New International Financial Assistance Opportunities
October 1, 2020
Market Trade Assistance Program (MTAP)
Projects involving a third-party providing any of the below services. Eligible companies may receive one grant in each category per funding period (current period ends September 29, 2021).
A (Cap = $6,000)
- Website translation, search engine optimization and localization
- Design, translation and localization of brochure(s)/product information (i.e. foreign market compliant labels, packaging, technical manuals/documents)
- Design, translation and localization of all forms and channels of social media
- Design of digital international ad placements
- Translation of marketing media, including audio/video
- Required Compliance Testing of existing product for entry into an export market
B (Cap = $6,000)
- International attorney fees for trademark registration, foreign sales/distributor contracts
- Consultant services to identify and meet regulatory and certification standards of existing product for entry into an export market (i.e. CE, CCC, CUL, etc.)
- Consultant services provided by IEDA-selected contractors in Australia, South Korea and select African markets – services equivalent to those offered by IEDA in-country representatives
C (Cap = $10,000)
- Design and develop websites with an international focus
- Oversight and maintenance/monitoring fee for search engine optimization
- Online market listing fees
- E-commerce platform, including hosting and/or maintenance fees (limited to once per calendar year)
- Expenses to set up websites to accept international payments
Export Trade Assistance Program (ETAP) and Domestic Trade Assistance Program (DTAP)
Cap = $4,000
- Exhibit in international trade shows - now includes virtual trade show booths
- The two times maximum for the same show is waived (temporarily) when moved to virtual event
For more information, visit iowaeda.com/international-trade/financial-assistance/ or contact lisa.longman@iowaeda.com.
Read the Fall 2020 issue of the International Update here.