World Trade Center Arkansas Awarded $200,000 STEP Grant

FAYETTEVILLE, Ark. – The World Trade Center Arkansas was awarded a $200,000 grant from the Small Business Administration through the State Trade Expansion Program to assist Arkansas’ eligible small business concerns with export expansion. This two-year grant commences Sept. 30 and ends Sept. 29, 2021.

The STEP program, implemented by the Small Business Administration in 2011, is a trade and export initiative with objectives to increase the number of small businesses that are exporting and to increase the value of exports for those small businesses that are currently exporting.

“This grant is crucial for small business concerns who want to expand export sales and explore new export markets,” said Dan Hendrix, president of the World Trade Center Arkansas. “STEP provides an opportunity for these small businesses to pursue these foreign markets through trade missions, trade shows and export training seminars, among others.”

About the World Trade Center Arkansas: The mission of the World Trade Center Arkansas is to grow trade and increase Arkansas exports by connecting Arkansas businesses to the world through international trade services. The center is part of the University of Arkansas Office of Economic Development and serves as the trade promotion arm for the Arkansas Economic Development Commission.

About the University of Arkansas: The University of Arkansas provides an internationally competitive education for undergraduate and graduate students in more than 200 academic programs. The university contributes new knowledge, economic development, basic and applied research, and creative activity while also providing service to academic and professional disciplines. The Carnegie Foundation classifies the University of Arkansas among fewer than 3% of colleges and universities in America that have the highest level of research activity. U.S. News & World Report ranks the University of Arkansas among its top American public research universities. Founded in 1871, the University of Arkansas comprises 10 colleges and schools and maintains a low student-to-faculty ratio that promotes personal attention and close mentoring.

Contacts

Andy Albertson, director of communications and entrepreneurial support
Office of Economic Development
479-575-5606, aalbert@uark.edu

Headlines

The World as a Classroom: The Executive M.B.A. Program at U of A

The program, offered through the Sam M. Walton College of Business, blends online learning with face-to-face interaction and applied studies in a real-time international immersion trip.

Keri Blakinger, Author of 'Corrections in Ink,' to Speak at Fayetteville Public Library April 22

Blakinger, an award-winning journalist now at the Los Angeles Times, will talk about her memoir and her work as a reporter at 6 p.m. April 22 at the Fayetteville Public Library's Walker Community Room.

Visit With University Libraries and Pat Walker Health Center's Medical Services at Carnival Today

Employees are invited to meet fellow workers from units across campus including the University Libraries and the Pat Walker Health Center at today's Making Your Day Work Carnival at the Arkansas Union.

Farewell Reception April 3 for Fulbright College's Lisa Summerford

The campus community is invited to celebrate Summerford's achievements and to wish her well during a drop-in retirement reception from 3:30-5 p.m. Wednesday, April 3, in the Fulbright College Dean's Office in Old Main 523.

Rachel McGathy Retiring After 25 Years

There will be a reception to celebrate McGathy's retirement from 2:30-4:30 p.m. Friday, March 29, in the downstairs breakroom at Uptown East.

News Daily