Office of International Trade: Massachusetts
Federal Funding: $720,856
The STEP program works with the Massachusetts Export Initiative and involves a group of programs that provide benefits directly to small businesses in the state of Massachusetts. A program managed by the Massachusetts Office of International Trade and Investment (MOITI) will provide funding directly to small businesses to fund initiatives that they determine will increase their exporting activities. Additionally, Massachusetts has created an international buyer’s program for medical devices as it is the second largest exporter of medical devices in the country. Finally, the development of a Free Trade Fund will provide fundings to small businesses on a rolling basis so they can take advantage of “real time” opportunities in “free trade agreement” countries.