Chicago ranks fourth among U.S. metropolitan areas in total export volume ($66 billion in 2012), but lags behind the U.S. average in exports as a proportion of total output. JPMorgan Chase & Co. is generously funding the Metro Chicago Exports Grant Program to expand metro Chicago’s strong export base to meet rising demand in emerging markets.
Eligible small and medium-sized enterprises (SMEs) can apply for the Metro Chicago Exports Grant Program to help take their business to the rest of the world. The Grant Program will provide at least 50 companies with monetary awards up to $5,000 that will cover costs associated with the company’s next steps to going global.
Expenses up to $2,500 will be reimbursed 100%. Expenses over $2,500 and up to $7,500 will be reimbursed at 50%.
All eligible SMEs are encouraged to apply, but preference will be given to businesses in the following targeted industries:
The Grant Program will consist of two waves:
The Metro Chicago Exports Grant Program must be utilized between the date the grant is awarded through December 31st, 2015.
Firms may apply grant awards toward a service or activity they committed to prior to grant approval. However, grant funds may not be used to pay for something that took place prior to the company’s approval for grant funds.
In order to be considered for grant funding, an authorized representative of the company must certify that the applicant meets all of the following requirements:
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