Grant Funds Available Now in Louisiana for Export Promotion
The STEP (State Trade Expansion Program) Grant is designed to help Louisiana small businesses generate new export revenue and create or retain jobs resulting from sales to foreign markets. Under this program, eligible small businesses can be reimbursed for expenses associated with participation in virtual and in-person trade shows, trade missions and export training workshops, as well as other eligible expenses including shipping sample products, compliance testing, fee services offered by the U.S. Commercial Service, internationally-focused website development and design of marketing media, and other activities and expenses as determined by SBA.
The program offers a 90% reimbursement rate on eligible expenses, with a maximum benefit per company of $10,000.
