Hearings
The SBA Office of International Trade and the STEP Program as Key Tools for Recovery and Expansion
Tuesday, July 19, 2022 | 10:00 AM
The Committee on Small Business Subcommittee on Economic Growth, Tax, and Capital Access will hold a hybrid hearing titled: “The SBA Office of International Trade and the STEP Program as Key Tools for Recovery and Expansion.” The hearing is scheduled to begin at 10:00 A.M. on Tuesday, July 19, 2022 in Room 2360 of the Rayburn House Office Building. Participating members can also join remotely via Zoom.
The hearing will review the Small Business Administration’s (SBA) State Trade Expansion Program (STEP). The Small Business Jobs Act of 2010 authorized the SBA to establish a threeyear State Trade and Export Promotion pilot grant initiative to increase the number and value of small business exports. Later, through the Trade Facilitation and Trade Enforcement Act of 2015, the SBA was directed to formerly establish the State Trade Enhancement Program (STEP) to provide grants to states to increase the number of exporting small businesses, particularly in States with a small number of small businesses exporting or proposals that would assist rural, womenowned, and socially or economically disadvantaged small businesses. This hearing will allow Members to hear the states’ and small business perspective on STEP and its effectiveness in providing exporting opportunities for small businesses. Hearing Notice Hearing Memo Witnesses Ms. Mary Waters Deputy Commissioner, International Trade Georgia Department of Economic Development Atlanta, GA Testimony Mr. William E. Spear Manager, Office of Export Promotion The State of New Jersey Business Action Center of the New Jersey Department of State Trenton, NJ Testimony Chief Executive Officer Pyramid Foods, LLC Shawnee, KS Testimony |
