HomeMy WebLinkAbout02-26-26 Correspondence - MT Dept of Commerce - Commerce Weekly Roundup - Volume 3, Issue 8From:Montana Department of CommerceTo:Bozeman Public CommentSubject:[EXTERNAL]Commerce Weekly Roundup - Volume 3, Issue 8Date:Thursday, February 26, 2026 2:02:01 PM
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Feb. 26, 2026 – 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.
Guidance for Commerce Grant Announcements
The Montana Department of Commerce will issue an initial press release announcing
all awardees of the agency's grants. Commerce kindly asks grant recipients to refrain
from issuing their own news releases, social media posts or public announcements
until after Commerce has made its official announcement. This ensures a coordinated
and consistent message regarding the grant awards. Once the initial press release has
been issued, grantees are welcome to share their news. Commerce appreciates being
tagged on Facebook or LinkedIn social posts by grantees.
Housing
Housing Coordinating Team Meeting: March 12. Join us for a discussion on housing
and community needs assessments. The Montana Board of Housing will share its
intention to procure a statewide housing needs assessment and will solicit feedback
from stakeholders on this call. Additionally, attendees will learn about MSU Extension’s
housing education and community coaching for rural communities, and the Commerce
Community MT Division’s Community Technical Assistance Program.
Montana Board of Housing public meeting: March 16
Montana Board of Housing public meeting: April 14
In April 2024, the Federal Department of Justice published a final rule update
regarding accessibility requirements under Title II of the ADA for state and local
governments’ websites, mobile applications and digital content.
Your agency or business has or may again in the future provide Commerce or the
administratively attached Montana Board of Housing with documents which will be
posted to the Commerce website which fall into the category of needing to meet 508
ADA compliance prior to being posted on our website. Examples of these documents
include, but may not be limited, to:
Written requests/cover letters for a housing credit allocation, bond allocation,
multifamily loan application and/or participating lender application
All materials associated with a housing credit pre-application (i.e., slide deck for
presentation, mini market study)
All materials associated with a bond or loan application (i.e., project-specific
information like architect renderings, floor plans, income targeting information,
financial information etc.)
Letters of support
We ask that you review your documents and complete necessary 508 ADA compliance
remediation steps prior to submitting these documents to us. This will help reduce staff
time spent on remediation and ensure we're able to meet the State of Montana’s public
meeting notice requirements by posting these documents to our website in advance of
each public meeting.
Specifically, all materials submitted for inclusion in public-facing Board packets posted
to the Commerce website must be submitted with 12-point font and 1.5 line spacing.
Additional information about Section 508, including accessibility standards and training
materials, can be found at the State Information Technology Services Division website.
Web Content Accessibility Guidelines are available here.
We appreciate your efforts to ensure members of the public attending Board meetings
or reviewing materials your agency or business provides that are posted to the
Commerce website are accessible, particularly for individuals experiencing disabilities.
These requirements apply to the March 2026 Board meeting and all future Board
meetings.
Montana Department of Commerce
301 S Park Ave, Helena, MT 59620
Contact Us: 406-841-2700
commerce.mt.gov
Business
The Opportunities in Rural Economies Program is accepting applications from
economic development organizations to enroll in the program through our online
application portal. The enrollment period is open-ended, and organizations that are
engaged in active economic development are encouraged to apply.
Lenders interested in participating in the ORE Loan Participation Program are
encouraged to contact program staff for more information and, if eligible, will be
required to execute a General Lender Loan Servicing Agreement with the Montana
Department of Commerce. For more information, contact Business Resource Partner
Josh Bennett at 406-841-2748 or josh.bennett@mt.gov.
The Wood Products Revolving Loan Fund is 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
approximately $1.4 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 will temporarily close at midnight on Feb. 28 as the
program explores enhancements to future product offerings. This is the final week to
submit applications under the current funding allocation; remaining funds are extremely
limited. Applications must be fully and properly completed to be considered for review.
Only complete applications submitted prior to the closure will be evaluated for eligibility
and funding. Updates on future program offerings will be shared as additional
information becomes available. In the interim, ongoing financing opportunities will
continue through the SSBCI 2.0 Recycled Funds application portal, which will remain
open for the duration of the program.
Native American Collateral Support Program funding is available. The NACS
Program is now accepting applications online, which can be found on the website
under “Application Process.” Currently, approximately $61,235 in cash funding is
available. For more information, contact Program Specialist Chris Ryan at
chris.ryan@mt.gov or 406-841-2594.
The Rural Tourism Asset Grant Program will accept applications March 2-26. The
TAG Program supports projects that strengthen rural communities by enhancing visitor
experiences with amenities, improving tourism assets and fostering economic growth.
Visit the link to find webinar information, grant guidelines, a pdf version of the
application, the budget template and scoring information.
