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Trade Show Grant Program
This program is
designed to encourage Wisconsin companies to seek out new international
markets. Under the program, Wisconsin companies can be reimbursed up to
$5,000 for specific expenses for participating in an approved trade
show or matchmaker trade delegation event. Eligible shows must be
outside the United States with one exception. Wisconsin companies
marketing new hi-tech products with worldwide application may be
approved for shows held within the United States which have significant
international participation. A company can be approved for no more than
$5,000 in a 12-month period and no more than a maximum of $15,000
under this program. A company must apply to the trade show
grant
program and be approved prior to attendance; the program is not
designed to reimburse companies for attendance at trade shows prior to
signature of a grant contract.
Purpose
The primary purposes of the Wisconsin
Trade Project are to encourage smaller Wisconsin companies (defined as
companies, together with its affiliates and subsidiaries, with annual
sales of less than $25 million) to become exporters and to help
existing smaller exporters seek out new markets. At least 50% of the
manufactured value of the product or of the performance value of the
service must be produced in Wisconsin. The program encourages
Wisconsin companies to approach export markets in a planned, logical
fashion. It allows the Department of
Commerce's Bureau of Export Development to assist companies which we
have not been able to assist
through past state-sponsored programs because of the uniqueness of
their products or markets. It also allows us to assist Wisconsin
companies marketing new hi-tech products with worldwide application.
International Trade Consultants
Companies who wish to participate in the program can utilize the
services of the international trade consultants of the Department of
Commerce, Department of Agriculture, Trade and Consumer Protection and
the Department of Natural Resources. Our consultants work without
charge and can help you evaluate if you should seek foreign markets and
which markets hold the best potential for your products. They can also
help you with specific market research and in developing global
marketing plans. They can also inform you about the wide variety of
services available through the Department and its international
offices.
Reimbursement
The Department will reimburse
approved grantees up to $5,000 for certain expenses for participating
in a trade event certified by the Wisconsin Department of Commerce, the
U.S. Commercial Service, or the U.S. Foreign Agricultural Service.
Reimbursable expenses include:
- trade show or matchmaker trade delegation participation
fees;
- costs associated with shipping displays, samples, catalogs,
or
advertising materials;
- costs
incurred at a trade show or matchmaker trade delegation event for
utilities, booth construction, or necessary modification, repairs or
other reasonable expenses associated with displays;
- costs
associated with first time foreign language translation of brochures
and product literature or the use of translation services and
interpreters at a trade show or matchmaker trade delegation event.
The following may not be
reimbursed:
- travel costs
- lodging
- employee salaries
- meals and entertainment
Approval for reimbursement of expenses will be based upon
extent to
which the export development plan demonstrates export potential and the
extent to which the proposed reimbursable activities relate to the
potential success of the product or service to be exported. This
program is not designed to support the existing, productive export
markets of a company. A Wisconsin-based employee of the company (not
a representative or agent!) must participate in the event.
Priority
The legislature has earmarked $100,000 for this program;
companies will be approved on the merits of their application. Priority
for reimbursement under this program will be given to firms and
companies whose products and markets have not been serviced by our
programs. All other applications will be considered on their merits.
Applicants will be contacted by a Department of Commerce consultant
within 15 working days of your application. The Department will
reimburse grantees for all approved budget items. Copies of receipts or
canceled checks are required. A completed evaluation form of the event
and results must be submitted with the request for reimbursement. The
Department will not guarantee payment of unbudgeted items. Please check
with the Program
Manager (phone: 608/266-0413) if you have questions.
Frequently Asked
Questions
Since the Wisconsin Trade Project grant application form
requires an
original signature, it cannot be completed and submitted on-line. You
can obtain a blank application form
on-line,
fill it out, and submit it by mail.
The on-line, blank application is a .pdf file. Portable
Document
Format (.pdf) is a cross-platform format that is transportable and
viewable on any type of computer system. Such files need a viewer like
Acrobat Exchange or Acrobat Reader. Reader is downloadable free from Adobe
*.
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