Idaho’s State Trade Expansion Program (STEP) Grant


Source: Idaho Commerce

IDAHO’S STATE TRADE EXPANSION PROGRAM (STEP) GRANT

STEP Year 2016-2017

APPLICATION PERIOD IS OPEN!

The State of Idaho is still awaiting the announcement of awards by the U.S. Small Business Administration for the State Trade Expansion Program (STEP) Grant for federal fiscal year 2016. However, in anticipation of the potential award, we are moving forward as planned and are now open for applications for eligible projects occurring in the grant period: September 30, 2016 – September 29, 2017.

All Financial Assistance Award applications (Option #1) are due by 5:00 p.m. MDT on Thursday, September 15, 2016. This is to be the only application period for this option.

Visit our website for complete program guidelines.

All awards are contingent upon receipt of the 2016 award from the SBA.

Applications are accepted online at Idaho Commerce’s Grant Portal. To register for your online portal account and apply, contact STEP Grant Program Manager, Tina Salisbury at (208) 287-3164 or by email at tina.salisbury@commerce.idaho.gov.

*Please note that log-in set ups are available Mondays-Fridays only, and we require a minimum of 48 hours prior to application due date.

“Funded in part through a Cooperative Agreement with the U.S. Small Business Administration”
There are two options to take advantage of STEP funds:

Option #1
Financial Assistance Award

Awards range from $3,000 minimum up to $15,000 maximum and a 35% cash match is required.

Maximum of 40 awards available; review and scoring process will be very competitive.

Eligible activities for Financial Assistance Awards include:

  • Governor’s or Foreign Trade Mission
  • Foreign Market Sales Trips
  • Services provided by the U.S. Department of Commerce
  • Website translation to a foreign language, search engine optimization, localization services
  • Trade Shows – International or Domestic (supported/selected for the U.S. Department of Commerce International Buyer Program)

Option #2
Industry/Shows

Application Deadlines to be announced on a per project basis.

Outdoor Recreation:
ISPO Munich
Munich, Germany
February 5-8, 2017

Arms and Ammunition:
IWA Outdoor Classics
Nuremburg, Germany
March 3-6, 2017

Technology:
CeBIT
Hannover, Germany
March 20-24, 2017

Pet Products:
Zoomark
Bologna, Italy
May 11-14, 2017

Aerospace:
Paris Air Show
Paris, France
June 19-25, 2017

Director Led Trade Mission (Tentative):
Mongolia
Spring 2017

Invitation:
International Pricing Seminar

International Pricing Seminar
Thursday, September 22
10:00 a.m. to 4:00 p.m.

Get ahead of the competition!

Learn how to analyze pricing fees when exporting products to effectively grow your business. International fees and expenses can create obstacles for small businesses to integrate into global markets. New and even experienced companies sometimes struggle to identify costs associated with exporting products.

Join the Idaho District Export Council (IDEC) at the International Pricing Seminar to learn how to expand your business abroad! Learn about the costs of international trade and how you can effectively maintain your profit margin.

The Seminar will focus on pricing factors including:

  • International Transportation
  • Financing
  • Value Added Taxes
  • Foreign Exchange
  • Payment Methods

Cost: $35 (includes box lunch)
Location: 800 W. Main Street 17th floor, Boise ID, 83702

Click here to register.

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