I am proud to report that the U.S. Small Business Administration has announced the second round of The State Trade and Export Promotion (STEP) grants-in a second round of funding to support efforts to increase small business exports. The STEP initiative further promotes President Obama's goal of doubling our nation's exports; a goal which complements the Gulf Coast region and our ports along the Mississippi River.
Louisiana will be receiving $796,000 in STEP grant funding.
The STEP initiative, launched last year under the Small Business Jobs Act, is aimed at achieving two goals:
1) increasing the number of small businesses that want to export and
2) increasing the value of exports for those small businesses that currently export.
The STEP program enables Louisiana to conduct 10 regional international business and export-focused workshops designed to educate 125 companies on the benefits, opportunities, and "ABC's" of exporting, as well as country-specific seminars designed to educate 80 companies on the export climate and business strategies.
Louisiana Economic Development (LED) plans to lead 35-40 companies on international trade missions/trade shows and to match 100 companies to either an incoming reverse trade mission or trade show export leads. To learn more about these opportunities please contact:
Louisiana Department of Economic Development
1051 North Third Street
Baton Rouge, LA 70802
Mr.William Fousch, Authorized Representative
225 342-6443 (office)
Ms. Kristy Blankenship, Undersecretary
I am excited to see resources brought home to the hard working small businesses in the great state of Louisiana!
For more information,visit http://www.sba.gov/step.
Congressman Cedric Richmond
2nd Congressional District of Louisiana