STEP grant funding available to grow small business exports

By U.S. Export Assistance Center - Louisville on Wed, October 08, 2014
STEP grant funding available to grow small business exports

The Kentucky Cabinet for Economic Development  has announced the third year funding of the State Trade and Export Promotion (STEP) grant program is now available to qualifying Kentucky exporters with 500 or fewer employees*, to develop overseas markets for their products.  The STEP grants are intended to grow U.S. jobs by increasing exports of American made goods.

Qualifying expenses covered by the grant include:

  • Gold Key Service - Business to business matchmaking with customized meeting agenda overseas (U.S. Commercial Service - U.S. Dept. of Commerce)
  • International Partner Search - Business to business matchmaking reports (U.S. Commercial Service - U.S. Dept. of Commerce)
  • International Company Profile - Due diligence reports on prospective overseas partners (U.S. Commercial Service - U.S. Dept. of Commerce)
  • Educational and Trade Certification Programs (World Trade Center Kentucky)
  • Participation in International Trade Show
  • Participation in International Trade Mission
  • Customized Market Research
  • Professional Translation of Website or Marketing Materials                                                    

 
*The STEP grant is an export initiative administered by the Small Business Administration.  Grants will be available on a competitive basis to companies who meet the small business standards as set by the SBA and can self-certify their eligibility.  For a complete listing of industry specific small business definitions, click HERE
 
Visit: http://kyexports.com/ to learn more about the STEP grant program and to download the STEP grant application.
 
In 2013, Kentucky companies exported $25.3 billion in goods to more than 200 countries.  This represented the third consecutive year of record growth.  The STEP grant aims to build even further on this success.
 

Tags: Grant Programs, Exports

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