The Indian Equity Fund (IEF) Small Business Grant is a grant to assist a start-up or expanding Native American business in Montana. This money can be used for a variety of activities such as the purchase of new equipment or the development of a new product line. A total of $320,000 is available to fund Native American businesses in Montana.
Download IEF Cashflow Spreadsheet.
July 1, 2024 to Sept. 30, 2024
The funds are available to enrolled members of the eight federally recognized tribes in Montana. All applications must include documentation of tribal enrollment in the form of a Certified Indian Blood (CIB) Form or tribal ID. An application will be considered incomplete without this information.
Awards for individual businesses can be up to $14,000 with a minimum dollar to dollar cash or in-kind match ($1:$1) and must be firmly committed and documented in the application.
2025 IEF program guidelines are available at the link below.
Montana Department of Commerce
301 S Park Ave, Helena, MT 59620
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Montana Relay 711