GO-BIZ AND COMMUNITY COLLEGES ANNOUNCE $844,000 FEDERAL GRANT FOR TRADE AND EXPORT INITIATIVE
Friday, October 14, 2016
The Governor’s Office of Business and Economic Development (GO-Biz) and the California Community College Chancellor’s Office (CCCCO) today announced that California received an $844,214 grant from the federal government to help small businesses boost trade and exports abroad. GO-Biz and the CCCCO will use the funds to help small businesses participate in activities like foreign trade missions and access foreign markets through trade promotion initiatives.
“The success of last year’s program demonstrates the effectiveness of the STEP grants in helping more small business become international exporters. We look forward to further expanding this program to bring even more California business into the global economy.” said GO-Biz Director Panorea Avdis.
The grant is part of the US Small Business Administration (SBA) State Trade Expansion Program (STEP) which awarded grants to 44 states and territories to support activities to increase exports by US small businesses. Administrator Maria Contreras-Sweet, the head of the U.S. Small Business Administration (SBA) and member of President Obama’s Cabinet, announced the grant award this week in Washington D.C.
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