Washington has received a fourth round of funding to help state businesses achieve growth through exporting. The $747,300 grant is part of the Small Business Administration’s State Trade Expansion Program.
More than 450 small businesses throughout Washington have used the State Trade Expansion Program support to increase exports. To date, these businesses have generated more than $220 million in sales because of these grants, a tremendous return on investment.
“From the apple orchard to the shipping dock, trade is essential to Washington and our country’s economy. During its first two years, the State Trade Expansion Program supported 2,230 jobs in the State of Washington. I look forward to seeing this successful program continue to help America’s small businesses seize the opportunity to increase exports to growing markets overseas,” said Senator Maria Cantwell, who helped move the State Trade Expansion Program funding through Congress.