Louisiana for-profit small businesses (1+ year in business, new to export or entering new markets) can be reimbursed 90% of eligible export costs such as trade shows, trade missions, training and international marketing, up to $10,000.
The Louisiana STEP Grant helps Louisiana small businesses generate new export revenue by reimbursing expenses for virtual and in-person trade shows, trade missions and export training workshops, along with U.S. Department of Commerce fee services, travel, marketing materials, international e-commerce fees, compliance testing and export credit insurance. The program offers a 90% reimbursement rate on eligible expenses, with a maximum benefit of $10,000 per company. Applications are filed through LED FastLane and should be submitted before undertaking the planned expense; the page lists no deadline.
Meet the SBA definition of a small business
Have been in business for at least one year
Be a for-profit business based in Louisiana
Be new to export or seeking new export markets
Have at least 51% U.S. content in the product or service and be operating profitably
Not be debarred from doing business with the Federal Government
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Money can be used for
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