Question 1

Who is eligible?

Accepted Answer

Projects should primarily add value to Montana’s agricultural products, have prospects for achieving commercial success given the current personnel, experience and resources of the applicant and have the possibility to create and/or retain jobs in Montana.

Additional Loan Eligibility Requirements:

The Council has the option to offer high and low interest loans up to $100,000 for those projects that meet the general criteria for funding listed above.
- To be eligible for a low interest loan, the applicant must have unencumbered collateral to secure the full amount of the loan.
- The Council can select up to two targeted areas for projects which would be eligible for low interest loans. These targeted areas will encourage specific types of projects and will inform the public of the Council’s particular interests. These targeted areas must be announced 60 days prior to becoming effective.

Additional Grant Eligibility Requirements:

The Council may award grants up to $50,000. In addition to meeting the general criteria for funding, grant applicants must demonstrate through their application that they meet at least one of the following additional criteria:
- The project will benefit additional agricultural companies,
- The project will accomplish research that will benefit agriculture as a whole, or
- The applicant is a nonprofit entity.

Eligible Costs:

Eligible costs under the GTA program include, but are not limited to:

Equipment
Consultant Services (professional, technical, operational)
Travel
Advertising and Promotion
Supplies and Materials
Communication (telephone, postage, printing, etc.)
Data Processing

Question 2

When do applications close?

Accepted Answer

June 30, 2023

Montana Growth Through Agriculture Program (GTA)

Eligibility

Terms

Application Instructions

Resources

Details