Colstrip Impacts Foundation: Economic Development Grant

The Colstrip Impacts Foundation offers an Economic Development Grant aimed at supporting impacted workers and fostering economic growth in the Colstrip community. Grants are available for existing and startup businesses that propose innovative solutions to local economic challenges, leverage additional support, and contribute to community sustainability. The initiative seeks to enhance job creation and retention, ensuring a vibrant future for the region.

MCF manages more than $188.5 million in assets and administers more than 1,470 philanthropic funds and planned gifts. Since our founding, MCF has reinvested more than $100 million in Montana through scholarships, grants, and programs.
Grants available to support impacted workers and their families and further economic development in the Colstrip community.
Colstrip is a changing community. Supporting people, businesses, and services is key to the future of the Colstrip region. The Colstrip Impacts Foundation offers grants to support the local community.
Grants will be made to eligible organizations and individuals. Funding is available in three areas of support: economic development, support for taxing districts, and grants directly to impacted workers.
The economic development grants are for existing and startup businesses seeking funding to increase economic growth and development in the community.
The Colstrip Impacts Foundation will fund projects that:

• Propose ways to address community and economic issues.
• Leverage other sources of support.
• Are creative in the approach to solving problems.
• Support innovative approaches to community or economic development.
• Examples of what the Economic Development Grant will fund include:
• Businesses expansion.
• Business sustainability (allow business to stay open).
• Startup business ventures.
• Job creation or retention.

Ineligibility

The Foundation will not fund:Businesses not located in Colstrip (within 10 miles of city limits) or intend to move out of the community.Businesses without other investments.Religious or sectarian programs or projects.One-time events (example: parties, celebrations, social gatherings).Debt coverage.Applications from Colstrip Impacts Foundation committee members or immediate family members of committee members.