State Trade Expansion Program (STEP)
Forecasted
STEP, from the North Carolina Department of Commerce, helps small businesses expand internationally by funding export activities and supporting diverse and rural companies.
Funder: North Carolina Department of Commerce
Due Dates (Anticipated): January 2027 (projected)
Funding Amounts: Funding varies by cycle; awards typically support eligible export-related activities for NC small businesses.
Summary: STEP helps North Carolina small businesses grow internationally by providing resources to increase exports and access new global markets.
Key Information: Special consideration for women-, minority-, veteran-owned, and rural businesses.
Description
The State Trade Expansion Program (STEP), part of the N.C. Passport to Export initiative, is designed to help North Carolina small businesses expand globally. Administered by the North Carolina Department of Commerce and partially funded by the U.S. Small Business Administration, STEP provides financial assistance and resources to support export activities. The program aims to increase the number of small businesses exporting, boost the value of exports, and diversify the markets reached by North Carolina companies. Special emphasis is placed on supporting women-, minority-, and veteran-owned businesses, as well as those in rural areas.
