Microbusiness Loan Program (Montana)
Last modified on February 12, 2015.
|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|
|Program Administrator||Montana Department of Commerce|
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.
|Department||Montana Department of Commerce|
|Division||Business Resources Division, Microbusiness Finance Program|
|Address||301 S Park Ave|
Authorities (Please contact the if there are any file problems.)
|Authority 1:||17-6-401 thru 17-6-411 MCA|