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Feds bringing $61 million to Montana small businesses

State Small Business Credit Initiative will provide capital to small businesses to create jobs and expand operations

The federal government is providing $61 million dollars, courtesy of the American Rescue Plan Act passed to help the country deal with the COVID-19 pandemic, to help Montana small businesses.

A release from the office of Sen. Jon Tester, D-Mont., said the money is for credit and investment programs for small businesses and startups to help them grow and succeed, strengthening the economy.

“Small businesses are the backbone of Montana’s economy, creating good paying jobs and strengthening our communities from our most rural areas to our cities,” Tester said in the release. “I’m p...

 

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