Item 51

Authorize the Division of Economic Development, Office of International Commerce to accept and expend grant funds from the U.S. Small Business Administration’s State Trade Expansion Program grant program in the amount of $250,000 to allow for the creation of specialized programs to focus on international markets with the highest growth potential and to engage industries with the greatest and most immediate ability to compete successfully. Effective upon G&C approval through June 30, 2023. 100% Federal Funds. Contingent upon Fiscal Committee approval on October 14, 2022.