The ORE Program suite is currently undergoing the administrative rulemaking process. The ORE Loan Participation Program and the new Economic Development Organization Capacity Building Grant Program will operate under this refreshed program suite.
The ORE Program suite has two components: participation loans, including low-interest loans and forgivable loans, and grants.
ORE Program loans and grants may not be used for a project that would result in the transfer or relocation of jobs from one part of the state to another part of the state. See § 90-1-203(1), MCA.
The Montana Department of Commerce has created the ORE LPP, the ORE EDO CBG and the ORE GP. The ORE Program suite exists within the Big Sky Economic Development Program authorized by §§ 90-1-201, MCA, et seq.
The purpose of the ORE LPP and ORE GP is to assist in economic development for Montana that will:
Montana Department of Commerce
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