Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Commerce briefs committee on business programs; officials defend SHOT Show outreach and say it produced manufacturers
Summary
Commerce officials described Business MT programsincluding export assistance, micro-business lending, SSBCI, Big Sky economic development loans and Indian Country programsand defended attendance at the SHOT Show as a driver for at least several firearms manufacturers relocating to Montana.
Commerce staff presented the Business MT division's suite of economic development programs to the appropriations subcommittee, describing loans, grants and technical assistance aimed at expanding industry and attracting employers.
The division's export team receives state funding that enables federal matching; presenters said Commerce received $400,000 in state funding that enabled roughly $800,000 in federal trade expansion program funds and that the state recently tied for the largest award nationally when it obtained $900,000 in federal support for the next year. Staff said those federal funds support marketing and export assistance to Montana manufacturers.
Program managers outlined several loan and grant programs: a micro-business finance model that…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
