Program Overview
The ORE Program suite has two components: participation loans, including low-interest loans and forgivable loans, and grants.
- The Opportunities in Rural Economies Planning Grant Program may provide matching funds to assist with feasibility and planning projects that would provide a significant economic benefit to a community.
ORE Program loans and grants may not be used for a project that would result in the transfer or relocation of jobs from one part of the state to another part of the state. See § 90-1-203(1), MCA.
The Montana Department of Commerce has created the ORE LPP, the ORE EDO CBG and the ORE PGP. The ORE Program suite exists within the Big Sky Economic Development Program authorized by §§ 90-1-201, MCA, et seq.
Purpose
The purpose of the ORE LPP and ORE PGP is to assist in economic development for Montana that will:
- Create good-paying jobs for Montana residents.
- Promote long-term, stable economic growth in Montana.
- Retain or expand existing businesses.
- Provide a better life for future generations through greater economic growth and prosperity in Montana.
- Encourage workforce development.
Registration Requirement – OKTA
OKTA account registration is required to access the applications for the ORE Program Suite.