Accessing Wildfire Risk Management in Montana
GrantID: 2903
Grant Funding Amount Low: $150,000
Deadline: June 20, 2023
Grant Amount High: $1,500,000
Summary
Explore related grant categories to find additional funding opportunities aligned with this program:
Business & Commerce grants, Education grants, Higher Education grants, Non-Profit Support Services grants, Other grants, Small Business grants.
Grant Overview
Montana's Priority Outcomes for Funding Supporting Technology Development Grants
Target Outcomes for Montana's Technology Development
The Funding Supporting Technology Development grant program aims to establish a robust public data infrastructure in Montana, driving the next information revolution. As a state with vast geographic expanses and diverse economies, Montana's priority outcomes focus on harnessing technology to bridge gaps and foster growth. The Montana Department of Commerce, in collaboration with regional economic development organizations, has identified key areas where this grant funding can have a meaningful impact. Specifically, the program seeks to support projects that enhance digital infrastructure, promote data-driven decision-making, and stimulate innovation in key sectors such as agriculture, healthcare, and tourism.
A critical aspect of this grant is its potential to support Montana's small businesses, which are the backbone of the state's economy. According to the U.S. Census Bureau, small businesses account for over 98% of Montana's businesses. Therefore, projects that demonstrate a clear understanding of the needs and challenges faced by small businesses in Montana will be given priority. For instance, initiatives that provide access to digital tools, enhance e-commerce capabilities, or offer data analytics training to small businesses will be considered favorably. The Montana Women's Business Center, which provides resources and support to women entrepreneurs, is another key partner in this effort, and projects that cater to the needs of women-owned businesses will be viewed as aligning with the state's priority outcomes.
Measuring Success in Montana
To measure the success of the Funding Supporting Technology Development grant program in Montana, the funder, Banking Institution, will track several key performance indicators (KPIs). These include the number of businesses and organizations accessing the public data infrastructure, the number of jobs created or retained as a result of the grant, and the overall economic impact of the funded projects. Additionally, the Montana Department of Commerce will monitor the program's progress, ensuring that it aligns with the state's economic development goals and objectives. The state's vast rural areas and frontier counties present unique challenges, and projects that address these challenges, such as limited internet connectivity or lack of access to digital resources, will be considered critical to achieving the program's objectives.
Montana's unique geography, with its vast open spaces and rugged terrain, makes it an ideal location for projects that leverage technology to overcome these challenges. For example, initiatives that utilize satellite imagery or drone technology to monitor land use, track natural resources, or predict natural disasters will be considered highly relevant. Furthermore, projects that demonstrate a clear understanding of the state's demographic features, such as its aging population and rural-urban divide, will be viewed as more competitive.
Focus on Rural and Underserved Areas
The Funding Supporting Technology Development grant program places a strong emphasis on supporting rural and underserved areas in Montana. The state's rural counties, such as those in the Eastern Montana region, face significant challenges, including limited access to digital infrastructure, brain drain, and economic stagnation. Projects that address these challenges, such as initiatives to improve broadband connectivity, enhance digital literacy, or promote e-commerce opportunities, will be given priority. By focusing on these areas, the grant program aims to promote economic equity and ensure that the benefits of the next information revolution are shared by all Montanans.
Q: What types of projects are most likely to be funded under the Funding Supporting Technology Development grant program in Montana? A: Projects that enhance digital infrastructure, promote data-driven decision-making, and stimulate innovation in key sectors such as agriculture, healthcare, and tourism are likely to be considered favorably.
Q: How can small businesses in Montana access the Funding Supporting Technology Development grant program? A: Small businesses can access the grant program by partnering with regional economic development organizations, such as the Montana Department of Commerce, or by applying directly to the Banking Institution.
Q: What role will the Montana Women's Business Center play in the Funding Supporting Technology Development grant program? A: The Montana Women's Business Center will provide resources and support to women entrepreneurs, and projects that cater to the needs of women-owned businesses will be viewed as aligning with the state's priority outcomes.
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