CSKT accepting business relief grant applications
News from CSKT
PABLO — The Confederated Salish and Kootenai Tribes Economic Development Office is now accepting applications for coronavirus business relief funds.
The CSKT Small Business Relief Grants program offers over $1 million in federally allocated financial assistance to qualified CSKT-member-owned small businesses and active CSKT-member livestock producers in the recovery, stabilization and adaptation of business operations.
Funds can be used for working capital to support payroll, rent, accounts payable (such as utilities and vendors), debt services and expenses related to shifts in operations (such as the purchase of personal protective equipment).
“We are eager to get capital in the hands of our small business owners impacted by the pandemic,” said CSKT chairwoman Shelly Fyant. “CSKT Small Business Relief Grants will help revive the health of our Flathead Reservation economy.”
The full list of eligibility requirements and the online grant application portal may be accessed at csktbusinessrelief.com. Applicants will be prompted to create a free account with Submittable, the submission management software CSKT used to create the application, before answering a series of eligibility questions and providing contact information and proof of CSKT Tribal enrollment. Printed applications may be requested as well.
To assist business owners with the application process, business advisors from the Economic Development Office and S&K Business Services are available to help Tribal business owners prepare documentation and complete their applications.
“We encourage business owners to reach out to our skilled business advisors with inquiries about eligibility requirements and the application,” said CSKT Economics Director Velda Shelby. “Our team is prepared to help qualified business owners successfully apply for funding.”
A business can apply for up to $20,000 of working capital to help stabilize business operations for up to 9.5 months. Businesses in default with lenders can use grant funding to resolve debt payments. CSKT will specify details as part of the award agreement terms. If needed, businesses can also apply for up to $10,000 toward adaptation equipment and supplies. Should a business need both stabilization and adaptation funds, the owner can apply for up to $30,000 in total funding.
The deadline for all applications is Nov. 15 or until funds are exhausted. Business owners will be notified if their application has been accepted within two weeks of submitting their application.
Funding for CSKT Small Business Relief Grants is allocated by the U.S. Department of Treasury as designated by the CARES Act to aid in the recovery and revitalization of Tribal-member businesses impacted by the global health pandemic.
Questions may be directed to email@example.com, Tina Begay at 406-544-1245 or James Bible at 406-883-4317. If business owners need assistance with the online application portal, they may contact the Submittable customer support team at firstname.lastname@example.org or submittable.com/help/submitter.