STEP GRANTS AGAIN AVAILABLE TO CALIFORNIA SMALL BUSINESS EXPORTERS

Posted by on Jul 22, 2016 in News, News & Articles, Uncategorized | Comments Off on STEP GRANTS AGAIN AVAILABLE TO CALIFORNIA SMALL BUSINESS EXPORTERS

Small Business Exporters have an opportunity to get grant funding to support a variety of export-related activities.  California has again been granted STEP Fund dollars to support small business exporter activities.  The U.S. Government, through the SBA (Small Business Administration) provides funding which is administered by California agencies appointed to do so by the Governor.  The SBA funds are supplemented by matching funds from California as well.Fotosearch_k3538461

Small business exporters can use the funds for a wide variety of purposes, including international marketing, trade show participation, training, U.S. Commercial Service programs, and trade missions.  In general, funds are disbursed on a reimbursement basis, (participant to present evidence of expenditure.)

An application is required, and applicants are approved and funded on a first-come first-served basis.   Participation is open to businesses qualified as small businesses by size standards from the SBA.   You can determine eligibility by first determining the company’s NAICS code: http://www.census.gov/eos/www/naics/ and then the matching size standard:  www.sba.gov/sites/default/files/files/Size_Standards_Table.pdf

A complete description of the program, supported activities, and participating STEP partners who can assist with the application are on the ca.gov website at: http://business.ca.gov/International/CaliforniaSTEPProgram.aspx

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