Over the years, MITC has been able to offer financial support to Maine companies working internationally. Generally, these funds may be used for business-to-business matchmaking, interpreters or translators, trade show space, or other on-the-ground overseas activities. Such funding has been available through the US Small Business Administration, FoodExport USA, the Softwood Export Council, and the Maine Manufacturing Extension Partnership.
STEP Financial Assistance Award
The U.S. Small Business Administration’s State Trade Expansion Program (STEP) grant initiative provides funding to states and U.S. territories to increase the number of businesses that export.
Administered by Maine International Trade Center (MITC), the objective of the STEP Financial Assistance Award is to encourage Maine companies seeking new international sales through financial support for: International Business Development, Advanced Export Skills Development, and Foreign Marketing Support.
Eligible businesses may receive reimbursements totaling up to $10,500 per year through this program for costs associated with these activities.
For information on eligibility, please review the STEP 2017-2018 Guidelines before submitting your STEP Financial Assistance Award application.
A specific activity, dates, and budget are required as part of the application. Applications must be received by September 14, 2018. Funded activities must be completed before September 28, 2018.
NOTE: Applications for the current grant year are closed and all funds have been allocated. Check back in September 2018 for information about next year.
For more information or questions, contact us.