Tourism is one of Montana’s most important industries, and many of tourism reliant businesses in Yellowstone Country were hit hard by recent flooding. The Tourism Reliant Business Flood Assistance grant will give businesses in Carbon, Park, and Stillwater Counties much-needed support to get them up and running.
Donor Name: Montana Department of Commerce
State: Montana
County: Selected Counties
Type of Grant: Grant
Deadline: 10/01/2022
Size of the Grant: $25,000
Details:
The Tourism Reliant Business Flood Assistance Grants have been created in response to the economic impact to tourism reliant businesses in Montana affected by the historic flooding in the counties of Carbon, Park and Stillwater.
Funds can be used
Grants will provide working capital for small businesses to support payroll, rent, accounts payable, debt services and expenses related to shifts in operations in order to retain and restore existing businesses, current employees or business viability for future re-employment.
Funding Information
The maximum award available per applicant is up to 2 months of working capital or $25,000, whichever is less.
Eligibility Criteria
- To be eligible to apply, businesses must meet all the following eligibility requirements:
- Montana-based company and located in Carbon, Park or Stillwater Counties per Executive Order 4-2022
- Registered and in good standing with the Secretary of State or Local Tribal Governments.
- Tourism reliant business. Tourism reliant business may include but not limited to:
- Gasoline Stations
- Restaurant/bar
- Hotel/motel/lodging
- Outfitter/Guide
- Retail sales
- Groceries/snacks
- Auto rental
- Private campground/RV park
- Visitor support services
- The business must have sustained a loss of revenue, employees and/or bookings due to the flooding disaster of June, 2022.
Ineligible businesses
- Nonprofit entities
- Online-only businesses
- Farming that does not generate significant revenue from agritourism activities
For more information, visit MDC.