Project Grant SBAHQ24IT0030

Award Date 9/30/24
Completion Date 9/29/26
Dollars Obligated $900K
Funding Federal Agency
Office of International Trade
Federal Grant Program
59.061
Assistance Type
Project Grant
Place of Performance
Albany, NY, USA
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The Department of Economic Development (NYDED) in New York was awarded a $900,000 Project Grant under the U.S. Small Business Administration's (SBA) State Trade Expansion Program (STEP) with a performance period from September 30, 2024 to September 29, 2026. The STEP program provides funding to state governments to develop and implement export promotion services that help eligible small businesses enter international markets, expand their export capabilities, and increase the overall dollar value of their exports.

Through this grant, NYDED will deliver various export-related services to small businesses in New York, including export training, trade missions, international marketing assistance, trade show participation, market research, and technical export support. The grant may also support sub-awards to partners like NextCorps Inc., the University of Tennessee, and Empire State Development to expand the delivery of these program activities across the state.

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