# The New Mexico State Trade Expansion Program (STEP) Grant

Investor in Albuquerque, New Mexico

## About 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.

## People

- **Margo Galvan**, Director of NM Trade

## Key Facts

- **Location:** Albuquerque, New Mexico
- **Investor Type:** Grant

## Investment Industries

- Grant
- Logistics/Transportation

## How to Contact

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