E.g., 11/12/2019
E.g., 11/12/2019

STEP Grants: Fund Translation of Your Marketing Materials and Website

By: GALA Team, Information

The State Trade and Export Promotion Grant Program (STEP) is a 3-year pilot trade and export initiative to make matching-fund grants for states to assist “eligible small business concerns,” enter and succeed in the international marketplace. Part of growing exports of course means communicating effectively with your customers in their native language, since people don’t buy what they don’t understand. This means you can write a grant to cover the expenses of website, brochure and other translation.

Visit the US Small Business Administration's website to find details about programs within your own state.

About the Program

The program’s objectives are to increase the number of small businesses that are exporting, and to increase the value of exports for those small businesses that are currently exporting.

STEP services are managed and provided at the local level by state government organizations. The program is managed at the national level by the U.S. Small Business Administration’s Office of International Trade. At the state level, The Program has total Federal funding of $60,000,000, for use over a two-year period.

STEP was authorized by Section 1207 of the Small Business Jobs Act of 2010. Under the statute, the 50 states, District of Columbia, Commonwealth of Puerto Rico, Virgin Islands, Guam, and American Samoa, are eligible to compete for award of matching-fund grants. The ratio of Federal to state matching funds is 75% to 25%, except for high exporting states, for which the ratio of Federal to state matching funds is 65% to 35%, and territorial possessions of the Virgin Islands, Guam, and American Samoa, for which matching funds requirements are waived to a maximum of $200,000.

(Source: www.SBA.gov)

GALA Team

The Globalization and Localization Association (GALA) is a non-profit tade association supporting the language industry. As a membership organization, we support our member companies and the language sector by creating communities, championing standards, sharing knowledge, and advancing technology.