovel-ready construction project to build, expand, or develop a new or existing commercial asset.
- Renovations, rehabilitations, or remodeling of existing property for commercial use.
- Federal funding match
- Equipment purchase.
Eligibility Criteria
Funds are available to the governing bodies of the federally recognized Tribes in Montana. Any applicant in arrears or default with a State of Montana program is ineligible. Applicants who have never received this award are given additional points in scoring.
For more information, visit DOC.
