Montana Title 15. Taxation § 15-24-1801. Definitions

(1) “Business incubator” means a facility in which space is leased to new small businesses and that provides shared services and business assistance to the new businesses in order to improve their chances of success. The services provided may include but are not limited to receptionist, copying, computer, telephone, secretarial, and meeting services. The assistance provided may include but is not limited to advice concerning marketing plans, business plans, accounting, and administration.

(2) “Local economic development organization” means a private, nonprofit organization whose primary purposes are to develop the economy of its area and to provide assistance to businesses in that area.