World Trade Center Utah has been awarded $390,000 in funds to provide grants to local companies.
The funding comes through the State Trade Expansion Program (STEP), administered by the U.S. Small Business Administration. The grants are designed to boost the number of small businesses that are exporting and help existing exporting companies grow. WTC Utah is accepting grant applications until Oct. 31.
“When we invest in small businesses, we are investing in the future of our economy,” said Derek B. Miller, president and chief executive officer of WTC Utah. “The STEP grant accelerates the development of these companies by opening up doors to global business opportunities. World Trade Center Utah is honored to be the steward of such an important grant.”