MONTANA – Montana Department of Commerce Director Pam Haxby-Cote today announced $127,500 in grant funds will be awarded to seven community organizations supporting business development on reservations and in tribal communities.
Funds are being awarded through the Native American Business Advisor grant program administered by the Department of Commerce. NABAs provide business and credit counseling, grant and loan application assistance, and other services for Native American businesses. One grant award per year is available for each of Montana’s eight tribal nations.
“Native American Business Advisors provide critical services to entrepreneurs in Montana’s Indian Country,” said Director Haxby-Cote. “Their support helps Native American-owned businesses to grow, create jobs and strengthen the local economies of reservations and other tribal communities around the state.”
One of the key services NABAs provide is to help clients apply for the Indian Equity Fund Small Business Grant at Commerce, which awards up to $14,000 per applicant for eligible expenses such as purchasing equipment and other business operations.
Full List of Grant Recipients:
- Native American Community Development Corporation Financial Services, Inc. received $15,000 for the Blackfeet
- The Chippewa Cree Tribal Planning and Development Department received $15,000
- Sovereign Leasing and Financing, Inc. received $15,000 for the Confederated Salish and Kootenai Tribes
- The Fort Belknap Economic Development Credit Department received $15,000
- Great Northern Development Corporation received $15,000 for Fort Peck
- Native American Development Corporation received $15,000 for the Little Shell
- People’s Partner for Community Development received $37,500 for the Northern Cheyenne
No organizations representing the Crow Tribe applied for a NABA grant; however, People’s Partner for Community Development received additional funds to assist Crow businesses.