NM STEP GRANT
The current NM STEP GRANT cycle is closed.
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If you’re interested in learning more about the grant, please complete the Info Request Form below. Although the current cycle is closed, we are available for informational consultations to help you evaluate your eligibility for possible future cycles, should funding become available.
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GRANTS, NOT LOANS, FOR NM COMPANIES
The New Mexico State Trade Expansion Program (STEP) Grant, is a reimbursement grant program that helps New Mexico companies gain or grow international sales. Eligible companies may request up to $7,500 per grant cycle (might change for future cycles).
For over a decade, the NM STEP Grant has assisted the efforts of small businesses to begin exporting or expand into new markets by reimbursing the cost of eligible activities. By supporting export-ready and post-revenue companies’ international business development, the NM STEP Grant contributes to the increase in the number of exports, value of exports, and number of jobs.
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The NMTA is proud to be the State of New Mexico’s administering partner for the NM STEP Grant.
ELIGIBILITY CRITERIA
In order to be eligible for the NM STEP Grant, a company must meet all of the requirements listed.
STEP GRANT ACTIVITIES
Companies may use NM STEP Grant funds for the following eligible activities. Activities have different funding limits. To learn more about how NM STEP Grant funds may be used, please contact the NMTA. Awards are dependant on availability of funds.
NOTICE: Per the SBA guidelines, conferences are not eligible for the NM STEP Grant program. Eligible activities might change depending on the cycle.
REQUEST MORE INFORMATION
Companies interested in NM STEP Grant funds are encouraged to first schedule a consultation to learn more about the program, discuss current business activity, determine export readiness, brainstorm eligible STEP Activities, and learn about other New Mexico export resources. ​
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If you're interested please fill out the following form. You may also view more STEP grant information by visiting the State of New Mexico's Office of International Trade website.
For any other questions, please reach out to the NM STEP Grant Team at STEP@nmtradealliance.org.