Friday, October 21, 2011

Enterprise Florida grant to boost export activity


Enterprise Florida has been awarded a State Trade and Export Promotion (STEP) grant for $780,786 by the U.S. Small Business Administration to help boost export activity during the next year. Enterprise Florida’s grant is one of many totaling $30 million that the SBA has presented to states, territories and Washington, D.C. as a result of the 2010 Small Business Jobs Act’s State Trade and Export Promotion Program.
“I am on board with the President’s vision that U.S. companies and workers can double U.S. goods and services exports during the next five years, which would help support good, high paying jobs in manufacturing, services, and in agriculture,”  says the U.S. Small Business Administration’s Regional Administrator Cassius Butts.  “We are happy to be working with partners, such as Enterprise Florida and other partners across the United States to increase both the number of exporters and the number of countries they ship to.  The Step Grant exemplifies the dedication that Florida has to spurring economic growth and assisting entrepreneurs to thrive from the international market.”
      In using its grant toward that purpose, Enterprise Florida has goals that include helping the state’s small and medium-sized enterprises (SMEs) diversify their target markets, and prompting infrequent and single-market exporters to expand their overseas trade activity. 
      “Furthermore, we will work to engage new SMEs, particularly manufacturers, in exporting,” emphasizes Manny MencĂ­a, senior vice president of Enterprise Florida’s international trade division.  “The grant will enable more SMEs to take advantage of overseas tradeshows and missions because we will be able to provide them with funding to offset their costs.”

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