NJ Small Businesses to Receive $847K Boost for Export Growth

August 24, 2026 | njbiz.com

The New Jersey Business Action Center received $847,000 in federal funding to help support new-to-exporting ventures in small and mid-sized business communities through NJSTEP, according to a recent announcement.

The NJBAC said the resources will go toward the New Jersey State Trade Expansion Program.

NJSTEP is funded in part by the U.S. Small Business Administration. It provides financial awards on a first-come, first-served competitive basis to New Jersey-headquartered entities that want to expand sales and customer bases with exports.

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NJ SEED: Small business remains the backbone of the economy. A helping hand may mean a small business today will become a big business tomorrow.