- Montana Board of Investments Program offers competitive loans that can be tailored to meet the unique needs of business. These programs can enable a business to access lower, fixed rate financing with customized loan terms. Job creation projects can further reduce interest rates up to 2.5%.
- Community Development Block Grant Program assists businesses by making fixed-rate financing available to them at low interest rates, and can offer payment deferrals, lower payments in the first year, and interest- only payments.
- Export Montana, Trade Show Assistance Program provides up to $3,000 to help with out-of- state expansion by exhibiting at U.S. trade shows.
- Montana Facility Finance Authority, Master Loan Program enables qualified borrowers to access tax-exempt capital markets at investment grade interest rates providing terms up to 20 years.
- Microbusiness Finance Program provides competitive loans for eligible businesses up to $100,000.
- Empowerment Zone Tax Credit provides an income tax or insurance premium credit up to $3,000/per employee. Offers a carried back and carry forward provision.
- Employer Job Growth Incentive Tax Credit applies against state corporate or individual income tax for tax years 2022 through 2028. Credit can be carried forward 10 years.
- Montana Apprenticeship Tax Credit provides a state tax credit to launch a new or expand a current training program. May provide up to $1,500 for each new apprentice with special consideration given for veterans.
- House Bill 252 creates a flexible non-refundable employer tax credit for employer-paid trades education up to $2,000/per employee with a $25,000 cap per employer.
- New or Expanding Industry Wage Credit grants a 1% refundable tax credit to accommodate net new jobs.
- Montana has no state inventory tax or state sales tax.
- Property Tax Abatement reduces the taxable value of property or applies a reduced tax rate in nine abatement categories including New Industrial Property, R&D, New and Expanding Industries and building tenant improvements.
- Enterprise Data Center Class 17 Property Tax of .9% available for data centers of at least 25,000 square feet and $50 million in total investment.
- House Bill 303 triples the exemption of business equipment from property tax to $300,000.
- Entrepreneur Magnet Act exempts qualifying businesses from paying state capital gains tax on the sale of employee-owned stock.
- Big Sky Economic Development Trust Fund grants up to $25,000 to assist with planning, architectural reports, site selection, and feasibility studies.
- Big Sky Film Grant available for businesses targeting the B2C market developing eligible production within Montana.
- Dependent Care Assistance Credit provided for employers up to $1,575 per employee. There is a 5-year carry forward provision.
- Big Sky Economic Development Trust Fund provides up to $7,500 for each net new job.
- Primary Workforce Training Grant provides funds to businesses for training new and existing full-time workers with a maximum grant of $5,000 for each full-time employee and $2,500 for each part- time worker.
