SBDC Template

Export Grants


 

 

Rosy, I want you thank you and your staff for a most awesome and rewarding experience while attending my classes for the LEADING EDGE program. I thoroughly enjoyed each class as the instructors were informative and helpful. Their knowledge and expertise has been extremely helpful for our company and my clients. I learned a lot and the classes will save my company a lot of money and heartache. I have scheduled my meetings with the SBDC and will meet with the business librarians at the library to complete our business plan. We hope to be successful in obtaining the grant to take our business to the next level and internationally. Please thank your staff and the board for allowing Classique, LLC to participate in such a valuable program."

- Selena Dunham, Principal | Classique, LLC

DEADLINE TO APPLY: MAY 31, 2017

The Export Grant is a financial assistance program administered by the Colorado Office of Economic Development and International Trade (OEDIT). The program is funded by the Minority Business Office in partnership with the Colorado Small Business Development Center, the Rocky Mountain World Trade Center Institute, and the Office of International Trade at OEDIT. The grant and training provide an educational pathway and equip small and medium-sized minority and women-owned Colorado businesses to develop a strategic plan for export markets.


  • Grants within the program will be capped at $10,000 per business to cover costs associated with export projects, activities, or services undertaken during the grant period.
  • Approved applicants are required to attend the LEADING EDGE for International Opportunities class curriculum. The forty-eight hour curriculum provides practical training for small businesses on all aspects of international trade. Completion of the course will provide participant businesses with an International Trade Certificate from the World Trade Center of Denver (WTC) as well as WTC annual membership and attendance to the WTC Annual Meeting. WTC training, membership and certification will be covered by the Colorado SBDC.
  • The Office of International Trade is aiding in the selection of grant awardees as well as providing subsequent local and international consulting to the recipients of the grant.
  • Each grant recipient will receive the amount determined by OEDIT. Proof of expenditures will be required to be submitted to the Minority Business Office (i.e. proof of payment, receipts, and bank/credit card statements).
  • A mid-year progress report and a final report will need to be filed with the Minority Business Office through the grant cycle.

The grant application is now open. Please apply below. The deadline to apply is May 31, 2017.
 
 
Eligibility Requirements
 
  • Company employs less than 100 employees globally
  • Company is headquartered in Colorado or at least 50% of its employees are based in Colorado
  • Company is registered and in good standing with the Colorado Secretary of State
  • Company ownership is 51% minority, veteran or women-owned, who have primary responsibility for managing day-to-day operations
  • Business has been operating for at least 12 months 
 
 
 
Eligible Export Projects, Activities or Services Covered by Program
 
Grant proceeds may be used for specific international business development and marketing projects, activities or services. These costs may include, but are not limited to:
 
  • Client development activities
  • Roundtrip, economy-class airfare to a foreign market for up to three individuals as necessary and as warranted by the anticipated economic benefit of the trip
  • Roundtrip, economy-class airfare for a foreign company to come to Colorado to further develop an already existing business relationship with a local Colorado company. Roundtrip airfare will be provided for up to two individuals from the foreign company as necessary and as warranted by the anticipated economic benefit of the trip.
  • Lodging for up to seven nights for up to three representatives of the participant in the foreign market or their potential buyer/partner in Colorado. Funds will cover standard-room charges and cannot cover suites or similar lodging expenses.
  • Foreign trade show exhibition and conference participation costs
  • OEDIT and/or U.S. Department of Commerce (“DOC”) sponsored trade missions
  • Foreign business-to-business matchmaking services, including the use of the U.S. Department of Commerce’s Gold Key service
  • Targeted advertising in overseas industry trade publications

PLEASE NOTE: The deadline to apply is May 31, 2017. You will be brought to the OEDIT webpage to apply. After creating an account, make sure you choose the MBO International Grant Program. Call 303-892-3840 with any questions.