90-1-119. Grant award guidelines. (1) The department of commerce may award grants of no more than $100,000 to a business meeting the criteria in 90-1-118.
(2) A business may receive a state matching grant for each separate project that is submitted under a federal small business innovative research grant or small business technology transfer grant.
(3) (a) Upon application from a business that has met the criteria in 90-1-118, the department may award up to 50% of the grant.
(b) To receive the remaining 50% of the state matching grant, the business shall submit to the participating federal agency, with copies to the department of commerce, a final phase I project report, a letter of support from the sponsoring agency indicating that the sponsoring agency is interested in the phase II proposal, and an application for phase II funding. The remaining 50% of the state matching grant is not contingent upon approval of the phase II project by the participating federal agency.
(c) Upon receipt of the documents listed in subsection (3)(b) and verification by the business of a submitted phase II application to the participating federal agency, the department of commerce shall remit to the business the remaining 50% of the grant to be provided under 90-1-117 through 90-1-119.
(4) A business applying for a state matching grant under 90-1-117 through 90-1-119 shall submit on a form prescribed by the department of commerce an application that contains:
(a) the name of the business, the form of business organization that is registered with the secretary of state, and the names and addresses of the principals or management of the business;
(b) proof of receipt of a phase I award under a federal small business innovative research grant or a federal small business technology transfer grant; and
(c) any other information required by the department of commerce by rule.
History: En. Sec. 3, Ch. 215, L. 2009.
Structure Montana Code Annotated
Title 90. Planning, Research, and Development
Chapter 1. Development Coordination
Part 1. Planning and Economic Development
90-1-101. Declaration of necessity and public policy
90-1-102. Functions of department of commerce -- state planning
90-1-103. Functions of department of commerce -- community development
90-1-104. Functions of department of commerce -- recreational development
90-1-105. Functions of department of commerce -- economic development
90-1-106. Functions of department of commerce -- housing
90-1-107. Contracts and agreements for projects and programs -- cooperation with other agencies
90-1-109. State census and economic information center
90-1-110. and 90-1-111 reserved
90-1-113. Cooperation of state agencies
90-1-114. Rulemaking authority
90-1-117. Small business state matching grant program -- purpose
90-1-118. Small business eligibility criteria
90-1-119. Grant award guidelines
90-1-121. through 90-1-129 reserved
90-1-131. State-tribal economic development commission -- composition -- compensation for members
90-1-132. Commission purposes -- duties and responsibilities
90-1-133. Comprehensive assessment on reservations
90-1-134. No waiver of tribal sovereignty
90-1-135. Special revenue accounts
90-1-136. through 90-1-140 reserved
90-1-144. Financial assistance center -- department responsibilities
90-1-145. Cooperation between state agencies and department -- dissemination of information
90-1-146. Information coordination
90-1-148. through 90-1-150 reserved
90-1-151. Main street program -- establishment -- purpose -- rulemaking
90-1-152. through 90-1-159 reserved
90-1-162. Heritage preservation and cultural tourism commissions
90-1-164. Heritage and cultural tourism promotion and development plan
90-1-165. and 90-1-166 reserved
90-1-167. Cultural treasures -- coordination
90-1-168. Certified local governments
90-1-170. through 90-1-174 reserved
90-1-176. through 90-1-180 reserved
90-1-181. Functions of department of commerce -- socioeconomic advocacy