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International Marketing Financial Assistance available to Iowa Companies

Export Trade Assistance Program (ETAP) – STEP 2011-12 is extended!
The International Trade Office will continue to receive ETAP applications for events taking place through September 30, 2013. This program may reimburse a qualified Iowa company a percentage of expenses related to exhibiting at an eligible international trade show or trade mission taking place outside the United States, up to $4,000 per grant. Funds are allocated on a first-come, first-serve basis until funds are exhausted, so apply early!

Domestic Trade Assistance Program (DTAP) – STEP 2012-13
The International Trade Office is now accepting DTAP applications for events taking place October 1, 2012 through September 30, 2013. This program may reimburse a qualified Iowa company a percentage of expenses related to exhibiting at an eligible international trade show (with a demonstrated significant international audience), taking place in the United States, up to $3,000 per grant. Funds are allocated on a first-come, first-serve basis until funds are exhausted, so apply early!

Both programs are funded through a cooperative agreement with the Small Business Administration and therefore each company must qualify under the SBA qualifications. There are four documents required to show eligibility.

1. Complete the SBA “Small Business Concern” self-certification form. You can find information on the size requirements (and affiliation guidelines) at www.sba.gov/size. You will need to know your company’s (product) NAICS code, or if your company has a variety of products, your company’s primary NAICS code.
2. Complete the “Begin Exporting” assessment. Click “Begin Exporting,” then choose “Begin.” There are 9 questions to complete. Includes a print or email option in the top right corner of the results page. Submission of results is required. Companies must score 66% or higher.
3. Complete the Export Plan form. If your company already has a strategic plan for exporting, you may submit a copy of that in lieu of completing this form.
4. Complete the “Debarment Certification” form.
After confirming your company is eligible, the online application is available through www.iowagrants.gov. Instructions on how to register and step-by-step instructions for applying can be found at: http://www.iowaeconomicdevelopment.com/business/intltrade/export_finance.aspx

Export Trade Assistance Program (ETAP) – State funded
For companies that do not qualify under the SBA guidelines above, but do qualify under the State’s ETAP guidelines, there is also still the previous Export Trade Assistance Program (ETAP) grant program. If your company does not qualify under SBA funds and will be exhibiting at an international trade show outside the United States or an eligible trade mission, contact me for details.
Questions can be directed to Lisa Longman at the Iowa Economic Development Authority lisa.longman@iowa.gov.

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