Montana Code 90-1-117. Small business state matching grant program — purpose
90-1-117. Small business state matching grant program — purpose. (1) There is a small business state matching grant program established within the department of commerce to provide guidelines and state matching grants to businesses meeting the criteria in 90-1-118 that have received phase I funding for federal small business innovative research grants or small business technology transfer grants and that are applying for phase II federal small business innovative research grants or small business technology transfer grants.
Terms Used In Montana Code 90-1-117
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201
(2)The state matching grants available for the small business state matching grant program are from any funds received for the program or appropriated to the program by the legislature.
(3)The purpose of the program is to foster job creation and economic development in the state by providing state matching grants to eligible businesses meeting the criteria described in 90-1-118.