Commerce Awards Business Planning and Job Creation Grants to Six Montana Communities

Anacaona Montana HELENA, Mont. – The Montana Department of Commerce’s Business MT Division today announced more than $1 million in grant funding has been awarded to grow and support businesses in six Montana communities. The planning and job creation grant funding is provided by Business MT’s Big Sky Economic Development Trust Fund (BSTF).

“Montana is one of the top states in the country to do business,” said Scott Osterman, Director of the Montana Department of Commerce. “Our investments aim to keep that momentum going through sustainable economic growth – including helping local businesses plan for future growth and create more long-term, good-paying jobs for Montanans.”

BSTF Job Creation grants are awarded to local and tribal governments to create good-paying jobs for residents. BSTF Job Creation grant funding has been awarded to:
BSTF Economic Development Planning grants are awarded to eligible Certified Regional Development Corporations (CRDCs), Economic Development Organizations (EDOs) as well as tribal or local governments to assist with economic development planning efforts that promote long-term, stable economic growth in Montana. BSTF Economic Development Planning grant funding has been awarded to:
In 2021, Headwaters RC&D Area, Inc. was awarded $27,000 in BSTF planning grant funding to assist Lucon Engineering with business planning documents. The project was recently completed this month.

“With the help of the Big Sky Trust Fund (BSTF) Grant, we now have videos and advertising that accurately represent our world-class product made and designed in Montana,” said Peter Lucon, President of Lucon Engineering. “The BSTF grant enabled us to plan the strategic marketing and advertising approach for our revolutionary new product used in the sonic drilling industry. The funds allowed us to work with local professionals to plan marketing materials that increased our global digital presence, and we have been able to drive interest in our product from sonic drilling operators throughout the world. These materials immediately began generating new client leads for us and have already generated enough new projected revenue to support two full-time engineers.”

In 2022, 14 Montana communities received more than $2.6 million in BSTF Planning and Job Creation grant funding through a competitive grant process.

For more information about BSTF grants, visit

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