Commerce Agency receives $300K to assist VT small businesses export

Vermont District Office  - Sept. 18, 2019

u s small business administration
SBIR Road Tour

SBIR Road Tour Comes to VT

BURLINGTON, Vt. – Brittany Sickler, SBA Office of Investment and Innovation Policy Analyst, moderates a panel Sept. 16 during the SBIR Road Tour Monday at the University of Vermont. The SBIR Road Tour is a national outreach effort connecting entrepreneurs working on advanced technologies with Small Business Innovation Research and Small Business Technology Transfer programs, the country’s largest source of early stage funding.  The SBIR and STTR programs provide more than $3 billion annually to small businesses in a variety of technology areas.  About 150 entrepreneurs, innovators and researchers attended the event. (photo by Danny Monahan)

Commerce Agency Receives $300K to Assist VT Small Businesses Export

MONTPELIER, Vt. -- The Vermont Agency of Commerce and Community Development is being awarded a grant to assist Vermont small businesses export goods and services. 

The Small Business Administration announced Friday that it is providing Vermont a $300,000 grant through the SBA’s State Trade Expansion Program, a federal-state partnership initiative to increase the number of small businesses exporting. The state of Vermont is providing $100,000 for a total of $400,000 in state exporting funds. 

This marks the ninth time Vermont has received a STEP grant. Expanding the base of small business exporters and improving the process to explore new trade opportunities is a key component of SBA’s small business strategy.

“Each year the state is awarded a STEP grant, it’s another year affording small businesses the opportunity to show the world what great products Vermont has,” said Darcy Carter, SBA Vermont District Director.

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Exporting: Myths versus Facts

SBA’s Vermont District Office is hosting a New England-wide webinar  at 10 A.M. Sept. 23 featuring Regional Trade Finance Manager Sandro Murtas. Topics will include the benefits of exporting, creating an export plan, how to begin exporting and exporting finance options.   

Join the webinar via Skype.

To join by phone, call (202) 765-1264 and when prompted enter the code 241910751. Upon joining the call, mute the phone to cut down on the background noise and please do not place the call on hold as the hold music will be heard over the presenter.

For more information, email