Idaho-STEP Grant Application period is now OPEN

Idaho-STEP Grant Application period is now OPEN

The State of Idaho is still awaiting the announcement of awards by the U.S. Small Business Administration for the State Trade Expansion Program (STEP) Grant for federal fiscal year 2018. However, in anticipation of this potential award, they are moving forward as planned and are NOW OPEN for applications for eligible projects occurring in the grant period; September 30, 2018 - September 29, 2020. This longer, 2-year project period is new to the program and allows companies to plan their marketing calendars further out and also allows for a longer and more accurate results reporting period.

APPLICATION DUE BY:

3:00 p.m. MDT Friday, August 24, 2018

FOR:

~ Financial Assistance Awards ~

~ Power-GEN ~

~ Avalon Airshow ~

 Three options to take advantage of STEP funds...Visit the Idaho Dept of Commerce website for complete program guidelines!

OPTION # 1 

 Financial Assistance Awards

  • Individual awards ranging between $2,000 minimum up to $10,000 maximum are available for your own eligible activity falling between September 30, 2018 and September 29, 2020
  • Only 1 award allowed per application window, multiple rounds dependent upon availability of funds.
  • 35% cash match required (For every authorized $1.00 you spend you will be reimbursed $0.65)
    • MINIMUM AWARD = $2,000
      • Allowable expenditures of $3,077, you will be reimbursed $2,000
        • $3,077 x 65% = $2,000
    • MAXIMUM AWARD = $10,000
      • Allowable expenditures of $15,385, you will be reimbursed $10,000
        • $15,385 x 65% = $10,000
  • Review and scoring process will be very competitive!
  • Eligible activities for Financial Assistance Awards include:
    • Governor's or Foreign Trade Missions
    • Foreign Market Sales Trips
    • Services provided by the U.S. Department of Commerce
    • International Trade Shows
  • Application Window is August 6, 2018 - 3:00 p.m. MDT Friday, August 24, 2018

OPTION # 2

State Led Industry Trade Shows – Application Deadlines are on a per project basis

  • Energy:  Power-GEN - Orlando, Florida - December 4-6, 2018
    • Application Window is August 6, 2018 - 3:00 p.m. MDT Friday, August 24, 2018
  • Aerospace:  Avalon Airshow - Geelong, Australia - February 26 - March 3, 2019
    • Application Window is August 6, 2018 - 3:00 p.m. MDT Friday, August 24, 2018
  • Safety & Security:  Expo Seguridad - Mexico City, Mexico - May 7-9, 2019
    • Application Window is TBD
  • Energy:  Power-GEN -  New Orleans, Louisiana - Nov. 19-21, 2019
    • Application Window is TBD
  • Safety & Security:  Milipol - Paris, France - Nov. 19-22, 2019
    • Application Window is TBD
  • Aerospace:  Singapore Air Show – Ghangi Airport, Singapore – February 11-16, 2020
    • Application Window is TBD
  • Advanced Manufacturing:  Hannover Messe - Hannover, Germany - April 1-5, 2020
    • Application Window is TBD

OPTION # 3

State Led Industry Trade Missions – Application Deadlines are on a per project basis

  • Large Equipment Trade Mission to Peru & Chile – April 7-13, 2019
    • Application Window is TBD
  • Medical Equipment Trade Mission to the UAE – August 16-24, 2019
    • Application Window is TBD

ACT NOW:

  • Send an email now to , STEP Grant Project Director:
    • New portal account set-up (only available Monday-Friday, minimum of 48 hours prior to application due date). Applications are only accepted online at Idaho Commerce's Grant Portal. If you are a returning applicant, you will use your same login information.
    • Receive an example copy of the questions you will see in the application in the online portal system which is very nice to use to prep your application from outside of the online portal system.
    • Get introduced to your industry’s International Trade Specialist at Idaho Department of Commerce or the Idaho State Department of Agriculture.  They are here to help you and can be a valuable resource during the application process including tips before you upload your submission (time permitting)
  • Subscribe to the Idaho Dept of Commerce newsletter to receive announcements via email

 REMINDER: All options are contingent upon receipt of the 2018 award from the SBA.

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