• Wed. Oct 4th, 2023

Utah Secures $500,000 in Grants to Assist Small Enterprise World Growth


Sep 19, 2023
Utah Secures $500,000 in Grants to Assist Small Enterprise World Growth

Small companies in Utah now have the chance to develop their attain globally, all because of a grant program supplied by the State Commerce Growth Program of the U.S. Small Enterprise Administration. Utah has acquired a grant of $500,000, which can be used to help native corporations in increasing their world presence. This system is being administered by World Commerce Heart Utah in collaboration with the Governor’s Workplace of Financial Alternative. These grants can be utilized for numerous functions, similar to funding worldwide enterprise journeys, creating and translating advertising and marketing supplies to be used overseas, and collaborating in commerce reveals. With 95% of customers and two-thirds of buying energy positioned outdoors america, these grants will assist Utah companies faucet into the huge and increasing world market. Over the previous two years, greater than 120 Utah corporations have already been awarded grants, leading to $90 million in new commerce alternatives for the state. The President and CEO of WTC Utah, Jonathan Freedman, expressed gratitude for the SBA’s contribution, stating that it serves as a catalyst for Utah corporations aiming to entry world gross sales channels. WTC Utah and GOEO work collectively to offer alternatives for entrepreneurs to attach with prospects by way of worldwide commerce missions and reveals. In case you are concerned with studying extra about this grant program or making use of for a grant, please go to the offered hyperlink. Any questions concerning eligibility or accepted actions could be directed to grants@wtcutah.com.

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