Massachusetts State Trade and Export Promotion (STEP) grant program
MOITI to provide grants to small businesses through the State Trade and Export Promotion (STEP) grant program for the purpose of increasing exports
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 during the following two application periods:
(1) March 1 – April 2, 2012
(2) April 16 – May 15, 2012
Applicants not accepted in the first application period may reapply in the second period.
To apply for the STEP program, companies or firms must meet the U.S. Small Business Administration definition of small business.
· Application - Click here or see attached
· SBA’s definition of a small business
Please contact Naomi Grossman at 617-830-5404 or STEP@MOITI.org with any questions.