TOMIS Holdings, a Missoula tech company, got $125,000 to create 25 new eligible jobs. TOMIS is a software development company.

“Montana is one of the fastest growing economies in the nation,” said Montana Department of Commerce Director Scott Osterman. “The sustainability of our future economy is driven by the ability of our businesses to compete locally, nationally, and internationally and grow market share with high value products and services. These BSTF grants are significant investments into Montana businesses for growth of good paying jobs and are critical to creating partnerships with private businesses contributing to expanding the Montana economy.”

Cognizant Technology Services, which has a large office in the Old Sawmill District in Missoula, will get the money from the Big Sky Trust Fund. Missoula County is actually the entity that will get the grant funds but will pass it on to the business.

Cognizant, an information technology consulting business, will use the money to purchase equipment, furniture, software and construction materials. It will also use the money for wage reimbursement that will enable it to create 200 new jobs over two years. To qualify, companies must take in revenue from out of state, among other requirements.

The Big Sky Trust Fundis funded through the state’s coal severance tax. Seven other companies around the state also got grants, but none were nearly as large.