(HELENA) – The Montana Department of Commerce announced last week that $781,000 of federal grant funding is available to help small Montana businesses accelerate and grow international sales. The U.S. Small Business Administration funding is administered through Commerce’s State Trade Expansion Program.
The STEP grant, through Commerce’s Export Montana Program, will be used to support foreign trade missions, Montana pavilions at international trade shows and other international marketing projects.
Eligible Montana exporters can apply for 50% reimbursement — up to $10,000 — for eligible marketing activities such as trade show exhibition, market research and U.S. commercial service programs and foreign language translation. Eligible applicants may receive up to $30,000 in STEP awards per year.
