FY 2024 state trade expansion program (step) award - virginia economic development partnership
Ended Project Grant Awarded Last action
- Award ID
- SBAHQ24IT0041
- Recipient
-
Virginia Economic Development Partnership UEI G5EBME9JCW15
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $900,000
Award facts
- Assistance listing
- 59.061 State Trade Expansion
- Completion date
- Funding agency
- Office of International Trade Small Business Administration
- Place of performance
- Richmond, VA, USA
Award details come from USAspending.gov.
About this award
The U.S. Small Business Administration's Office of International Trade awarded a $900,000 Project Grant under the State Trade Expansion Program (STEP) CFDA 59.061 to the Virginia Economic Development Partnership (VEDP) on September 30, 2024. The two-year grant, with an ultimate completion date of September 29, 2026, will enable VEDP to provide a range of export promotion services to help eligible small businesses in Virginia enter international markets, expand their export capabilities, and increase the dollar value of their exports.
Key services to be delivered through the STEP grant funding include export training, international trade missions, foreign trade show assistance, market entry support, translation services, and development of international marketing campaigns. The grant will also support VEDP's efforts to collaborate with the Virginia Department of Workforce Development and Advancement to create public-facing program dashboards and scorecards. The overarching goal is to increase the number of small businesses engaged in exporting and provide technical assistance to help them navigate international markets and economic challenges.
Quick answers
Who received award SBAHQ24IT0041?
SBAHQ24IT0041 was awarded to Virginia Economic Development Partnership by Office of the Chief Operating Officer (Small Business Administration) on September 30, 2024.
How much is award SBAHQ24IT0041 worth?
$900,000 has been obligated on SBAHQ24IT0041.
Which agency awarded SBAHQ24IT0041?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ24IT0041, with funding from Office of International Trade (Small Business Administration).
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