Maine Domestic Trade Expansion Program
Funded by the Maine Jobs & Recovery Plan (MJRP) through a contract with the Maine Department of Economic & Community Development (DECD), MITC administers the Maine Domestic Trade Expansion Program (DTEP), providing financial support to help companies diversify and grow markets within the United States.
This program is currently available to support Maine businesses engaged in one of the following three sectors:
Aerospace & Defense
Food & Beverage
Offshore Wind & Renewables
Growing Domestic Sales is a Smart Business Strategy
Building your business domestically through investing in market analysis, selection, and entry methods serves as a springboard for future success in international markets. In addition, market diversification that includes strong domestic sales will help your business weather times of global economic uncertainty.
Advancing Domestic Trade for Maine Businesses
Selling more of Maine’s goods and services within the US is a key recommendation of the 10-Year Economic Development Strategy. The initiative received $15M in funding through the Maine Jobs & Recovery Plan to promote economic growth and strengthen Maine’s business climate for startups. Domestic trade is good for Maine’s businesses and communities, often leading to indirect jobs and increased commerce. The skills honed with domestic trade activities can result in increased capacity for international trade.
Annual economic data on domestic trade illustrates the value of these initiatives. In this mid-term report of the domestic trade program, we are already seeing momentum for Maine’s businesses. Funding has resulted in increased sales, national exposure in television, social, and print media, and new wholesale agreements to cite just a few examples.