Grant to help Kentucky businesses make overseas sales

FRANKFORT, Ky. (AP) – Kentucky has received a $400,000 federal grant aimed at helping businesses market their products around the world.

Gov. Steve Beshear’s office says Kentucky will use the grant money to lower the cost for small businesses wanting to participate in international trade missions, sales trips and subscription services provided by the U.S. Commerce Department. The governor’s office says the grant also will assist companies with international marketing campaigns, export trade show exhibits, training workshops or other export initiatives.

The funding comes from the Small Business Administration’s State Trade Export Promotion program.

The governor’s office says more than 100 Kentucky companies have benefited from the program so far.

Officials say that as demand for Kentucky products increases worldwide, the state’s businesses are able to create more jobs.
(Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

Categories: News, State News

Leave a Reply

Your email address will not be published. Required fields are marked *