STEP Grants
This program provides financial assistance to small businesses in Louisiana to help them expand their international sales and export activities through reimbursements for various related expenses.
Description
The State Trade Expansion Program (STEP) Grant aims to aid Louisiana's small businesses in increasing export revenue and preserving or generating employment through international sales. Qualified small businesses can receive reimbursement for costs linked to participating in both virtual and physical trade exhibitions, missions, and export training workshops. Eligible expenses also cover shipping sample products, compliance testing, U.S. Commercial Service's fee services, international website development, and marketing media design, among other approved activities. The grant provides a 90% reimbursement rate for eligible costs, capping the benefit at $10,000 per company.