MT Women's Business Center Impact Grant

2022 Montana Women's Business Center Impact Grant Application NOW OPEN!

2022 Montana Women's Business Center Impact Grant


2022 Grant Applications are Now Open!

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Competition Details and Dates

Grant application deadline is Friday, March 4, 2022, at NOON (MST).

NO EXCEPTIONS ON LATE OR INCOMPLETE APPLICATIONS.

  • Finalists will be notified by March 25, 2021.
  • Finalists in each of the three categories will compete in a live virtual Pitch Presentation on April 6 from 4:30 pm - 7:00 pm
  • Grant recipients must use the grant funds by September 1, 2022, and must supply receipts, final report, and photos for payment.
  • Businesses that have received WBC impact grant funding within the past 5 years are not eligible.

Grant Competition Announcement November 2021

The Montana Women’s Business Center is pleased to announce $18,000 of the funds raised at the 2021 Prosperity Party fundraiser will go directly to helping Montana’s women business owners. Grant funding can be used for anything that will enhance economic independence for women, job creation, or take the business to the next level of success.

We are most interested in projects that directly improve the ability for women business owners to become more economically successful. Grant applicants should share a brief compelling story for how they will use or leverage grant funds to grow or strengthen their business and how it will impact their local community.

Grant Funding:
Applicants will apply for one of two categories to fund ONE project.

The applicants will be broken up into Rural and Urban groups. If your business is registered in town with a population of fewer than 10,000, you qualify for the Rural grants. Businesses that are registered in towns with a population of more than 10,000 people, qualify for the Urban grants. Both Rural & Urban have a $3,000 grant and $6,000 grant.

This is a reimbursement grant, the winners in each category will be reimbursed within 30 business days of submitting receipts.

Grant Details:

  • This is a statewide opportunity for Montana women-owned businesses only; with ownership of 51% or more.
  • Grant applicants must be registered with the MT Secretary of State, and be a revenue-generating business for at least 12 months.
  • This opportunity is open to for-profits only.
  • Grant funding cannot be used for a business in the cannabis industry.
  • Applicants do not need to be a Prospera member.
  • Applicants can apply for up to $3,000 or $6,000 to be used for equipment, marketing, signage, staffing, trailers, leasehold improvements, anything that will take your business to the next level – please only apply for exactly how much you need.
  • Please do not submit a grant for training -- the Department of Labor has an excellent grant called the Incumbent Worker Training Grant that can help you: http://wsd.dli.mt.gov/employers/incumbent-worker-training-program
  • If grant funds will leverage other fund sources, the applicant must show proof that those funds are confirmed. If you are applying for funds to hire a new employee, please show proof that your business has the cash flow to support this new position beyond the grant period as well as a job description with wage information.
  • Gather these items prior to applying, you will need to upload the following documents:
    • 2021 Profit + Loss Statements (PDF)
    • 2021 Balance Sheet (PDF)
    • 2020 Profit + Loss Statements (PDF)
    • 2020 Balance Sheet (PDF)
    • Your Logo (jpeg, png, of PDF)
    • Photo of the business owner(s) (jpeg, png, of PDF)
    • Additional photos (jpeg, png, of PDF)
    • Please do not upload portfolios

Finalists from each grant award category will participate in a virtual pitch competition on April 6, 4:30-7:00 pm. Judges will make final decisions and grant awards will be announced during the event.

Questions? Contact Shayna Blaser:

sblaser@prosperamt.org

April 6th Pitch Presentation (4:30-7:00pm MST):

  • Each finalist pitch will include a 5-minute presentation (you can have a PowerPoint/AV presentation or products) and a 5 minute Q + A from the judges.
  • The judges and the audience will vote to determine the winner.
  • There will be three finalists in each category:
  • Sign up to join the virtual pitch contest here.

Grant Awardees must supply the following by September 1, 2022:

  • 200 word or less paragraph about how the grant has helped your business.
  • Five photos of the business using the grant money.
  • Must be willing to post on social media three times with a photo tagging #PoweredbyProspera and the #MTWomensBusinessCenter.
  • Must be willing to be interviewed for our MT WBC Impact video which will be shown at the next Prosperity Party fundraiser with a customary photo release to share your story.