The State Trade Expansion Program (STEP) Grant offers eligible Delaware businesses assistance to help launch or expand export activity. Grant funds can be used to reimburse Delaware businesses for up to 50 percent of all pre-approved, eligible, export marketing expenses, up to a maximum of $5,000 per fiscal year, per company. Delaware companies can receive funding for a maximum of three times, per country market, in a five-year period. For more information, contact the Global Delaware Export Team.
Please note that the STEP Grant is only available to companies with a physical operation and employees in Delaware.
Parking (at the airport in the U.S. and in the foreign country)
Currency Exchange Fees
Ground transportation in country
Shipping fees for international marketing products (up to 25 percent of award, and up to $3,000)
Trade show registration fees
Trade show booth space
Trade mission fees (except State of Delaware participation fees)
Gold keys (Department of Commerce subscription to services)
Training with international focus for clients
Stipends for website translations into foreign languages (up to $3,000)
Meeting space audio/visual (must be pre-approved)
Compliance, for example, CE Mark (must be pre-approved, up to $2,000)
STEP Grant Unallowable Expenses:
Travel by elected officials
Entertaining current or prospective clients
Marketing and advertising campaigns to draw international visitors to a State
Meals, lodging per diem for local travel
Matching contributions to any other Federal awards
Funded in part through a Cooperative Agreement with the U.S. Small Business Administration.
Additional Funding For Export Activities
Additional capital resources are available from the federal government and other organizations for export activities. Options range from tax credits to low interest loans, and other financing plans. Search here to find the right option for your business.
Name of Incentive: International Trade Loan Program
Issuing Organization: SBA
Details: Loans available to small businesses in a position to expand existing export markets or develop new export markets, or that have been adversely affected by import competition and can demonstrate that the loan proceeds will improve their competitive position.