STEP: Grants to states to help small businesses start and grow exports
The State Trade Expansion Program (STEP) provides SBA-funded grants to U.S. states to run projects that help eligible small businesses develop exports. The goal is to increase the number of small business exporters, the value of their exports, and participation in new trade opportunities.
The Trade Facilitation and Trade Enforcement Act of 2015 (HR 644), signed into law on February 24, 2016, made the State Trade Expansion Program a permanent provision of the Small Business Act to make grants to States, and the equivalent thereof, to carry out projects that support developing expo…
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