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Block Grants Awarded
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- Created on Friday, 01 May 2009 06:34
The Montana Department of Commerce has awarded $20,000 Community Development Block Grant – Economic Development (CDBG-ED) Program to Butte-Silver Bow for costs for data collection, testing, preliminary design work, and feasibility assessments for rocket testing for the Montana Aerospace Development Association’s AeroTec facility. The testing will advance hybrid rocket technology, and future development of aerospace science in Butte.
AeroTec is a rocket and jet engine testing facility located at the former Rhodia Chemical site, 10 miles west of Butte, in the Butte Silver Bow Tax Increment Financing District. The Montana Aerospace Development Association (MADA) operates the facility, which is leased by Butte-Silver Bow. Space Propulsion Group (SPG), an offshoot of Stanford University, and AeroTec’s first client, is currently conducting rocket propulsion tests at the facility. SPG conducted its first tests in March, 2009 and is slated to conduct a second series of tests in May.
In November 2007, the Montana Department of Commerce provided a $25,000 grant from the Big Sky Economic Development Trust Fund (BSTF) to Headwaters RC&D Area Inc. to assist MADA with the development of a preliminary engineering grant for the AeroTec facility.
The CDBG-ED program is funded by the U.S. Department of Housing and Urban Development (HUD). The Butte Silver Bow Tax Increment Finance District will contribute additional funding.
