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Massachusetts STEP Grant Program is now open!
September 29, 2022
Details
The Massachusetts Office of International Trade and Investment (“MOITI”), in collaboration with the Massachusetts Small Business Development Center Network (“MSBDC”) and the Massachusetts Export Center, is pleased to announce the Massachusetts State Trade Expansion Program (“STEP”). MOITI, through a grant from the U.S. Small Business Administration (“SBA”), will provide grants to eligible, approved Massachusetts small businesses for the purpose of increasing export sales of their goods and services.
The application period for the Massachusetts STEP Grant Program is now open!
The STEP program is intended to help offset international business development and related costs for small businesses. Eligible businesses may apply for grants ranging from a minimum of $6,000 to a maximum of $15,000 per business to reimburse for costs associated with pre-approved projects, activities or services undertaken during the period October 1, 2022 to March 31, 2024. Each grant recipient will be required to provide a match to cover at least a portion of the total approved cost for any project, activity or service (the “Match”). New-to-export firms have a minimum of 10% match requirement and all other firms have a minimum of 20% match requirement.
The STEP Grant application deadline is Wednesday, September 30 at 5:00 p.m.
There is no advantage for early applicants. We encourage you to participate on the September 22nd webinar and compile a thoughtful, strategic application for the greatest chance of approval.
Click here to contact the Massachusetts Export Center with questions.
