STATE TRADE EXPANSION PROGRAM (STEP)
ID: 359715Type: Posted
Overview

Buyer

Small Business Administration (SBA)

Award Range

$100K - $900K

Eligible Applicants

State Governments

Funding Category

Community Development

Funding Instrument

Grant

Opportunity Category

Discretionary

Cost Sharing or Matching Requirement

Yes

Original Source

https://grants.gov/search-results-detail/359715

Additional Information

https://www.grantsolutions.gov/gs/preaward/previewPublicAnnouncement.do?id=117076
Timeline
    Description

    The Small Business Administration (SBA) is offering the State Trade Expansion Program (STEP), a federal grant aimed at enhancing exports by eligible small business concerns (ESBCs). This program seeks proposals from state governments to implement projects that will increase the number of U.S. small businesses that export, boost the dollar value of exports, and explore new trade opportunities. With a total funding amount of $20 million available for FY2025, grants will range from $100,000 to $900,000, and the application period is open from June 16, 2025, to July 31, 2025. Interested applicants can reach out to the Grants.gov Customer Support at support@grants.gov or call 1-800-518-4726 for assistance.

    Point(s) of Contact
    support@grants.gov
    Files
    Title
    Posted
    OED.pdf
    The U.S. Small Business Administration (SBA) is inviting proposals for the State Trade Expansion Program (STEP) aimed at enhancing exports by eligible small business concerns (ESBCs) through federal funding. The funding opportunity opens on June 16, 2025, and closes on July 31, 2025. Grants ranging from $100,000 to $900,000 are available, with a total of $20 million earmarked for FY2025. Eligible recipients include designated state agencies or entities that meet specific criteria. The proposals must demonstrate a focus on increasing the number of ESBCs that export, enhancing export dollar values, and opening new trade opportunities. Detailed applications, requiring specific documentation and budget narratives, must adhere to outlined requirements to ensure direct benefits to ESBCs. Collaboration with federal, state, and local entities is encouraged, fostering a robust support network for export activities. Successful applications will be evaluated based on technical proposal quality, past performance, and the proposal's capacity to meet performance measures. Compliance with federal regulations and reporting on program outcomes is essential, ensuring accountability and effective use of granted funds.
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