DBEDT: High STEP export program brought steady export gains and grant awards
DBEDT reported decade‑plus results from the High STEP export program: roughly $7.4 million in STEP grants over 13 years, average new exports of about $13 million per year and an estimated $286 million cumulative economic impact; the program reported over 1,500 jobs supported and $1.7 million in direct company assistance to 229 firms.
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Jamie Lam, who manages DBEDT's High STEP export activities, told the committee the program is funded by a federal Small Business Administration STEP grant and has supported Hawaii companies in trade shows, webinars and direct assistance. "In those 13 years, we have received $7,400,000," she said, and agency materials cited an average $13,000,000 in new exports per year and a cumulative economic impact of $286,000,000 with more than 1,500 jobs supported or retained.
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