By ANJANA SCHROEDER
Capital News Service
LANSING – Michigan received the second-largest amount of federal funding through the State Trade and Export Promotion (STEP) program to help small-to-medium sized businesses increase exporting by promoting activities like trade shows and missions. The Michigan Economic Development Corp. (MEDC) will use its $2.1 million grant to help businesses focus on exporting by incorporating a strategic plan and activities like trade shows and website language translation. Chuck Hadden, president of the Michigan Manufacturers Association, said of exporting, “We cannot do a lot besides encourage and train our members, most of which happens at the federal level.”
He said machine-manufacturing companies represent 71 out of 132 companies in the program. The federal grant is $600,000 more than last year’s.