OVERVIEW

Funded in part through a grant with the U.S. Small Business Administration, the World Trade Center Utah State Trade Expansion Program (STEP) seeks to help Utah businesses enter and expand into dynamic global markets. This initiative aims to increase the number of small businesses exporting in Utah, increase revenues and sales of Utah-made goods and services and increase Utah’s GDP through international trade.

The STEP grant provides awards to eligible small business located in Utah to help offset the cost of eligible expenses associated with export development activities. Awards are competitive and will be based upon availability of funds.

The Utah STEP Grant is a cost reimbursement grant. Recipients may receive up to $15,000 for various eligible international business activities. All grant awards require 25 percent cash match by the grant recipient.

Some activities adhere to additional guidelines and parameters. See details below.

APPLICATION PERIOD

WTC Utah will accept STEP Grant applications for the federal FY2018 from October 9-31, 2017.

The application window is now open. 


TYPES OF GRANT FUNDING

State-Led Trade Missions

Companies may receive STEP matching grants up to $6,000 (requires a 25 percent match) for official State of Utah trade missions coordinated by WTC Utah in partnership with the Governor’s Office of Economic Development.

 

Eligible trade missions for the 2017-2018 STEP grant year include the following:

  • Mexico: April 2018
  • United Kingdom: July 2018
    • Note: this trade mission will be held in conjunction with the Farnborough International Air Show July 16-22, 2018.  
  • Taiwan: September 2018

Please note that final dates to be determined in the coming weeks.

State Led-Trade Shows

Companies may receive trade show matching grants awards up to $4,000 (25% match required) for participation in trade shows in designated by WTC Utah and the Governor’s Office of Economic Development.

Companies that submit competitive applications will be selected to exhibit at the Utah booth. WTC Utah will coordinate space rental, booth design and set up at select international trade shows in 2018.  Companies may use their awarded grant dollars to pay for the for certain allowable costs including airfare, lodging, product shipment and other eligible costs.

2018 trade shows include:

  • Arab Health 2018
    • Dubai, UAE
    • January 29-February 1, 2018
    • Focus: Medical devices, health software and IT, etc
  • JEC World 2018
    • Paris, France
    • March 6-8, 2018
    • Focus: Composites
  • OutDoor Show 2018
    • Friedrichshafen, Germany
    • June 17-20, 2018
    • Focus: Outdoor products and recreation
  • Farnborough International Airshow
    • Farnborough, England
    • July 16-20, 2018
    • Focus: aerospace
    • Note: This will be a joint trade show/trade mission coordinated by WTC Utah. 
Independent Trade Events

Companies may apply for up to $15,000 (25% cash match by the recipient) for independent trade shows as well as independent trade missions and associated activities.

To find independent trade show events visit https://www.export.gov/trade_events_search#/.

Other Activities

In addition to applying for funds for trade shows and trade missions, companies may receive up to $15,000 (25% cash match by the recipient) for a variety of pre-approved eligible expenses related to international business expansion. These include, but are not necessarily limited to, U.S. Commercial Services Services, select market research activities, international marketing campaigns, etc.

Please note the additional maximum award amounts:

  • Education activities
    • Up to $750 ($1,000 allowable expenses) and a 25% cash match by the recipient up to $250.
  • Website upgrades for international needs
    • Up to $2,250 ($3,000 allowable expenses) and a 25% cash match by the recipient up to $750

 For a full list of approved eligible expenses, please visit the Eligible Expenses page by clicking here.

For a list of activities and services offered through U.S. Commercial Services designed to help companies go global visit U.S. Commercial Service’s website at www.export.gov/Promote-and-Expand.

APPLY NOW

2018 Trade Missions and Trade Shows

Jan. 29-Feb. 2, 2018: Arab Health 2018 Trade Show
March 6-8, 2018: JEC Composites World 2018 Trade Show
April 2018: Mexico Trade Mission
June 17-20, 2018: OutDoor Show 2018 Trade Show
July 16-20, 2018: Farnborough International Airshow and UK Trade Mission
September 2018: Taiwan Trade Mission