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Dollars Attracted to Montana


The Montana Board of Research Commercialization and Technology has attracted more than $417 million to Montana


Grants Awarded: $42 million

Matching Funds: $47 million

Follow-On Funding: $370 million

Total Matching Funds & Follow-On Funding: $417 million

Projects must be matched with non-Montana state government funds at an amount equal to at least 25% of total project costs. The program has averaged $1.12 in matching funds for every grant dollar awarded, easily exceeding the statutory requirement.

Follow-on funding is defined as dollars secured by projects after funding by the Board.

Dollars Attracted to Montana as a Result of Research and Commercialization Project Grants as of October 2016


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