COLUMBUS - State Senator Bill Beagle (R-Tipp City) today announced that the U.S. Small Business Administration (SBA) has awarded $700,000 aimed at supporting Ohio’s small businesses to pursue sales opportunities in overseas markets.

"Investments like these make Ohio a more desirable place for entrepreneurs to start and expand their small businesses," said Beagle. "Job creators are seeking new market opportunities, and this investment will help them to sell more products that are made right here in Ohio. This in turn leads to more opportunities for area job seekers, which is a win for Ohio's growing economy."

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 eligibility period will run through September 29, 2018.

In other business, Ohio Senate President Larry Obhof (R-Medina) on Monday re-appointed Senator Beagle to serve another term on the Governor's Executive Workforce Board. For more than six years, Senator Beagle has been a leading voice for Ohio's workforce development initiatives as well as efforts to improve the state's business climate. Since taking office in 2015, private sector employers have created more than 460,000 new jobs, many of which have been created in the Miami Valley.

 
 
 
  
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