$500,000 in SBA Grants Available to Small Utah Companies Ready to Pursue Global Opportunities

September 19, 2023

SALT LAKE CITY, UT (September 19, 2023) — Utah has received $500,000 to support export growth among small businesses thanks to the U.S. Small Business Administration’s (SBA) competitive State Trade Expansion Program (STEP). The grant aims to enhance global success for Utah companies and is administered by World Trade Center Utah (WTC Utah) in partnership with the Governor’s Office of Economic Opportunity (GOEO).

Utah’s small businesses engaged internationally or planning for global expansion are encouraged to apply for the SBA STEP Grant. The funds can be utilized in a variety of ways, including financing international business trips; developing international marketing materials; using services provided by the U.S. Department of Commerce; optimizing, localizing, and translating marketing for global audiences; covering travel expenses for foreign-market sales trips; and participating in trade missions and shows as well as export training programs designed to support international growth.