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Montana Business Stabilization Grant Program

The Montana Business Stabilization Grant Program will provide 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. Eligible small business must be Montana-based, employ 50 or less, have sustained a loss of revenue since Feb. 15 due to COVID-19, and be in good standing with the Secretary of State or local tribal government. Nonprofit entities are not eligible. 

Total funding available is $160 million, the maximum award amount per business is $20,000. Businesses that have been awarded a grant prior to Aug. 12, 2020 will be eligible to receive a second payment for three additional months of working capital – equal to the first payment received. 

New applicants are eligible to apply for up to six months of working capital or $20,000 whichever is less.

Apply here: https://www.covidreliefmt.org/submit

East Edge of Glacier Park Tourism Business Grant

 Tourism-reliant businesses in the Babb, St. Mary and East Glacier corridor may be eligible to apply for a grant of up to 25 percent of their 2019 gross revenue based on a 2019 tax return. The maximum award available is $40,000. 

Any Business Stabilization Grants or Agriculture Adaptability Grants awarded to the business will be deducted from the eligible East Edge of Glacier Park Tourism Business Grant total.

The business must be located along the eastern edge of Glacier Park in the immediate vicinity of East Glacier, St. Mary or Babb, and must be a Montana-based business, pay Montana taxes, in good standing with the Secretary of State or local tribal government. 

To be eligible, a business must have exhausted the grant opportunities made available through the Business Stabilization or Agriculture Adaptability grant programs. Nonprofit entities are not eligible.  

Apply here: https://www.covidreliefmt.org/submit

Live Entertainment Grant Program

The Live Entertainment Grant Program is available to Montana-based businesses and non-profits that are directly engaged in the business of live entertainment, and whose revenues primarily come from live entertainment events. This grant is intended to ensure the long-term viability of live entertainment in Montana that has been severely impacted by COVID-19. 

Bars, restaurants, and other facilities whose primary business is anything other than live entertainment are not eligible. Examples of ineligible businesses include wedding venues, event support software, event rentals, and event planners. 

To be eligible, applicants must have derived at least 33 percent of their 2019 revenue from the sale of tickets for live events. Eligible applicants’ revenue for April 1 – June 30, 2020 must also no greater than 10 percent of 2019’s April 1 – June 30 revenue. 

Apply here: https://www.covidreliefmt.org/submit

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