Microbusiness Loan Program (Montana)

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Last modified on February 12, 2015.

EZFeed Policy

Place Montana


   
Applies to States or Provinces Montana
Name Microbusiness Loan Program (Montana)
Policy Category Financial Incentive
Policy Type Loan Program
Affected Technologies Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Solar Photovoltaics, Wind energy
Active Policy Yes

Implementing Sector State/Province
















Maximum Incentive $100,000










Program Administrator Montana Department of Commerce
Primary Website http://businessresources.mt.gov/mbfp/default.mcpx



Last Review 2014-09-15


Information Source http://www.deq.mt.gov/Energy/Renewable/TaxIncentRenew.mcpx


Summary

Businesses producing energy using an alternative renewable energy source are eligible for microbusiness loans, which are capped at $100,000. A microbusiness is a Montana-based company with fewer than ten full-time employees and a gross annual revenue of less than $1 million. Application for a loan is made to a certified microbusiness development corporation; there currently are five located around the state.



Policy Contact

Department Montana Department of Commerce
Division Business Resources Division, Microbusiness Finance Program
Address 301 S Park Ave

Place Helena, Montana
Zip/Postal Code 59601
Phone 406.841.2730

Fax 406.841.2731

Website http://businessresources.mt.gov/mbfp/default.mcpx
     
     

Authorities (Please contact the if there are any file problems.)

Authority 1: 17-6-401 thru 17-6-411 MCA




















References