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SBA Support for Export Promotion – Financial Support for your Export Efforts

September 8, 2015

You may already be familiar with the Small Business Administration’s State Trade and Export Promotion Pilot Initiative (CFDA# 59.061).

This program allows companies who are seeking to explore export markets to receive support from this combined state and federal government program. As their website states:

The State Trade and Export Promotion (STEP) Program is a pilot export initiative to make matching-fund awards to states to assist small businesses enter and succeed in the international marketplace. Activities to support small business exporting under the STEP Program are provided to eligible small business concerns (“STEP Clients”) located in states, territories, and the District of Columbia.

The program’s objectives are to increase the number of U.S. small businesses that export and to increase the value of exports by small businesses.

STEP activities are managed and provided at the local level by state government organizations. The Program is managed at the national level by the U.S. Small Business Administration’s Office of International Trade. The Program was appropriated $8,000,000 in in FY 2014 funding for the third round.

We would encourage you to see if your company might qualify for this assistance. For more information, please visit the SBA’s site at https://www.sba.gov/offices/headquarters/oit/resources/14315

Filed Under: All Posts, Global Opportunities Tagged With: IBC, small business administration, STEP Program

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