Grants to Help Small Companies Go Global

Huber says more than 90 percent of companies in the city have no international sales.

The Indy Chamber is partnering with JPMorgan Chase & Co. to help companies pursue international customers. The GoGlobal Export Acceleration Grant program will provide small companies with grants to help them cover costs associated with exporting.

The effort is being funded by a $200,000 donation from JPMorgan Chase. The program is targeting smaller companies by offering up to $5,000 in matching funds for business and marketing costs.

Indy Chamber President Michael Huber says, although Indianapolis is among the top 25 regional export economies, more than 90 percent of companies in the city have no international sales. He says Indy’s export numbers are mostly driven major manufacturers and life sciences companies.

In a release, Huber said, "The expertise of Brookings and support of JPMorgan Chase have been invaluable in putting together new plans for increasing exports and attracting foreign investment. We’re building a support system that helps companies step-by-step become successful exporters; the new GoGlobal grant program will give businesses a head-start on this effort."

Organizers are accepting grants through April 15. You can find more information by clicking here.