Latest News Banner

Governor Bullock Announces More than $1 Million in Business Development Funding to Create up to 136 Montana Jobs, Train New Workers

Friday, October 23, 2020/Categories: Market MT, Choose Montana

MONTANA – Governor Steve Bullock today announced $1,050,260 in business development funding through the Montana Department of Commerce to support the creation of up to 136 jobs and train new workers at eight growing businesses in Montana.

“It’s a testament to our state’s strong economic climate heading into the COVID-19 pandemic and the grit and resourcefulness of Montanans that some Montana businesses are growing and creating new jobs even in these challenging economic times,” Governor Bullock said. “When Montana businesses grow, our communities and the hardworking Montanans who live and work here have new opportunities to grow as well. These funds will invest in our state’s economy by expanding businesses and creating good-paying jobs to support those businesses.”

Funds will be awarded through two reimbursement programs at the Department of Commerce: The Big Sky Economic Development Trust Fund (BSTF) and the Primary Sector Workforce Training Grant (WTG). The two grant programs provide reimbursements to local and county governments and economic development organizations on behalf of businesses for creating good-paying jobs in Montana and training Montanans to fill those jobs.

The following organizations will receive funding for creating jobs and training new workers:

  • Big Sky Economic Development Authority will receive up to $66,600 on behalf of Belle Chemical, LLC in Billings, which estimates it will create 18 jobs. Funds will be used to purchase construction materials, equipment and for wage reimbursement. Belle Chemical also will also receive $90,000 from the Primary Sector Workforce Training Grant program to train workers to fill the newly created jobs. Belle Chemical LLC is a chemical manufacturer and packager of consumer products intended for sale online.
  • Big Sky Economic Development Authority will receive up to $49,000 on behalf of Wyo-Ben, Inc. in Billings, which estimates it will create 10 jobs. Funds will be used to purchase construction materials, equipment, furniture, fixtures, for lease rate reduction and for wage reimbursement. Wyo-Ben, Inc. is leading producer of Wyoming bentonite clay-based products. The company will be creating another division for bulk commodity cat litter.
  • City of Bozeman will receive up to $170,000 to assist XY Planning Networking LLC, which estimates it will create 34 jobs. The grant funds will be used to purchase equipment and for wage reimbursement. XY Planning Network LLC is the leading organization of fee-only financial advisors who specialize in working with Gen X and Gen Y clients, offering comprehensive resources to help financial planners run better and more successful businesses.
  • Fergus County will receive up to $70,500 on behalf of Big Sky Processing, LLC in Lewistown, which estimates it will create 15 jobs. Funds will be used to purchase of equipment and for wage reimbursement. Big Sky Processing, LLC will also receive $75,000 from the Primary Sector Workforce Training Grant program to train workers to fill the newly created jobs. Big Sky Processing, LLC will be establishing a U.S. Department of Agriculture-inspected mobile meat processing unit in Fergus County.
  • Lake County will receive up to $150,000 on behalf of Rocky Mountain Twist Corporation in Ronan, which estimates it will create 20 jobs. Funds will be used to purchase equipment. Rocky Mountain Twist Corporation will also receive $95,480 from the Primary Sector Workforce Training Grant program to train workers to fill the newly created jobs. Rocky Mountain Twist Corporation is a manufacturer of power tool accessories, primarily drill bits, for the retail and industrial markets.
  • Missoula County will receive up to $95,000 on behalf of UNAVCO, Inc. in Missoula, which estimates it will create 19 jobs. Funds will be used to purchase equipment and furniture, for lease rate reduction, for wage reimbursement and for equipment relocation. UNAVCO, Inc is a global leader in engineering and data handling for geophysical and environmental sensors.
  • Sanders County will receive up to $88,800 on behalf of Agriculture Resource Management, Inc. dba AquaPrawnics, Inc. in Noxon, which estimates it will create 12 jobs. Funds will be used for wage reimbursement. Agriculture Resource Management, Inc. dba AquaPrawnics, Inc. will also receive a $53,030 grant from the Primary Sector Workforce Training Grant program to train workers to fill the newly created jobs. Agriculture Resource Management Inc. dba AquaPrawnics is positioned to become the largest indoor shrimp farm producer.
  • Wausau Supply Company will receive up to $46,850 through the Primary Sector Workforce Training Grant Program to train eight new workers. Wausau Supply Company distributes building materials for the industry’s leading manufacturers to authorized retailers from the Great Lakes to the West Coast and is looking to establish a distribution center in Butte.

The next application deadline for the Big Sky Trust Fund Grant Programs is December 16, 2020. In addition, Montana businesses are now eligible to apply directly for workforce recovery grant dollars to help companies refill jobs that were lost due to the economic impacts of the COVID-19 pandemic. The Montana Department of Commerce has launched a temporary Workforce Recovery grant program as part of the Big Sky Economic Development Trust Fund (BSTF). The deadline to apply to this temporary program is December 31, 2020. Learn more at BSTF.MT.GOV.

 
Print
Tags:

DIRECTOR'S OFFICE | MONTANA DEPARTMENT OF COMMERCE
301 S. PARK AVE. | PO BOX 200501 | HELENA, MT 59620-0501 | P: 406.841.2700 | F: 406.841.2701 | TDD: 406.841.2702
 

We use cookies. We want to make our website more user-friendly and continuously improve it. If you continue to use the website, you agree to the use of cookies.