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Montana Department of Commerce Announces $862,000 in Grants to Fund Technology Innovation

July 25, 2017 /

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Montana Department of Commerce Director Pam Haxby-Cote today announced $862,000 in grants to nine research projects in five communities to encourage innovation, research and high-wage job creation.

"Investing in technology is a proven way to strengthen Montana’s diverse economy and create jobs," said Director Haxby-Cote. "Continuing to fund cutting-edge research is key to ensuring Montana remains competitive with rapidly-changing technology, and is an investment into the future of the businesses that will grow because of that research."

The funds are being awarded through the Montana Board of Research and Commercialization Technology. MBRCT supports economic development by investing in research projects that have a clear path to commercialization.

Since 2001, the board has funded $42.8 million into 234 research projects, which in turn have attracted another $369 million in investment.

Full Story: http://marketmt.com/News/montana-department-of-commerce-announces-862000-in-grants-to-fund-technology-innovation

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