Commerce Announces $210,000 Awarded for Tribal Business Planning

Montana Lake with Teepees MONTANA – The Montana Department of Commerce on Friday announced it has awarded a total of $210,000 through the Tribal Business Planning Grant to assist tribes in Montana with planning for business development and economic growth.

“The Tribal Business Planning Grant at Commerce supports the economic planning and business growth priorities of tribal governments and organizations in Montana,” said Wayne Johnston, Business Assistance Bureau Chief at Commerce. “As tribes identify opportunities to strengthen their economies, these grants will help their plans come to fruition.”

The Tribal Business Planning Grant program assists tribal governments and organizations to deploy comprehensive business planning strategies. Funds can be used for activities such as business plan development, market analysis, feasibility studies, physical business infrastructure planning, such as zoning, and can be used to match other funding sources to accomplish business growth activities.

Tribal Business Planning Grants of $30,000 each will be awarded to:
The Tribal Business Planning Grant is one of three proven grant programs within the Office of Indian Country Economic Development (OICED) at Commerce that is considered for funding by the Montana Legislature each biennium and was funded most recently as part of House Bill 2 in 2019. Together with the Native American Business Advisors grant and the Indian Equity Fund Small Business Grant, these programs continue to articulate measurable success for investing in business and economic development activities on reservations in partnership with tribal governments, Native American economic development organizations and Native American-owned businesses to strengthen local and tribal economies.

To learn more, visit MARKETMT.COM.

Tags: Indian Equity Fund Small Business Grant Program and Office of Tourism and Business Development