The state helps small businesses with their export initiatives – La Tribune
COLUMBUS – Exporting can help a business create and diversify its customer base, and the Ohio Department of Development (Development) has financial resources for businesses to start or expand existing export initiatives.
“Ohio-made products and services are recognized for their high quality around the world,” said Lydia Mihalik, Director of Development. “Businesses can increase their bottom line and hire more workers by expanding into new markets and finding new customers. Our export services are ready to help.
The International Market Access Grant for Exporters provides eligible businesses with a 50 percent rebate of up to $ 10,000 on $ 20,000 of expenses for activities that promote international trade. These activities may include:
• Website development
• International advertising
• Search engine optimization (SEO)
• Marketing and website translation
• Compliance tests
• Trade shows (international, national and virtual)
The first application period opens today, September 27, and ends at 3 p.m. November 9. Funding for the first round can be used between October 1, 2021 and March 31, 2022. Additional funding opportunities will be announced quarterly subject to funding availability.
Applications for export training scholarships are open now. The grants provide 100 percent reimbursement up to $ 5,000 for export training activities. Funding for export training activities can be used between October 1, 2021 and September 29, 2022.
Requests must be approved before activities take place.
For more information, visit.Development.Ohio.Gov. Businesses can also find help with the application process and get export advice from Development’s Export Assistance Network offices statewide. To find the nearest office, visit development.ohio.gov/bs/bs_itac.htm.