Second Business Stabilization Grant Now Available

montana department of commerce
Downtown Kalispell

Your business is now eligible for a second Business Stabilization Grant payment

To date, nearly 8,000 Montana businesses have been paid a Business Stabilization Grant made available by Governor Steve Bullock through the federal CARES Act allocation sent to Montana. When Governor Bullock, in partnership with the Montana Department of Commerce, first created this grant program in May, it wasn’t yet fully clear the impact that the COVID-19 pandemic would have on Montana’s economy and small businesses like yours. It’s now obvious small businesses need additional support to make sure you’re able to weather this challenge and emerge from it as strong as possible.

Because you were awarded a grant prior to Aug. 12, 2020 your business is now eligible to receive a second award equal to the first as long as your business still meets the original criteria of the program: Montana-based, 50 or fewer employees, sustained loss of revenue due to the COVID-19 pandemic and in good standing with the Secretary of State or tribal government.

Do not apply a second time, instead, click the link below to accept your second grant before September 2.

CLICK HERE TO ACCEPT GRANT FUNDS

  • Log into your Submittable.org account.
  • If you have issues or need help retrieving your password - contact Submittable support at https://www.submittable.com/contact/ [salesloft.submittable.com]
  • Once you are logged in, you should see “My Submissions” – click on the “Accepted” Tab and click on the underlined grant title.
  • Click on “Forms” and then click on the blue “Open” button to review & complete.
  • Check the appropriate box – “Yes” – to receive payment or “No” - to decline payment.
  • Once completed, click Submit.

Businesses must use the additional funding to support their business operations by December 30, 2020, per CARES Act guidelines. Funds may be used as working capital for small businesses to support payroll, rent, accounts payable, debt service and expenses related to shifts in operations in order to retain existing businesses, retain current employees or retain business viability for future re-employment.

A response to accept this funding will be required by September 2. Do not submit a second application.