The U.S. Department of Agriculture's Rural Business Cooperative Services awarded a $200,000 Rural Cooperative Development Grant (CFDA 10.771) to the Montana Cooperative Development Center Inc. (MCDC), a nonprofit organization, on September 27, 2023. This two-year grant supports MCDC's efforts to provide technical assistance, training, feasibility studies, and business planning services to individuals and entities seeking to establish or enhance rural cooperative enterprises in Montana. The...
The U.S. Department of Agriculture's Rural Housing Service and Rural Business Cooperative Services awarded a $200,000 Rural Cooperative Development Grant (CFDA 10.771) to the Montana Cooperative Development Center Inc. (MCDC), a non-profit community development corporation, for the period of September 6, 2024 to September 6, 2026. Through this grant, MCDC will provide technical assistance, training, feasibility studies, and business planning services to individuals and entities seeking to...
The U.S. Department of Agriculture's Rural Business Cooperative Service awarded a $175,000 Project Grant under the Socially-Disadvantaged Groups Grant (CFDA 10.871) program to Montana Cooperative Development Center Inc. The grant, awarded on August 24, 2023, will fund the organization's efforts to provide technical assistance services that promote the establishment, operation, and expansion of cooperatives and other mutually-owned enterprises benefiting socially disadvantaged agricultural...
The Department of Commerce's Economic Development Administration awarded a $3 million Project Grant to the Southeastern Montana Development Corporation under the Economic Adjustment Assistance program (CFDA 11.307) on September 29, 2021. The grant funds will support the construction of a Business Innovation Center in Colstrip, Montana to address economic challenges from the closure of local coal plants. The Center will provide business support services to emerging companies, workforce training...
The Department of Commerce Economic Development Administration (EDA) awarded $325,000 under the Economic Development Support for Planning Organizations (CFDA 11.302) federal grant program to the North Central Montana Economic Development District, Inc. to develop and implement a Comprehensive Economic Development Strategy (CEDS) for a five-county region in central Montana. The CEDS process brings together public and private sector stakeholders to create an economic roadmap to diversify and...
The Montana Cooperative Development Center Inc. (MCDC) received a $200,000 Project Grant award from the US Department of Agriculture Rural Housing Service on September 15, 2022 through the Rural Cooperative Development Grants program (RCDG, CFDA 10.771). MCDC will use this funding to provide technical assistance and services to improve the economic conditions of rural areas in Montana by assisting individuals and businesses with starting, expanding, or operationally improving rural...
The Department of Commerce's Economic Development Administration (EDA) awarded $2.9 million to the Montana Department of Commerce under the Economic Adjustment Assistance (CFDA 11.307) federal grant program on November 9, 2021. The funding will support projects to rejuvenate safe leisure, business, and international travel in Montana as part of EDA's $750 million American Rescue Plan Travel, Tourism & Outdoor Recreation program. Specifically, the Montana Department of Commerce will use the...
The Department of Commerce Economic Development Administration (EDA) awarded $455,000 under the Economic Development Support for Planning Organizations (CFDA 11.302) federal grant program to the Southeastern Montana Development Corporation to develop and implement a Comprehensive Economic Development Strategy (CEDS) for Custer, Powder River, Rosebud, and Treasure Counties in Montana. Through this January 1, 2022 project grant concluding March 31, 2025, the Southeastern Montana Development...
The Department of Commerce Economic Development Administration awarded a $1,450,000 project grant to the Northern Rocky Mountain Economic Development District on February 18, 2021 under the Economic Adjustment Assistance program (CFDA 11.307). The funding will support a revolving loan fund to provide financing and technical assistance for businesses and communities in Bozeman, Montana as they work to diversify their economies and promote job growth. The Economic Adjustment Assistance program...
This $580,909 Economic Adjustment Assistance Project Grant from the Department of Commerce Economic Development Administration will support the Montana Foreign Direct Investment Strategy project led by the University of Montana. The project aims to enhance community assets, support growth in U.S. exports tied to foreign direct investment, and ultimately return jobs to the United States by targeting foreign direct investment opportunities in Montana that will facilitate capital investments in new...