Commerce Launches Kansas Global Business Expansion Program
The International Division of the Kansas Department of Commerce today launched the Kansas Global Business Expansion (K-GLOBE) program. The program merges two formerly separate programs – the Kansas International Trade Show Assistance Program (KITSAP) and the Kansas International Trade Marketing Assistance Program (KITMAP) – into one international business development-focused grant.
“Commerce is streamlining the manner in which Kansas companies receive assistance to start or continue growing their exporting potential,” Lieutenant Governor and Secretary of Commerce David Toland said. “The K-GLOBE program is going to provide entrepreneurial businesses with resources to expand their sales internationally, putting their products and services in front of a much larger marketplace.”
K-GLOBE is administered by the Kansas Department of Commerce’s International Division to support exporting efforts of small- and medium-sized Kansas businesses by exhibiting products internationally at trade shows and conferences. The grant assists Kansas companies by conducting export-related marketing and business development activities such as foreign sales trips, market research, website localization, and translation and interpretation services.
“95% of potential customers for Kansas products and services reside outside of the United States. We want Kansas companies to have the opportunity to effectively capture this international market share and bring revenue home from abroad,” Commerce International Director Laura Lombard said. “K-GLOBE aims to support companies by being a financial resource for those international goals and we are hopeful that Kansas businesses will take advantage.”
The new program provides companies with a reimbursement for 50% of eligible direct expenses up to $10,000 per fiscal year (July 1-June 30). Eligible businesses are companies with their headquarters located in Kansas whose products or services originated in the state, or with products that received substantial value-added processing in Kansas.
“Applications and paperwork are inevitable in any grant process, but we’re grateful to Kansas Commerce for their initiative to simplify the programs,” Sam Billen of Primary Color Music, LLC said. “We expect to continue using K-GLOBE and hopeful that many other Kansas-based businesses will take advantage of these resources.”
For more information about K-GLOBE, click here.
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