MITC awarded $345K in federal funds to help small businesses expand globally

The Maine International Trade Center has been awarded $345,000 in competitive federal funding to help the state’s small businesses become bigger exporters.

The award from the U.S. Small Business Administration’s State Trade Expansion Program, announced in a news release Wednesday, will provide grants for Maine businesses to participate in international trade shows or to use business “matchmaking” services in identifying foreign trade partners. Businesses can also use the grants to develop exporting skills or hire global marketing consultants.

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