$3 Million Now Available to Support Montana Businesses to Refill Jobs Lost Due to Pandemic Impacts
Friday Oct. 16th, 2020
Montana businesses are now eligible to apply for workforce recovery grant dollars to help companies refill jobs that were lost due to the economic impacts of the COVID-19 pandemic. The Montana Department of Commerce has launched a temporary Workforce Recovery grant program as part of the Big Sky Economic Development Trust Fund (BSTF).
The Big Sky Economic Development Trust Fund Workforce Recovery program will reimburse a business for the wages of full-time, permanent jobs that are created and retained for at least six months, up to a maximum of 25 jobs per business. Businesses apply directly to the program. Find more information here: https://marketmt.com/BSTF/WorkforceRecovery.
The Workforce Recovery program is in direct response to supporting businesses impacted by the economic effects of the pandemic. The ability to create the temporary program has been made possible by a governor’s directive which allows for flexibility in the Big Sky Economic Development Trust Fund program. Funding for the temporary program comes from reverted BSTF Job Creation awards, it is not a replacement for or pausing of the well-established business development program.
Applications will be accepted on a first-come, first-served basis until all funds have been committed or December 31, 2020; whichever comes first.
Apply at MARKETMT.COM/BSTF/WorkforceRecovery.