VT Receives $286,000 Business Exporting Grant

The State of Vermont received a $286,439 grant to assist small businesses reach international markets. The grant is awarded through the Small Business Administration's State Trade Expansion Program (STEP), a Federal-State partnership initiative, intended to increase the number of small businesses exporting and the value of exports by the small business sector. The Department of Economic Development, a division of the Vermont Agency of Commerce & Community Development, will oversee and manage the grant. The funds are used to participate in foreign trade missions, export training and compliance, as well as company website upgrades to meet the international market. For more info, click here.