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哥伦布、匹兹堡及各地消息
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Federal funds help Ohio exporters
COLUMBUS DISTRICT & CLEVELAND DISTRICT
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SBA’s Awards $900,000 in
FY2022 STEP Funding to the State of Ohio to Expand Exporting by Ohio
Small Businesses
Nationally, $19.5 Million Awarded to Help Small Businesses Compete
in the Global Marketplace
(COLUMBUS, Ohio) – Ohio small businesses now have access to $900,000
in continued funding from the U.S. Small Business Administration’s
State Trade Expansion Program (STEP) for assistance in exporting.
Nationally, SBA has awarded $19.5 million for FY2022 to 48 state and
territory international trade agencies through the competitive STEP
program, which supports export growth among U.S. small businesses.
In Ohio, the STEP award will support the International Market Access
Grant for Exporters (IMAGE) program, which is administered by the
Ohio Department of Development.
STEP is designed to increase the number of American small businesses
selling abroad and to amplify the value of that trade. Since the
program’s creation in 2010 as part of the Small Business Jobs Act,
Ohio has received approximately $8 million in STEP awards. Ohio’s
FY2022 STEP award enables the Department of Development to assist
small businesses with information and tools needed to succeed in
export-related activities. These undertakings include participation
in foreign trade missions, foreign market sales trips, and services
provided by the U.S. Department of Commerce. In addition, the
Department of Development uses STEP funds to provide export training
workshops to the small business community and to help small
businesses design international marketing campaigns and develop
export trade show exhibits.
“STEP grants, along with SBA’s other export resources, including SBA-backed
export financing and U.S. Export Assistance Centers (USEACs), are
critical tools for helping Ohio’s small businesses enter and develop
foreign markets,” said Gil Goldberg, SBA Cleveland District
Director. “From heavy industry to high tech, Ohio-based smaller
enterprises should look beyond U.S. borders for growth
opportunities. SBA’s STEP grant, as administered by the State of
Ohio’s Department of Development, helps level the playing field for
small companies so they can compete in the global marketplace.”
“Exports by small businesses are vital to the economic health of our
state, especially as Ohio recovers from the COVID-19 crisis,” said
Everett M. Woodel Jr., SBA Columbus District Director. “SBA’s Office
of Advocacy’s most recent profile of Ohio notes that small firms
exported goods worth $10.8 billion in 2019, making up 22.1% of all
exports from our state. The State of Ohio’s IMAGE program, supported
by SBA’s STEP grant, is crucial to ensuring small business exports
will help Ohio’s economy to grow and flourish.”
“We’re excited to again partner with the SBA to help Ohio small
businesses launch export programs or build on existing ones,” said
Lydia L. Mihalik, Director of the Ohio Department of Development.
“Exporting is a great way for businesses to expand their reach and
sustain their success, and we also know that Ohio is known around
the world for excellent products and workmanship.”
The State of Ohio’s International Market Access Grant for Exporters
(IMAGE) program provides grant funds to eligible businesses to
engage in eligible export promotion activities. Companies can access
up to $10,000 in 2022 grant year funds on a 50% reimbursement basis.
For details about the IMAGE program and to apply for grant funds,
visit the Ohio Department of Development’s IMAGE webpage.
Individual STEP awards are managed at the local level by state
government organizations. SBA’s Office of International Trade
administers the STEP awards at the national level and its guide to
exporting offers more information on STEP and other small business
resources for international trade.
###
About the U.S. Small Business Administration
The U.S. Small Business Administration makes the American dream of
business ownership a reality. As the only go-to resource and voice
for small businesses backed by the strength of the federal
government, the SBA empowers entrepreneurs and small business owners
with the resources and support they need to start, grow or expand
their businesses, or recover from a declared disaster. It delivers
services through an extensive network of SBA field offices and
partnerships with public and private organizations. To learn more,
visit www.sba.gov.
About the Ohio Department of Development
The Ohio Department of Development leads state economic development
through programs and services that assist businesses, communities,
and individuals. The agency oversees the awarding of state and
federal incentives, manages projects and programs that receive state
and federal funding, as well as marketing the State of Ohio through
the Governor’s Office of Appalachia and TourismOhio. To learn more,
visit https://development.ohio.gov |
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