The Governor’s Office of Economic Development has been awarded a $250,000 grant to help small Nevada businesses enter and expand exports in the international marketplace.
The money is funded through a cooperative agreement with the U.S. Small Business Administration.
A spokesman for GOED’s International Division says Nevada small businesses participated in previous grants through the program. Pawel Pietrasienski, GOED International Trade Director, estimated the return on investment was an average of $29.60 for every dollar awarded.
To date, 142 companies have benefited from the program and 74 of them have been minority owned, women owned, veteran owned or operated by other disadvantaged owners.