Small Business Trade and Export Assistance Funds Available

Applications are now available to assist small businesses with funding for export promotion and training through the State Trade Export Promotion Grant (STEP) program administered by the U.S. Small Business Administration. The Oklahoma Department of Commerce has been awarded $326,800 in STEP grant funding which will be used to provide training opportunities, research & market entry reports, and reimburse participant companies for approved activities associated with attending trade events, trade missions, website translation and international marketing initiatives for companies across Oklahoma. Commerce anticipates that by using the newly awarded grant funds to support various trade and export training and activities, Oklahoma could see a more than $31 million increase in exporting, benefiting small businesses in our state and expanding Oklahoma’s economy.

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