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Business owners, entrepreneurs to share $350,000

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News from the office of the Governor

MONTANA – The Governor’s office announced $350,000 in funding to support the growth of 34 Native American-owned small businesses in each of the eight Tribal Nations in Montana through the Indian Equity Fund Small Business Grant program at the Montana Department of Commerce.

“Investing in Native American-owned small businesses means investing in opportunities to create jobs and strengthen local and tribal economies across Montana,” Governor Bullock said. “The Indian Equity Fund Small Business Grant is one of the best tools the state has available to directly support entrepreneurs and small business owners in Indian Country.”

The Indian Equity Fund Small Business Grant program invests in start-up or expanding Native American-owned businesses in Montana. Funds can be used for costs associated with a variety of business growth activities, such as the purchase of new equipment or the development of a new product line.

Each business will receive between $3,750 and $14,000 and must provide matching funds.

The following local entrepreneurs and small businesses from the Confederated Salish & Kootenai Tribes will share in Indian Equity Fund Small Business Grants: Cahoon Construction & Fire in Charlo; Crash & Burn Auto in Moiese; Blue Bay Trading Post in Polson; Flathead Raft Company in Polson; and Total Screen Design Inc. in Polson.

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