2021 Montana Growth Through Agriculture Program (GTA)

About

The Growth Through Agriculture (GTA) program is a grant and loan program established by the Montana Legislature to strengthen and diversify Montana's agricultural industry through the development of new agricultural products and processes. Examples of eligible project activities involve equipment purchases, construction costs, advertising and promotion, and consultant services for engineering. The GTA program is administered by the Agriculture Development Council (Council) which is attached to the Department of Agriculture.

• Grant
• Loan
• Montana

Eligibility

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

Terms

$1 for $1 match is required for all types of Growth Through Agriculture proposals including both grants and loans.

Maximum $150,000 made up of:

• Up to $50,000 in the form of grant funding

• Up to $100,000 in the form of loan funding

Resources

• Growth Through Agriculture Program Guidelines

• Frequently Asked Questions

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• 

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Details

Updated July 16, 2021

This information was gathered from public sources. Ambrook is not responsible for or able to affect the results of any financial programs listed, nor are they responsible for any incorrect information that is listed or is on the hyperlinked external sites. All information is subject to change.