State Announces Award of New Grants for Export Promotion

The Governor’s Office of Economic Development and the U.S. Small Business Administration have awarded the initial round of grants to three companies through the new Nevada State Trade and Export Promotion Grant Program, or STEP Grant. The federal grant program administered by the states provides as much as $25,000 per grant for Nevada businesses for the export and promotion of their products.

A total of $160,000 was made available for Nevada businesses, with the money provided by the U.S. Small Business Administration. To qualify, businesses must be profitable, registered with the Nevada Secretary of State’s Office, have a valid Nevada business license, and have been in business for at least one year. The three recipients were awarded the grants after meeting all of the criteria.

The recipients of the first round of grants are:

--Tate Snyder Kimsey, $12,500. The 51-year-old Las Vegas architecture firm that specializes in public and civic projects will use the money to promote its architectural services in southern China. The firm has one contract to design a building in Shenzhen, China, and is seeking additional business within the region.

--EZE-Lap Diamond Products, $12,500. The Carson City manufacturer of diamond sharpeners since the early 1970s will use the grant to promote its products in Europe, specifically in Germany, where it is seeking new distributors.

--Sable Systems International, $8,300. The Las Vegas developer of specialized metabolic measurements systems for scientists since 1987 serves science professionals with superior instrumentation and software. The company will use the money to promote its products in Brazil by attending a trade show and through a series of seminars.

 “Each one of the grant recipients is a valuable member of Nevada’s innovative business community,” said Lt. Gov. Brian Krolicki, “and the STEP Grants provide a fresh tool in the effort to strengthen and diversify Nevada’s economy.”

The STEP Grant is the key program under the state’s new NITRO Program, or Nevada Investment and Trade Revenue Opportunities Program, which is designed to bolster the overseas promotional efforts of small businesses.

Additional grant requests have been submitted and are under review by GOED and the SBA. Details about the NITRO program and forms to apply for grant money are at: http://nitro.nv.gov.

For additional information contact Jeff Sutich at the Governor’s Office of Economic Development, .(JavaScript must be enabled to view this email address), (775) 687-9902, or Brittany McLean, .(JavaScript must be enabled to view this email address), (775) 697-9906.

The Nevada Governor’s Office of Economic Development is dedicated to the diversification of the Nevada economy. .
            
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Funded in part through a grant award with the U.S. Small Business Administration. All opinions, conclusions, or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA.