2022 Montana Indian Equity Fund Small Business Grant Program

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The Office of Indian Country Economic Development Programs will begin accepting applications to the fiscal year 2022 Montana Indian Equity Fund Small Business Grant program starting July 1, 2021.

PURPOSE: The Montana Indian Equity Fund (IEF) Grants of the Indian Country Economic Development (ICED) Program funding are intended to support tribal members in Montana to start or grow their business by deploying funds to support their business strategy. Funds may be used for the purchase of land, building and equipment, assets including furnishings, equipment and technology and selected use of working capital and business operations.

GRANT PERIOD: July 1, 2021 to August 31, 2021

ELIGIBLE APPLICANTS: Tribal enrolled members of Montana tribes are the only eligible applicants for this portion of the Program. All applications must include documentation of tribal enrollment.

GRANT AMOUNT: A maximum of $14,000 per eligible applicant will be available in fiscal year 2022.

APPLICATION ASSISTANCE: Native American Business Advisors are available on each Reservation to assist applicants as they develop their grant proposals. Contact information for each advisor is available at NABA

For more information contact Luke Robinson at 406.841.2775, luke.robinson@mt.gov or visit the website.

Funding for the family of programs under the OICED funding (Tribal Business Planning Grant (TBPG), Indian Equity Fund (IEF) Small Business Grant, and the Native American Business Advisors (NABA) Grant ) was passed by the 67th Montana State Legislature as part of House Bill 2 and signed into law by Governor Greg Gianforte in May 2021.  These programs allow the Indian Country Programs to continue to articulate measurable success for investing in business and economic development activities primarily on reservations in partnership with tribal governments for the benefit of tribal community and members.