Ineligible small businesses are those that do not have a product or service to export, are acting as intermediaries for other companies and/or are recruiting foreign investment. Companies that are already receiving federal funding from another institution for a particular event are also excluded from receiving additional funding through STEP.

Also, companies who receive STEP funding for their travel to a trade show must be registered exhibitors at that show, and STEP travelers must be company employees. Likewise, companies who receive STEP funding for their travel to a trade mission must be a registered participant of that mission.