Indian Country Programs

Indian Country Financial Assistance

The ICED Grant Program awards funds to projects that strengthen Montana’s economy through the development and enhancement of business opportunities on reservations, in tribal communities, and for Native American businesses. 

PROGRAMS INCLUDE:

Indian Equity Fund (IEF) Small Business Grant
Purpose: Assist start-up or expanding Native American businesses in Montana
Award Amount: Up to $14,000 per award
Grant Application Period: July 1, 2022 to August 31, 2022
Eligible Applicants: Enrolled members of federally recognized tribes based in Montana and enrolled members of the Little Shell Tribe residing in Montana

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Tribal Business Planning Grant (TBPG)
Purpose: The Tribal Business Planning Grants (TBPG) of the Indian Country Economic Development Program funding is intended to assist tribal governments and tribal organizations in deploying comprehensive business planning strategies and activities
Award Amount: $30,000 per tribal government or subgrantee per fiscal year
Grant Application Period: July 1, 2022 to August 31, 2022
Eligible Applicants: The governing bodies of each of the eight tribal governments in Montana

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Native American Business Advisors (NABA)
Purpose:  The Native American Business Advisors (NABAs) Grant is a fund to support native organizations that offer business and credit counseling, and application support to Native American businesses in Montana
Award Amount: $20,000 per tribal government or subgrantee per fiscal year
Grant Application Period: June 1, 2022 to July 16, 2022
Eligible Applicants: Native American development organizations that have offered technical assistance services to pre-venture and established Native American businesses in Montana

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Native American Collateral Support (NACS)

Purpose: The Native American Collateral Support (NACS) Program addresses the lack of access to capital for Native American-owned businesses.  This program was developed from the feedback of a diverse set of stakeholders that prioritized the development of a financial product and pathway for Native businesses to access financing and capitalize the launch and growth of their businesses. 

Eligible Applicants: An eligible borrower is a Native American-owned business with a structure that is a recognized entity under Montana or tribal law that is registered with the Montana Secretary of State's Office or under respective tribal ordinances.  Borrowers shall complete a Native American Business Owner Certification Form and submit it with their application.

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Contact Information

Business MT
MONTANA DEPARTMENT OF COMMERCE
301 S. Park Ave.
PO Box 200501
Helena, MT 59620-0501

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P: 406.841.2870
F: 406.841.2871
TDD: 406.841.2702

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