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Minnesota State Trade and Export Promotion (STEP) Program

$8,000
Closed
Rolling Deadline
Grant Description

The Minnesota State Trade and Export Promotion (STEP) Program, overseen by the Minnesota Trade Office (MTO) within the Minnesota Department of Employment and Economic Development, invites eligible Minnesota-based small businesses to apply for funding aimed at facilitating export development activities. This initiative is designed to support businesses either embarking on exporting or looking to expand their exports from Minnesota. With a fund of approximately $200,000 available for the program year ending on June 30, 2022, the STEP program offers financial and technical assistance to qualified applicants. The grant mandates a 50% matching fund from recipients, capped at $7,500. Applications are evaluated competitively upon receipt, with a recommendation for early submission to ensure timely review, especially for activities involving travel. Rolling (applications accepted until funds are fully allocated)

Funding Details

Award Range

Not specified - $8,000

Total Program Funding

$200,000

Number of Awards

Not specified

Matching Requirement

Yes -

Eligibility

Eligible Applicants

Small businesses

Geographic Eligibility

State

Key Dates

Application Opens

July 1, 2021

Application Closes

Not specified

Contact Information

Grantor

Minnesota Department Employment and Economic Development

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Categories
Business and Commerce
Workforce Development
Education