Illinois to receive grant to increase exports

By WEEK Reporter

Illinois to receive grant to increase exports

September 28, 2012 Updated Sep 28, 2012 at 11:47 AM CDT

CHICAGO, Ill -- Governor Pat Quinn and U.S. Senator Dick Durbin announced Friday that Illinois will receive a federal grant of over $1 million to increase exports in Illinois.

The grant is coming through the U.S. Small Business Administration's State Trade and Export Promotion Program (STEP). 

This announcement comes after Governor Quinn's return after his six-day trade mission to Brazil.

"We want to help small and mid-sized businesses in Illinois gain access to the world's fastest growing markets," Governor Quinn said.  "As Illinois companies compete on a global stage, this program provides a stepping stone to increase their sales overseas and fuel job growth at home."

The funding is designed to help increase the dollar of export sales in Illinois by providing assistance to small and medium-sized businesses in Illinois.

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