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HomeMy WebLinkAbout09-13 MT Dept. of Commerce letter-Big Sky Ec. Dev. Trust Fund Grant awar... ram, S MONTANA DEPARTMENT OF COMMERCE BUSINESS RESOURCES DIVISION September 23, 2013 Sean Becker, Mayor City of Bozeman P O Box 1230 Bozeman, MT 59771-1230 RE: Notice of Big Sky Economic Development Trust Fund Grant Award for Apttus Corporation Dear Mayor Becker, As indicated by Governor Bullock's letter dated, August 26, 2013, your application to the Big Sky Economic Development Trust Fund (BSTF) Program funding has been approved. The Montana Department of Commerce Grant and Loan Review Committee has tentatively approved an award of up to $385,000.00 in BSTF Category I Job Creation funding to be used as follows: • Up to $365,750.00 to assist Apttus Corporation with the purchase of equipment. Apttus Corporation agrees to create 77 net new full time jobs that meet the BSTF required wage rate of between $19.00 and $144.00 per hour without the inclusion of the value of benefits. Job creation activities may take place as of August 7, 2013, the date the application was deemed complete. • Up to $19,250.00 for eligible administrative expenses. The Montana Department of Commerce will be in touch about an initial public announcement related to the award. The Big Sky Economic Development Program (BSTF) is pleased to announce that your application to the BSTF Category I Job Creation Project will be managed through the FundingMT portal located at http://fundin.qmt.or-g. Staff will be entering your application into the on-line system for this project. If your organization is already registered through FundingMT.org, you will see the username of BRD tester under your organization during this time. If you are not registered in FundingMT.org, department staff will register your organization so that your project can be entered into the system. When the process of entering your application into the online system is complete, department staff will notify you via email that you now have access to your project through the online system, and can begin the start-up process through FundingMT.org. MEG O'LEARY, DIRECTOR STEVE BULLOCK,GOVERNOR http://businessresources.mt.gov Commerce@mt.gov 301 S. Park Ave. I P.O. Box 200505 1 Helena, MT 1 59620-0505 1 Phone:406.841.2730 1 Fax:406.841.2731 I TDD:406.841.2702 For additional information regarding managing your project through the FundingMT portal please visit the BSTF website at: .http://bsff.mt.gov/application.mcr)x. Debi Davidson has been assigned as your BSTF Program Specialist, and will be contacting you regarding start-up activities. Again, congratulations. We look forward to working with the City of Bozeman on this project. Sincerely, Nancy Faroni, Section Manager Montana Department of Commerce cc: Stephanie Covert, Senior Director of Sales and Operations, Apttus Corporation Stuart Leidner, Executive Director, Prospera Business Network MEG O'LEARY,DIRECTOR STEVE BULLOCK,GOVERNOR http://businessresources.mt.gov Commerce@mt.gov 301 S. Park Ave. I P.O. Box 200505 1 Helena, MT 1 59620-0505 1 Phone:406.841.2730( Fax:406.841.2731 TDD:406.841.2702 M ►NTA 1-NA Department of Commerce DEBI DAVIDSON BSTF Program Specialist (406) 841-2792 * ddavidson2@mt.gov BUSINESS RESOURCES DIVISION 301 S Park Ave * PO Box 200505 * Helena, MT 59620-0505 Fax (406)841-2731 * www.bstf mt.gov NANCY FARONI Section Manager Big Sky Economic Development Trust Fund(BSTF) Primary Sector Workforce Training Grant Program (WTG)- Business Resources Division nfaroni@mt.gov 406.841.2744 Phone 301 S Park Ave PO Box 200505 Helena, MT 59620-0505 406.841.2731 Fax 1 406.841.2702 TTY www.wtg.mt.gov www.bstf.mt.gov