COLUMBUS - State Senator Troy Balderson (R-Zanesville) today announced that the U.S. Small Business Administration (SBA) has awarded $700,000 aimed at supporting efforts to expand Ohio’s small business markets overseas.

“The grant recently announced by the Small Business Administration will be invaluable to Ohio and particularly to the Southeastern region of the state,” said Senator Balderson. “Small businesses are central to our communities, as they create jobs and opportunities for Ohioans. We remain committed to improving Ohio’s economy and this grant will help us achieve that goal.”

Under the SBA's State Trade Expansion Program, 306 Ohio businesses have received funding to offset costs and promote their product lines and services in international markets. With this new grant, more small businesses will be eligible to apply for the assistance through the Ohio Development Services Agency’s Export Assistance Office.

Businesses are eligible for assistance with marketing expenses of up to $12,500, under the program. The announced program will run through September 29, 2018.

 
 
 
  
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