Thursday, April 19, 2012

State Trade Export Promotion (STEP) - Apply Now!

The Massachusetts Office of International Trade and Investment (MOITI), in collaboration with the Massachusetts Small Business Development Center (MSBDC) and the Massachusetts Export Center (MEC), recently launched the Massachusetts State Trade and Export Promotion (STEP) Grant Program through a grant from the United States Small Business Administration (SBA). The STEP grant program offers financial assistance to eligible Massachusetts small businesses seeking new and increased export sales of their goods and services. The grant program is intended to help offset international business development and related marketing costs for small businesses.

Grants under the STEP Program will be capped at $10,000 per business to reimburse for costs associated with projects, activities or services undertaken during the period March 1, 2012 to September 29, 2012. Each grant recipient will be required to provide a match to cover 25% of the total approved cost for any project, activity or service.

MOITI will accept submissions for consideration from April 16 - May 15, 2012.

To apply for the STEP program, companies or firms must meet the U.S. Small Business Administration definition of small business.

Have questions? Call Naomi Grossman at 617-830-5404 or email STEP@MOITI.org

No comments: