Rural Business Development Grants
The US Department of Agriculture offers Rural Business Development Grants (RBEG). These competitive grants are only available 1x per year usually in the spring.
USDA Value-Added Producer Grant Program
The Value-Added Producer Grant is intended to help agricultural producers enter into value-added activities related to the processing and/or marketing of bio-based, value-added products. Generating new products, creating and expanding marketing opportunities, and increasing producer income are the goals of this program. Prospera’s FADC will be hosting two trainings on this grant program on Jan 23 and Jan 25.
State Trade Expansion Program (STEP)
Exporting could be the right next move for your business, and our STEP grant can help.The Montana STEP grant, funded in part by a grant from the U.S. Small Business Administration, helps new and experienced exporters with expanding in to new international markets. Exporters can get a 50% reimbursement of the cost of international marketing activities to help offset the risk of trying out new markets or new tactics.
MT Women’s Business Center Impact Grant
Grant Application Portal open Jan 1, 2023 - March 2, 2023
Applicants of women-owned businesses in MT can apply for grants to be used for equipment, marketing, signage, staffing, trailers, leasehold improvements, or anything that will take your business to the next level.
MT Incumbent Worker Training Grants (IWT)
The program is a wonderful resource for many Montana companies and Prospera is eager to help our members secure these funds. However, not all companies, employees or trainings qualify for this grant. We have compiled a checklist for vetting whether it is appropriate for Propsera members to apply for this grant.
Grant Assistance at Prospera
Business grants are ideally suited to help companies grow and bring economic sustainability to local communities. Our team at Prospera specializes in helping align businesses to the right state and federal grant funding. Many of these grants are designed to help companies grow, expand, and lean into emerging markets, and getting the right fit is vital for success.
Talk with one of our business counselors to see if your company is eligible for a business development grant, and let us help you get connected to the right business development grant so you can move your business forward.
For more info on grants available for food & agriculture businesses, please email info@prosperamt.org