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OpenState programOpen to for-profit businesses

State Trade Expansion Program (STEP)

Vermont Department of Economic Development (Agency of Commerce and Community Development)No deadline listedUp to $30,000

Summary

Vermont small business exporters can be reimbursed up to 75% of pre-approved export costs (trade missions, trade shows, market research), up to $30,000 per year; 25% cash match; subject to available funds.

About this grant

SBA-funded reimbursement program helping eligible Vermont small business exporters enter or expand in foreign markets through activities such as trade missions, trade shows and market research. It reimburses up to 75 percent of pre-approved, allowable export-related expenses, up to $30,000 per year for up to four eligible expenses, with a 25 percent cash match. Each activity needs a pre-approved application; reimbursement depends on availability of funds, and the page does not state an application window.

Who can apply

  • Small businesses
  • For-profit companies

Be registered with the Vermont Secretary of State and have a physical operation and employees in Vermont

Product must be made in the USA, and there is a 51% U.S. content requirement

Meet SBA small business size standards

Have operated for at least one year

Have a strategic export plan in effect

Topics and uses of funds

Topics

  • Export
  • International trade

Money can be used for

  • Export
  • Trade shows
  • Market research

Program contact

Open opportunities funding similar work, from the same funder or in the same place.