HomeMy WebLinkAbout10-07-25 Correspondence - MT Dept of Commerce - Commerce Weekly Roundup - Volume 2, Issue 40From:Montana Department of CommerceTo:Bozeman Public CommentSubject:[EXTERNAL]Commerce Weekly Roundup - Volume 2, Issue 40Date:Thursday, October 2, 2025 2:01:39 PM
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Oct. 2, 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 opened Oct.1
and will 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 $3
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.
The Tribal Tourism Grant Program 2026 is open now until Nov. 30. The program
provides funding to support shovel-ready tourism projects led by the governing bodies
of Montana's eight tribal nations. This competitive grant has $150,000 in available
funding with a maximum award amount of $50,000 and a 50-percent match
requirement. Past funded projects include tribally owned vacation rentals, rodeo
grounds and pow wow arbor improvements as well as development of campgrounds
with tipi rentals. For more information, contact doctribal@mt.gov.
The Tribal Tourism Small Business Grant is now open until Nov. 30. With
$240,000 in funding available in award amounts of up to $10,000 each, this
competitive grant program provides funding to start or expand a tribal tourism business
in one of five business categories:
Native American Made in Montana producers or retailers, including pop-up
vendors
Food, beverage or grocery operations that are either mobile or brick-and-mortar
locations
Licensed outfitters or guides in the hunting or fishing industry
Hosted accommodations, tours or experiences
A business that supports tribal tourism businesses and services
Eligible applicants must be 18 or older and enrolled tribal citizens from a tribal nation in
Montana. For more information, contact doctribal@mt.gov.
Housing
Montana Board of Housing Public Meeting: Oct. 20-21.
Montana Board of Housing Public Meeting: Nov. 10.
Infrastructure and Planning
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 held a public hearing
this morning; 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.
The Community Development Block Grant Program is hosting a pre-application
training for the 2025 Public and Community Facilities application cycle. The virtual
training will be held on Oct. 10 at 11 a.m. via Zoom. This training will cover updates to
the 2025 application and guidelines, as well as walk prospective applicants through
details of the ranking criteria. This presentation will be recorded and available on
Commerce's website afterward.
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.
The Montana Main Street Program is accepting submissions for its annual grant
cycle. The application will close at 11:59 p.m. on Nov. 14. An applicant must be an
official member of the MMS Program and must provide a recertification letter as part of
the submission. Network communities may apply for either a planning grant or an
implementation grant.
Commerce News/Upcoming Events
Commerce Allocates Grant Funding to 6 Coal-Impacted Communities
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.
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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