Funding Now Available for Minority and Women-owned Colorado Businesses Interested in Exporting

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Colorado Minority Business Office Awards $50K to Colorado Companies through the Leading Edge for International Opportunities Program
New Round of Funding Now Available for Minority and Women-owned Colorado Businesses Interested in Exporting

DENVER – February 23, 2017 – The Colorado Minority Business Office (MBO) and the Colorado Small Business Development Center (SBDC) Network, divisions of the Office of Economic Development and International Trade, announced today the award of $50,000 to five minority and women-owned companies in Colorado.
The Export Grant is a financial assistance program administered and funded by the MBO in partnership with the SBDC and the  World Trade Center. The grant and training provide an educational pathway and equip small and medium-sized minority and women-owned Colorado businesses to develop a strategic plan for export markets and to help offset the costs of international business development.
The grants of up to $10,000 each are awarded to companies that are new to exporting or are expanding into new export markets.
The five grantees are:
Archipelago Web, Lakewood–$10,000
Classique, LLC, Aurora–$10,000
Couragion, Denver–$10,000
Espoir Beauty, Aurora–$10,000
SaraBella Fishing, Denver –$10,000
Grants may be used for international business development and marketing projects and include airfare and lodging in a foreign market, foreign trade show exhibition and conference costs and targeted advertising in overseas industry trade publications.
Due to the great success the Leading Edge for International Opportunities Grant Program had in 2016, a new round of export grants is now available to minority and women-owned small and medium-sized businesses in Colorado. Grants of up to $10,000 are available to companies that are new to exporting or are expanding into new export markets.
Applications for the new round of grants are now being accepted. The deadline to apply is April 30, 2017

. The application and eligibility requirements can be found here.

Companies interested in applying for the export grant will be required to participate in a 48-hour exporting course with the World Trade Center (WTC). The training course will provide practical training for small businesses on all aspects of international trade, and is available in-person or via recorded webinar. The SBDC is covering the cost of the course.
Completion of the course will provide participant businesses with 5 or more hours of complimentary SBDC consulting, a WTC export certificate, an annual membership to the WTC, and attendance to the 2016 WTC Annual Meeting.
Learn more about the Leading Edge for International Opportunities Grant program and the MBO office here or call 303-892-3840 for questions about the application process.