Indian Equity Fund (IEF) Small Business Grants

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The Indian Country Programs will begin accepting applications for fiscal year 2022 Indian Equity Fund (IEF) Small Business Grant program starting July 1, 2021.  Applications will be accepted through August 31, 2021.   

PURPOSE: The Indian Equity Fund Small Business Grant is a grant to assist a start-up or expanding Native American business in Montana. This money can be used for a variety of activities such as the purchase of new equipment or the development of a new product line. A total of $320,000 is available to fund Native American businesses in Montana.

GRANT APPLICATION PERIOD: July 1, 2021 to August 31, 2021

ELIGIBLE APPLICANTS:   The funds are available to enrolled members of the eight federally recognized tribes in Montana. All applications must include documentation of tribal enrollment in the form of a Certified Indian Blood (CIB) Form or tribal ID.  An application will be considered incomplete without this information.

GRANT AMOUNT: Awards for individual businesses can be up to $14,000 with a minimum dollar to dollar cash or in-kind match ($1:$1) and must be firmly committed and documented in the application.