Free Webinar from the Montana World Trade Center: The “Ins and Outs of ATA
Carnets": March 11. If your company moves goods, tools, equipment or merchandise
across borders temporarily for trade shows, testing, repairs, installations or even hand-
carried shipments, this webinar is for you. Join ATA Carnet Specialist Kiel Ursin of
Boomerang Carnets for a walkthrough of how ATA Carnets work, what qualifies and
how to avoid costly customs mistakes. Kiel’s tips can save your firm both time and
money at the border.
Did you significantly grow your exports in 2025? You may be eligible to apply
for an Exporter of the Year Award. Applications are due March 15. For more
information, contact exportmontana@mt.gov or call 406-841-2783. Commerce’s Export
team will submit applications to the Montana District Export Council’s review committee
for consideration. Don't miss this opportunity to spread the word about your 2025
export success!
The Goldman Sachs 10,000 Small Businesses Program is returning to Montana,
and applications are now open to small business owners ready to grow. This tuition-
free, 12-week program offers one-on-one advice and personalized guidance, as well
as better tools, clearer financials, stronger strategy and a trusted peer network to help
grow small businesses. Participants will learn practical, immediately usable skills from
experienced faculty and join a national community of entrepreneurs who keep
collaborating long after graduation. Businesses must be at least two years old, have at
least two employees and have revenues over $75,000 in the most recent fiscal year.
Classes start in September.
Infrastructure and Planning
Commerce is accepting applications for the Montana Historic Preservation Grant
through 11:59 p.m. on Feb. 28. Application guidelines can be found on the MHPG
web page; eligible parties should visit the grants and loans portal to apply.
The Montana Coal Board will hold a quarterly meeting on March 12.
The Uniform Application for Montana Public Facility Projects, which is part of
Commerce’s Montana Coal Endowment Program’s application, has been
updated and is available for use. The updates include a preliminary engineering
report outline with requirements for irrigation projects, an application that now requests
information regarding short-lived assets and contact information including links and
phone numbers.
Commerce will be scheduling a pre-application workshop for the Montana Coal
Endowment Program’s 2029 Biennium application. More information will be
available on the Meetings and Events web page once scheduled.
The Montana Main Street Program seeks nominations for the Excellence on Main
Street Awards. The award categories include best event, best education project or
activity and small business of the year. The deadline for submitting nominations is
March 15. Click here for Excellence On Main Street Awards Guidelines.
Commerce News/Upcoming Events
Commerce Awards $1.5 Million in Montana Coal Endowment Program Grant
Funding to 51 Communities
Commerce’s Montana Main Street Program Releases 2025 Annual Report
The Montana Ireland Trade Commission will meet March 12 at 9 a.m. via Zoom.
Mark your calendar for the 2026 Made in Montana Trade Show for Food and
Gifts, Saturday, March 14, 9 a.m.-4 p.m. at the Lewis and Clark County Fairgrounds in
Helena. This is the premier statewide event to see, sample and purchase the newest
products and developments in the Made in Montana food and gift industry. Businesses
interested in attending wholesale buyer day on March 13 must register here.
The Montana Heritage Commission is looking for concessionaires interested in
running business operations in historic Virginia City, Nevada City and Reeder's Alley in
Helena. A list of currently available opportunities is at commerce.mt.gov. Please
email mhc@mt.gov with any questions.
Registration is now open for the Montana Board of Housing Annual Compliance
Conference: April 27-30 at Fairmont Hot Springs Resort. The training's agenda is
still being finalized. A general timeline includes:
Event check-in begins at 9 a.m. on April 27.
LIHTC instruction will begin April 28 at approximately 8 a.m. until 5 p.m.
LIHTC instruction will continue April 29 at the same approximate times.
The HCCP exam will be offered to all interested parties the morning of April 30.
A block of rooms has been set aside for attendees at the state lodging rate. Contact
Fairmont Hot Springs Resort directly to reserve your lodging; be sure to mention you're
attending the MBOH Annual Compliance Conference. Registration is $550 per
attendee. Click here to register.
World Trade and Investment Day will be held May 12 in Butte. This event brings
together exporters, importers, investors, policymakers and service providers to explore
global market opportunities, supply chains, foreign direct investment and the real-world
challenges Montana firms face doing business internationally.
Registration is now open for the 2026 Housing Partnership Conference, May 18-
20 at Fairmont Hot Springs Resort. Early bird pricing is available for a limited time.
This conference brings together housing professionals, policymakers, developers and
advocates from across the state and nation to explore innovative solutions, share
expertise and collaborate on the future of affordable housing in Montana. This year’s
agenda features inspiring plenaries, practical breakout sessions and meaningful
networking opportunities designed to strengthen housing solutions across our state.
Save the date for the 2026 Montana Department of Commerce Governor’s
Conference on Tourism. This year’s conference will be held Sept. 16-18 in Great
Falls. The event brings together more than 350 tourism and business professionals to
educate, network and inspire one another. More information will be available on
the conference website when registration opens this spring.
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Montana Department of Commerce
301 S Park Ave, Helena, MT 59620
406-841-2700