- Executive Office of Housing and Economic Development
- Massachusetts Office of International Trade and Investment
Media Contact for Baker-Polito Administration Awards Grants to Over 40 Massachusetts Small Businesses to Catalyze Export Activity
Ryan Boehm, Deputy Director of Communication
BOSTON — Today, the Baker-Polito Administration through the Massachusetts Office of International Trade and Investment (MOITI) and Massachusetts Small Business Development Center/ Massachusetts Export Center announced that 42 small businesses across the Commonwealth are receiving State Trade Expansion Program (STEP) grants. Funded in part through a cooperative agreement with the U.S. Small Business Administration (SBA), the STEP grants support export activities such as trade show participation, overseas marketing and localization services, and subscription services from the U.S. Department of Commerce.
“The Baker-Polito Administration remains committed to supporting the Massachusetts small businesses that create globally-desirable products, and keep our economy moving and our downtowns vibrant,” said Housing and Economic Development Secretary Mike Kennealy. “The STEP Grant program is among the many tools and resources that enhance business competitiveness here in the Commonwealth, specifically through access to high-impact capital and entry into new markets.”
“The SBA is proud to partner with local STEP grant winners to provide resources for empowering small businesses expanding internationally,” said Bob Nelson, SBA MA District Director. “These STEP awards fund opportunities to increase their customer base around the world and our goal at the SBA district office is to support them through every step of the way with education, access to capital and assistance.”
“The STEP grant enables Massachusetts businesses to engage in targeted, high-impact activities to increase export sales. We look forward to working with this year’s awardees to ensure that they succeed in global markets.” said Paula Murphy, Director of the Massachusetts Export Center.
MOITI and the Massachusetts Export Center selected applications in a competitive process based on feasibility and export readiness, with priority given to new-to-export firms looking to expand into the global marketplace. Grantees are encouraged to utilize the market research and export assistance services provided through the Export Center to ensure the highest return on investment.
The SBA awarded $500,000 to Massachusetts for the STEP program in September 2019. The Commonwealth has contributed $166,667 in matching funds. Grant recipients are required to leverage private money together with the grant funds to ensure that taxpayer money is spent efficiently and effectively.
For more information on the STEP program and services provided by the Export Center visit www.mass.gov/export/step