HomeMy WebLinkAbout09-30-25 Correspondence - MT Dept of Commerce - Commerce Weekly Roundup - Volume 2, Issue 39From:Montana Department of CommerceTo:Bozeman Public CommentSubject:[EXTERNAL]Commerce Weekly Roundup - Volume 2, Issue 39Date:Thursday, September 25, 2025 2:02:10 PM
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Sept. 25, 2025 – News, events, grants, loans and other funding opportunities
Montana Department of Commerce
Weekly Roundup
The Weekly Roundup is a summary of events, news and information important to
Commerce's constituents this week. Click on any topic for more information.
Reminder to Grantees About Commerce Branding
The Montana Department of Commerce has updated brand resources available for
grantees to use when crediting Commerce’s sponsorship of an event, project, etc. The
Commerce brand book, usage guidelines and downloadable logos are at
commerce.mt.gov/public-participation/commerce-brand. Please refer to these
resources when developing print or digital materials that will include the new
Commerce logo, which was rolled out last year. The Commerce MarComms team is
always happy to help with branding questions and can be reached by contacting CMO
Mitch Staley at mitch.staley@mt.gov.
Business
The Agritourism Grant Program will accept applications through Oct. 23. These
grants support tribal and agricultural businesses and rural communities by assisting
with diversifying operations, developing and enhancing agritourism opportunities and
generating tourism revenue for the benefit of local Montana economies.
The Opportunities in Rural Economies Program suite has been reimagined with a
new grant offering and updated guidelines; the program has completed the
Administrative Rule Making process and will operate under these guidelines going
forward. The application portal for the ORE Loan Participation Program will open on
Oct.1 and close Oct. 28. The ORE LPP will have $8 million in available funding, with a
required 1:1 match.
The ORE Program is now accepting applications for Economic Development
Organizations to enroll in the program. The enrollment period is open-ended,
and any organization engaged in active economic development is encouraged to
apply. Lenders who are interested in participating in the program are
encouraged to reach out to program staff for more details and will need to
execute a General Lender Loan Servicing Agreement. For more information,
contact Business Resource Partner Josh Bennett at 406-841-2748 or at
josh.bennett@mt.gov.
The Wood Products Revolving Loan Fund is now accepting new applications under
updated program guidelines. The program has transitioned to a loan participation
structure for funding requests of up to $2 million and will continue to offer direct loans
for amounts under $1 million. The application portal will remain open until all available
funding has been committed to eligible businesses. Currently, the WP RLF has $4
million available for lending. For more information, contact Program Specialist Chris
Ryan at chris.ryan@mt.gov.
The Montana State Small Business Credit Initiative 2.0 Loan Participation
Program application portal for remaining Tranche Three funds will remain open
until all available funds are fully obligated. Submissions will be reviewed in the order
they are determined to be fully and properly completed. Upon completion of all
required application materials, the application will be scored and reviewed by the loan
review committee. All application determinations, approved or denied, will be promptly
provided to the participating lenders. This process will continue until all funds have
been committed to eligible businesses. Future opportunities will be supported through
recycled SSBCI 2.0 funds as loans are repaid.
The Montana State Small Business Credit Initiative 2.0 Loan Participation
Program-Recycled Funds application is now open and will remain so for the
duration of the program, with capital availability contingent on repayments from existing
borrowers. A list of participating lenders with funds for recycling can be found on
the SSBCI webpage.
Native American Collateral Support Program funding available: The NACS
Program is now accepting applications online, which can be found on the website
under “Application Process.” Currently, $150,509.61 in cash funding is available. For
more information, contact Program Specialist Chris Ryan at chris.ryan@mt.gov or 406-
841-2594.
Housing
Montana Board of Housing Public Meeting: Oct. 20-21.
Montana Board of Housing Public Meeting: Nov. 10.
Infrastructure and Planning
ofThe Community Development Block Grant Program has updated the Grant
Administration Manual and created associated toolkits. The CDBG team is hosting
a walk through of the updated chapters and associated toolkits Sept. 29 and 30. The
presentations will be approximately 30 minutes per chapter. Register and attend any of
these presentations. If you are unable to attend, the CDBG team will post the recorded
presentations on the Grant Administration Manual website and will also host another
training in early 2026.
The Montana Department of Commerce is proposing updates to the Community
Development Block Grant Program’s Public and Community Facilities
Application Guidelines. The draft document is available for review and public
comment through Oct. 10. Commerce's Community MT Division has scheduled a
public hearing for Oct. 2 at 9 a.m. via Zoom. Comments on the draft can be submitted
electronically to docadministrativerules@mt.gov, or via mail to Montana Department of
Commerce, Community MT Division, 301 S Park Ave., PO Box 200501, Helena, MT
59620.
Commerce is currently accepting applications for the Community Development
Block Grant Planning Program through Oct. 15. Cities, towns, counties and
consolidated city-county governments are eligible to apply. Visit the Grants and Loans
Portal to apply.
Commerce News/Upcoming Events
Commerce’s New Capital Access Opportunity for Rural Montana Businesses
Launching Soon
Applications for the Montana Heritage Commission’s long-term lease
opportunities are due quarterly, three days before Commission meetings.
Commission meetings are held on the first Friday in March, June, September and
December. Fourth quarter’s applications are due Tuesday, Dec. 2 by 5 p.m. for the
Dec. 5 commission meeting to review. Visit commerce.mt.gov for more information
about this opportunity.
Let us know how we're doing.
Commerce is working to improve the many ways you interact with our programs and
services through updated communication options. To give you more information via
fewer emails, Commerce's updated communications will include the Commerce
"Weekly Roundup" with news, events, grants, loans, funding opportunities and other
important updates; a quarterly newsletter; press releases and urgent information when
needed, like administrative rules making communications and other statutorily required
notifications. You can update your subscriber preferences anytime.
UPDATE PREFERENCES
Montana Department of Commerce
301 S Park Ave, Helena, MT 59620
Contact Us: 406-841-2700
commerce.mt.gov
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Montana Department of Commerce
301 S Park Ave, Helena, MT 59620
406-841-2700