California STEP Grant – Y11 Round 2

Purpose: The California State Expansion Program (STEP) grant offers financial assistance to eligible California small businesses seeking to expand into foreign markets through STEP Events and Export Vouchers . STEP aims to boost the number of qualified small business exporters and increase the volume of goods and services they export. Eligible California small businesses can participate in up to two (2) STEP events per federal fiscal year, with potential participation in additional events based on space and funding availability. For the Export Voucher, eligible businesses can receive reimbursement for up to 75% of pre-approved expenses, capped at $10,000 per federal fiscal year of October 1, 2024 – September 28, 2025. Eligible Applicants: For-profit; Business Organized or incorporated in the U.S; Exporting goods or services of U.S. origin or that have at least 51% U.S. content; Meet SBA small business size standards; In business for at least one year See detailed eligibility. Eligible Geographies: Must be organized or incorporated in the United States of America; Must have significant business operations in California. (Substantial presence in terms of workforce, facilities, and economic impact within that state); Must be registered to do business in the State of California and have a good standing with regulatory agencies; GO-Biz will assess the operating status of a company based on the business type: See detailed eligibility. Matching Funding: See page 7 of the Program Guidelines.

• PSCAgriculture, Energy, Environment & Water, Food & Nutrition, Science, Technology, and Research & Development

• STEP-Program-Guidelines.pdf

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  step@gobiz.ca.gov