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California STEP Grant – Y11 Round 3

Governor's Office of Business and Economic Development · 85322

Eligibility details

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.

Matching funds & resources

Source matching-funds field: 25%. See page 7 of the Program Guidelines.

Matching funds and leveraged resources are different requirements. Read the description and reviewed rules below before determining resource commitments.

About this opportunity

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.

Funding geography: 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.

Funding instrument: Grant. Issuing jurisdiction: California. This is not a geographic eligibility determination.