Global Update

Grants Available to Defray Costs for SEMA Nordic and SEMA Reverse Trade Mission

By Kristin Atwan

Global
During SEMA’s Reverse Trade Mission (RTM), participants will have
the opportunity to meet with key global trade buyers of automotive
specialty-equipment products from Europe, Canada and the Middle
East.

U.S. government funds are available to defray the cost for participating in two upcoming SEMA programs designed to increase participants’ export sales. The first event is the July 2021 SEMA Reverse Trade Mission (RTM), where participants will have the opportunity to meet with key global trade buyers of automotive specialty-equipment products from Europe, Canada and the Middle East right here in the United States (California: July 19–20, Michigan: July 22–23, and North Carolina: July 26–27).

U.S. government funding is also available for the inaugural SEMA Nordic trip, August 25–29, to Stockholm, Sweden, where participants will have the opportunity to meet with trade buyers from Sweden and neighboring countries. To date, buyers from Denmark, Finland, Germany, the Netherlands, Norway, Sweden and the United Kingdom have registered to participate. Eligible U.S. companies may receive funds from the U.S. Department of Commerce’s International Trade Administration as well as a number of states to defray participation costs. SEMA has compiled a chart on the available federal funds and state funding (selected states listed below).

States confirming funds available to defray SEMA program costs:

  • California
  • Illinois
  • Indiana
  • Michigan
  • North Carolina
  • Ohio
  • Tennessee
  • Texas

For more information on federal and state grants, click here.

If you have difficulty connecting with your state representative or are interested in whether another state (not listed above) has funding, contact Kristin Atwan at kristina@sema.org.

For more information on the SEMA Nordic trip and the Reverse Trade Mission, contact Linda Spencer at lindas@sema.org.