State Trade Expansion Program (STEP)
The summary for the State Trade Expansion Program (STEP) grant is detailed below.
This summary states who is eligible for the grant, how much grant money will be awarded, current and past deadlines, Catalog of Federal Domestic Assistance (CFDA) numbers, and a sampling of similar government grants.
Verify the accuracy of the data FederalGrants.com provides by visiting the webpage noted in the Link to Full Announcement section or by contacting the appropriate person listed as the Grant Announcement Contact.
If any section is incomplete, please visit the website for the Small Business Administration, which is the U.S. government agency offering this grant.
State Trade Expansion Program (STEP): The Federal share of project cost for states that have high export volumes will be 65% and State matching funds required will be 35% of the sum of the Federal award. High export volume was determined based upon U.S. Census Bureau export data by state. This means that for every $1 of Federal funds proposed, these Recipients must provide $.53846 in match. For purposes of this Funding Opportunity Announcement, the high export volume States are: Texas, California and Washington. The Federal share of project cost for States that do not have high export volume will be 75% and State matching funds required will be 25% of the sum of the Federal award and Recipient match amount. This means that for every $1 of Federal funds proposed, these Recipients must provide $.333333 in match. If an insular area non-Federal entity is an agency or instrumentality of the area's government, pursuant to 48 U.S.C. § 1469a, SBA will waive up to $200,000 of the matching funds required if a STEP award is made to American Samoa, Guam, the U.S. Virgin Islands, or the Commonwealth of Northern Mariana Islands. If the insular area non-Federal entity is not an agency or instrumentality of the area's government, the full matching funds requirement applies. Matching funds must be comprised of not less than 50% cash and not more than 50% of indirect and in-kind contributions. Matching funds may not be derived from any Federal program. Non-Federal entity personnel salary and fringe proposed as match will be counted as cash. Non-Federal entities may not use program income for the purpose of meeting their match.
Federal Grant Title: | State Trade Expansion Program (STEP) |
Federal Agency Name: | Small Business Administration (SBA) |
Grant Categories: | Business and Commerce |
Type of Opportunity: | Discretionary |
Funding Opportunity Number: | OIT-STEP-2018-01 |
Type of Funding: | Grant |
CFDA Numbers: | 59.061 |
CFDA Descriptions: | Information not provided |
Current Application Deadline: | May 2nd, 2018 |
Original Application Deadline: | May 2nd, 2018 |
Posted Date: | March 30th, 2018 |
Creation Date: | March 30th, 2018 |
Archive Date: | June 1st, 2018 |
Total Program Funding: | $18,000,000 |
Maximum Federal Grant Award: | $900,000 |
Minimum Federal Grant Award: | $100,000 |
Expected Number of Awards: | 40 |
Cost Sharing or Matching: | Yes |
Last Updated: | March 30th, 2018 |
- Applicants Eligible for this Grant
- State governments
- Grant Announcement Contact
- Teresa Clouser
Grants Management Officer
Phone 202-205-7371
[email protected] - Similar Government Grants
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