Good news for small businesses. While other government programs wrap up,
the U.S. Small Business Administration’s Office of International Trade has expanded their STEP grant program to include ExIm Credit Insurance premiums as eligible expenses.
Since 2011, STEP grants have helped thousands of small businesses overcome obstacles to exporting by providing grant funds to cover costs associated with entering and expanding into international markets. Eligible costs include training workshops, trade missions, international marketing campaigns, and now, ExIm Credit Insurance premiums.
To view a complete list of the U.S. state grant administrators and obtain more information, click here.
Individual state requirements may apply to EXIM premium reimbursements including the maximum allowable reimbursement. State eligibility is subject to change. Please contact your U.S. state or territory grant administrator for official information.