South Carolina's already active export sector got a boost recently with a $350,000 grant through the U.S. Small Business Administration's (SBA) State Trade and Export Promotion (STEP) program.
In 2014, a $250,000 grant from the South Carolina Department of Commerce's STEP program funded trade missions to Canada and India as well as travel to, and participation in, international trade shows. The grant also paid for improvements such as translations programs for the department's website, seminars and training for its employees and marketing materials for the department.
The department has enhanced export efforts through its South Carolina Opportunities for Promoting Exports (SCOPE) initiative. This program, launched in 2014, assists Palmetto State businesses that have 500 or fewer employees with expanding into new markets and boosting export pursuits.
Between STEP and SCOPE, it is estimated that $7 million in export sales have been completed over the last five years.
Applications for businesses interested in joining STEP or SCOPE are available from Oct. 1 to Sept. 30 each fiscal year.
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