Minnesota State Trade and Export Promotion (STEP) Program
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)
Award Range
Not specified - $8,000
Total Program Funding
$200,000
Number of Awards
Not specified
Matching Requirement
Yes -
Eligible Applicants
Geographic Eligibility
State
Application Opens
July 1, 2021
Application Closes
Not specified
Grantor
Minnesota Department Employment and Economic Development
Phone
651-259-7485Subscribe to view contact details