State Trade Expansion Program (STEP)
The Federal share of project cost for states that have high export volumes will be 65% and State matching funds required will be 35% of the sum of the Federal award.
High export volume was determined based upon U. S. Census Bureau export data by state.
This means that for every $1 of Federal funds proposed, these Recipients must provide $.53846 in match.
For purposes of this Funding Opportunity Announcement, the high export volume States are:
Texas, California and Washington.
The Federal share of project cost for States that do not have high export volume will be 75% and State matching funds required will be 25% of the sum of the Federal award and Recipient match amount.
This means that for every $1 of Federal funds proposed, these Recipients must provide $.333333 in match.
If an insular area non-Federal entity is an agency or instrumentality of the area’s government, pursuant to 48 U.S.C.
§ 1469a, SBA will waive up to $200,000 of the matching funds required if a STEP award is made to American Samoa, Guam, the U. S. Virgin Islands, or the Commonwealth of Northern Mariana Islands.
If the insular area non-Federal entity is not an agency or instrumentality of the area’s government, the full matching funds requirement applies.
Matching funds must be comprised of not less than 50% cash and not more than 50% of indirect and in-kind contributions.
Matching funds may not be derived from any Federal program.
Non-Federal entity personnel salary and fringe proposed as match will be counted as cash.
Non-Federal entities may not use program income for the purpose of meeting their match.
High export volume was determined based upon U. S. Census Bureau export data by state.
This means that for every $1 of Federal funds proposed, these Recipients must provide $.53846 in match.
For purposes of this Funding Opportunity Announcement, the high export volume States are:
Texas, California and Washington.
The Federal share of project cost for States that do not have high export volume will be 75% and State matching funds required will be 25% of the sum of the Federal award and Recipient match amount.
This means that for every $1 of Federal funds proposed, these Recipients must provide $.333333 in match.
If an insular area non-Federal entity is an agency or instrumentality of the area’s government, pursuant to 48 U.S.C.
§ 1469a, SBA will waive up to $200,000 of the matching funds required if a STEP award is made to American Samoa, Guam, the U. S. Virgin Islands, or the Commonwealth of Northern Mariana Islands.
If the insular area non-Federal entity is not an agency or instrumentality of the area’s government, the full matching funds requirement applies.
Matching funds must be comprised of not less than 50% cash and not more than 50% of indirect and in-kind contributions.
Matching funds may not be derived from any Federal program.
Non-Federal entity personnel salary and fringe proposed as match will be counted as cash.
Non-Federal entities may not use program income for the purpose of meeting their match.
Agency: Small Business Administration
Office: Small Business Administration
Estimated Funding: $18,000,000
Office: Small Business Administration
Estimated Funding: $18,000,000
Obtain Full Opportunity Text:
Link to Opportunity in SAMS Domestic
Additional Information of Eligibility:
Only U.S.-based and foreign non-governmental organizations (NGOs), Public International Organizations (PIOs), and Foreign Public Entities (FPEs) are eligible to apply to this NOFO.
Full Opportunity Web Address:
https://mygrants.service-now.com/grants/record_details.do?sysparm_document_key=u_domestic_funding_opportunity,7f43282bdb011300bce330fd7c961978
Contact:
Agency Email Description:
teresa.clouser@sba.gov
Agency Email:
Date Posted:
2018-03-30
Application Due Date:
Archive Date:
2018-06-01
Social Entrepreneurship
Spotlight
Keeping Half the Profits Beats Non-profits for Social Impact
Melbourne social enterprise Who Gives A Crap sold nearly 3 million rolls of toilet paper in 2014/15 and gave half the proceeds to WaterAid Australia, but co-founder Simon Griffiths says the donation would have been less had the startup adopted a non-profit model when it launched two years ago.
Learn How to Identify and Avoid Grant Scams
