Commerce Announces Grant Opportunities for Tribal Business Development | News

$840,000 of funding obtainable to bolster Indigenous entrepreneurship in Montana

HELENA — The Montana Section of Commerce introduced that application durations for 4 grant plans aimed at bolstering tribal company improvement and reinforce indigenous entrepreneurship in Montana are now open. The grant funding is presented by Commerce’s Business office of Indian Region Financial Progress (OICED).

“These initiatives underline Commerce’s perseverance to offer not just funding, but a platform for impressive thoughts to flourish, corporations to grow and traditions to thrive,” said Scott Osterman, Director of the Montana Division of Commerce. “Through these grants, tribal enterprises are empowered to travel innovation, build possibilities and form a prosperous future for their communities.”

Tiny organization homeowners who are enrolled customers of Montana’s tribal nations are invited to use for the Indian Equity Fund (IEF) Smaller Small business Grant, a dynamic initiative aimed at fortifying the expansion of tiny-scale enterprises. The grant serves as a catalyst for growing the scope of indigenous entrepreneurship and enhancing neighborhood financial vitality. The IEF grant at the moment has $320,000 of funding accessible. Software period: September 1 – Oct 31, 2023.

The Indigenous American Business enterprise Advisor (NABA) grant offers a beneficial chance for aspiring indigenous entrepreneurs to accessibility professional steering, mentorship and resources to kickstart their enterprise ventures. The method is created to give a strong foundation for achievements and sustainability in the aggressive small business landscape. The NABA grant now has $160,000 of funding out there. Software period: September 1 – October 16, 2023.

The Tribal Business Progress Grant (TBDG) provides tribal governments or tribally owned businesses a one of a kind possibility to protected funding for shovel-ready jobs that will travel financial prosperity and sustainability. This grant empowers Montana’s tribally owned, for-financial gain enterprise enterprises to develop, diversify, flourish and eventually lead to the all

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