FY 2024 state trade expansion program (STEP) award guam economic development authority

Ended Formula Grant Awarded Last action

Award ID
SBAHQ24IT0010
Recipient
Awarding agency
Obligated
$150,000

Award facts

Assistance listing
59.061 State Trade Expansion
Completion date
Funding agency
Office of International Trade Small Business Administration
Place of performance
Guam

Award details come from USAspending.gov.

About this award

The U.S. Small Business Administration's (SBA) Office of International Trade awarded a $150,000 State Trade Expansion Program (STEP) formula grant to the Guam Economic Development Authority (GEDA) for FY 2024. The STEP program provides funding to state governments and territories to increase the number of small businesses exporting and the value of their exports.

Under this 2-year grant, GEDA will use the funds to deliver various export promotion services to eligible small businesses in Guam, including export training, trade missions, international marketing assistance, trade show participation, market research, and technical export support. These services aim to help Guam's small businesses expand their export capabilities and enter new international markets. The grant period runs from September 30, 2024 to September 29, 2026.

Quick answers

Who received award SBAHQ24IT0010?

SBAHQ24IT0010 was awarded to Guam Economic Development Authority by Office of the Chief Operating Officer (Small Business Administration) on September 30, 2024.

How much is award SBAHQ24IT0010 worth?

$150,000 has been obligated on SBAHQ24IT0010.

Which agency awarded SBAHQ24IT0010?

Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ24IT0010, with funding from Office of International Trade (Small Business Administration).

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