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Glacier Country News

Thursday, November 21, 2024

BIG SKY VICTORY FUND: Montana Wins Trade Expansion Grant to Support Business Growth in International Markets

Expansion

Big Sky Victory Fund issued the following announcement on Sept 16.

The Montana Department of Commerce has been awarded a federal grant to help local business export and promote their Montana-made products to international markets.

The U.S. Small Business Administration’s $499,488 State Trade Expansion Program grant will be used to sponsor Montana businesses at international tradeshows, which develops meaningful relationships between Montana companies and international buyers, leading to business growth. It’ll also support ongoing training and technical assistance for those small business exporters.

“Montana-made products are innovative and sought after,” Commerce Director Tara Rice said, “that’s why we support businesses along their path of startup to international exporter. Montana exports hit a record $1.65 billion last year, strengthening the state’s economy and fueling business growth.”

Montana’s top five commodity trading partners last year were Canada, Republic of Korea, China, Belgium, and Japan.

Original Source here.

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