Welcome to the Confederated Salish and Kootenai Tribes' CSKT Economics website. The following is information that will hopefully provide some
HELP FOR SMALL BUSINESS OWNERS AND OTHERS DURING THE COVID-19 PANDEMIC.
During this COVID-19 pandemic, many small businesses and individuals are suffering on the Reservation. The following information was gathered by the Confederated Salish and Kootenai Tribes’ Economic Development Office (CSKT EDO) to assist these businesses and individuals.
* New CSKT Small Business Relief Grants for CSKT-member-owned businesses: CSKT is offering grant support for CSKT-member-owned small businesses and active CSKT-member livestock producers in the recovery, stabilization, and adaptation of business operations. A business can apply for up to $20,000 of working capital to help stabilize business operations for up to 9.5 months. If needed, businesses can also apply for up to $10,000 toward adaptation equipment and supplies. If a business needs both stabilization and adaption funds, the owner can apply for up to $30,000 in total funding.
CSKT Small Business Relief Grants eligibility requirements:
· Must be a Flathead Reservation-based company
· Must be an enrolled member of the Confederated Salish and Kootenai Tribes
· Must be registered as a Preference 1 business in good standing with the CSKT Indian Preference Office, OR have a certificate in good standing from the Montana Secretary of State’s Office, OR have a certificate of good standing from CSKT if an LLC registered with CSKT, OR have an active Montana Livestock Brand registration certificate
· Must have filed 2019 taxes for the business
· Businesses established in January or February 2020 must be able to provide receipts, invoices and payroll reports showing 2020 revenue and expenses
· Had 50 or fewer part- or full-time employees prior to February 15, 2020
· Sustained a loss of revenue due to COVID-19 since February 15, 2020
· May not be a marijuana-based business
Information needed for the grant application:
· Estimated cost to re-establish business operations
· 2019 Federal Income Tax Return showing business’ annual revenue and expenses for 2019 or receipts and invoices showing revenue and expenses during 2019 or January-February 2020.
· Payroll reports from March 2020 to present (if business has employees)
Copy of up-to-date Indian Preference Office certificate, livestock brand registration, certificate of good standing from the Montana Secretary of State’s Office, or a certificate of good standing from CSKT if business is an LLC registered with CSKT.
The deadline for applications is November 15, 2020.
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* State Grants -- ALL STATE GRANT APPLICATIONS CAN BE FOUND AT https://commerce.mt.gov/Coronavirus-Relief
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· Federal Grants and Loans – Small Business Administration (SBA) All guidance documents/data documents available for PPP are located at the SBA and Treasury websites as follows:
The SBA and Treasury have provided guidance in the form of Frequently Asked Questions (FAQs) to address borrower and lender questions concerning forgiveness of Paycheck Protection Program (PPP) loans. This document contains multiple FAQs with answers for topics in the following categories:
- General Loan Forgiveness FAQs
- Loan Forgiveness Payroll Costs FAQs
- Loan Forgiveness Nonpayroll Costs FAQs
- Loan Forgiveness Reductions FAQs
The entire document may be found at the following link: https://www.sba.gov/sites/default/files/2020-08/PPP%20Loan%20Forgiveness%20FAQs%208-4-20.pdf
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· Free Webinars and Online Training Opportunities – Free webinars are available on the SBA YouTube page at www.youtube.com/sba, as well as at https://sbdc.mt.gov/classroom where one can find great webinars for disaster planning and dealing with the COVID-19 situation.
· Other Resources for Businesses and Employees – The Montana Department of Labor is posting frequently asked questions and resources for businesses and employees at its webpage dedicated to providing COVID-19-related information at http://dli.mt.gov/employer-covid-19.
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Tribal economic development focuses on four main areas:
- Jobs - Workforce Enhancement
- Corporate Development
- Small Business/Entrepreneur Support
- Planning and Development
This website provides resources for job seekers who can use the "Workforce Enhancement" link at the top of this page to make an appointment with our Workforce Enhancement Coordinator. The Coordinator provides assistance with training, resumes, job applications, career blueprints and other resources. $25 stipends are available to tribal members who complete an assessment survey and Career Blueprint.
Links to a list of CSKT job openings and a Workforce Training Directory are located in the upper right column of this page.
Information about CSKT's corporations is available by clicking on the "Tribal Corporations" link at the top of this page.
Small business and entrepreneur support is provided through grants, loans, free training, quarterly networking meetings, and other technical assistance. To review our Business Resource Directory or check our list of Native American owned businesses, click on the links in the upper right column of this page. Additional information is available by clicking on "Small Business-Entrepreneur Support" at the top of this webpage.
Planning and development includes work with other agencies to address economic development and land use issues of mutual concern, as well as planning for development and management of existing and newly acquired Tribal properties. The Hot Springs Wellness Center and culturally-appropriate tourism development are two of CSKT's planning projects.
The Tribal Economic Development Office (EDO) is charged with planning and implementing some of these resource development projects, with Tribal Council and interdisciplinary staff concurrence, to lead the Tribes toward a self-sufficient economy within the parameters of sound environmental stewardship. The Annual Work Plan for the EDO includes the following goals:
- Facilitate Reporting and Communications between Tribally-Owned Corporations/Enterprises and the Tribal Council/Shareholder
- Complete Due Diligence, as directed, on New Business Proposals Submitted to CSKT by Outside Business Interests
- Assist Tribal Member Entrepreneurs and Prospective Entrepreneurs with Access to Capital, Training, and Other Business Development Needs
- Support Revenue-Producing Tribal Programs, including Review of Land Acquisition Proposals with Revenue-Producing Potential
- Research and Plan for the Best Use of Tribal Assets
- Coordinate with Other Governmental Entities Regarding Economic Development, Planning and Workforce Development