![Senator’s Small Business Jobs Legislation Creates Influx of Capital for Montana Businesses](http://townsquare.media/site/119/files/2011/07/make-money-on-line.jpg?w=980&q=75)
Senator’s Small Business Jobs Legislation Creates Influx of Capital for Montana Businesses
Montana’s senior U.S. Senator Max Baucus announced today that Montana small businesses will now have access to more than $100 million in new lending through the State Small Business Capital Initiative.
The initiative is a key part of Baucus’n Small Business Jobs Act of 2010 which is designed to help create the right economic conditions for small businesses to create jobs.
The U.S. Treasury has finalized a $13 million grant for the State Small Business Capital Initiative in Montana. The program is designed to attract $10 in new private lending for every $1 in federal funding which would unleash $130 million in new lending for Montana’s small businesses.
More From Newstalk KGVO 1290 AM & 98.3 FM
![University of Montana 118th Commencement Ceremony Saturday, Live Feed Offered](http://townsquare.media/site/119/files/2015/05/UM-Commencement-1.jpg?w=980&q=75)
![Max Baucus Meets With Montana School Administrators on Rural Education Program [AUDIO]](http://townsquare.media/site/119/files/2013/07/Baucus.jpg?w=980&q=75)
![Congressman Steve Daines Opens Missoula Office [AUDIO]](http://townsquare.media/site/119/files/2013/02/Steve-Daines.jpg?w=980&q=75)
![Baucus, Tester Take Cautious Approach on Guns](http://newsradio95.com/files/2012/12/Baucus-1.jpg?w=980&q=75)
![Grassroots Rally in Bozeman Friday at Noon [AUDIO]](http://townsquare.media/site/119/files/2012/12/joe_balyeat_resized.jpg?w=980&q=75)
![Max Baucus Kicks Off Tourism-Trade Mission With Canada [VIDEO]](http://townsquare.media/site/119/files/2012/10/Max-Baucus-in-DC.jpg?w=980&q=75)
![Senator Max Baucus on University of Montana Grant [AUDIO]](http://townsquare.media/site/119/files/2012/09/Max-Baucus-in-DC.jpg?w=980&q=75)
![Hamilton Senior Accepted To Marine Academy](http://townsquare.media/site/119/files/2012/01/marine-academy.jpg?w=980&q=75)
![Montana’s Deligation Weighs In On Address](http://townsquare.media/site/119/files/2012/01/state-of-the-union.jpg?w=980&q=75)