Montana

Montana offers several programs aimed at supporting job creation, workforce training, and economic development. Programs like the Big Sky Economic Development Trust Fund (BSTF) Job Creation Grant and the Montana Incumbent Worker Training Program provide funding to help businesses grow, train employees, and promote long-term economic stability across the state.

Big Sky Economic Development Trust Fund (BSTF) Job Creation Grant

• Purpose: Promotes long-term, stable economic growth in Montana.
• Eligibility: Businesses creating at least one net new eligible job in Montana.
• Benefit: Up to $5,000 or $7,500 per qualifying job, depending on the county’s poverty level.
• Application process: Apply through the Montana Department of Commerce.
• More info: Requires a 1:1 or 1:2 match depending on the county’s poverty level. Currently not accepting applications.

Montana grants for small businesses

For Montana grants for small businesses, the BSTF Job Creation Grant offers funding for job creation in economically disadvantaged areas, supporting long-term economic growth.

Other relevant programs in Montana

• Montana Incumbent Worker Training Program: Provides up to $2,500 per full-time employee and $1,000 per part-time employee to train existing workers. Applications are managed by the Montana Department of Labor & Industry through Submittable.
• BSTF Planning Grant: Supports economic development planning for local and tribal governments, and economic development organizations. Part of the Big Sky Economic Development Trust Fund program.
• Workforce Innovation and Opportunity Act (WIOA) Programs: Offers funding for workforce training and potential wage reimbursements. Available through local workforce development boards as part of a federal program.
• Montana Manufacturing Extension Center (MMEC) Services: Provides consulting and training services for Montana manufacturing businesses, including lean manufacturing and growth coaching, aimed at enhancing competitiveness.

Note: The BSTF program is not currently accepting applications. Additionally, the Incumbent Worker Training Program allocates $540,000 annually. It’s recommended to contact the relevant agencies for the most current information on eligibility and application processes.