SC Commerce offers an Export Incentives Program to assist small- and medium-sized businesses with entry and expansion into international markets.
This program assists an average of 65 small businesses annually. In the past six years, companies reported $119.3 million in export sales resulting directly from the events and activities funded by the program.
The Export Incentives Program reimburses eligible South Carolina small businesses for pre-approved, export-related expenses through the SBA's State Trade Expansion Program (STEP) or the South Carolina Opportunities for Promoting Exports (SCOPE) program.
Awards are given based on funds available, the number of applications submitted, and the strength and completeness of the applications. For additional information, including eligibility and reporting requirements, please contact the International Trade team.
Funded in part through a grant from the U.S. Small Business Administration.
In accordance with Section 632 of Public Law 117-328,
South Carolina's State Trade Expansion Program (STEP)
Total Program Cost: $433,333
Federal Share: 75% – $325,000
Non-Federal Share: 25% – $108,333