The New Mexico State Trade Expansion Program (STEP) Grant

The New Mexico State Trade Expansion Program (STEP) Grant, funded by the U.S. Small Business Administration, is a reimbursement grant program that helps New Mexico companies gain or grow international sales. In October of 2023, the SBA awarded the New Mexico Economic Development Department $200,000 for the NM STEP Grant 11. Eligible companies may request up to $7,500 per annual grant cycle.