This past week Agriculture Secretary Tom Vilsack announced that the U.S. Department of Agriculture's (USDA) Foreign Agricultural Service (FAS) has provided funding allocations supporting more than 100 organizations' efforts to help expand commercial markets for U.S. agricultural exports. The fiscal year 2010 allocations were provided under a number of FAS' market promotion programs including three of particular interest to NASDA members.
The Foreign Market Development Program (FMD) provided a total of $34.15 million in fiscal year 2010 to twenty-one organizations to develop and maintain foreign markets for U.S. agricultural products. Grant recipients must match a minimum of 50 percent of the funds allocated under the program.
The Market Access Program (MAP) allocated approximately $197 million in cost-share assistance to sixty-six nonprofit U.S. trade organizations and small-sized entities to help create, expand and maintain foreign markets for U.S. agricultural commodities and products. MAP participants must match a minimum of 10 percent of the funds allocated under the program for the cost of generic marketing and promotion activities and a dollar for dollar (100%) match for branded promotions.
In addition, the Technical Assistance for Specialty Crops Program (TASC), allocated more than $7.3 million to 26 organizations for Fiscal Year 2010. The TASC works to open, retain and expand markets for U.S. specialty crops. Resources are provided to address phytosanitary or related technical restrictions that prohibit or threaten the export of U.S. specialty crops. For a complete listing of funding allocations and projects, click here. (Contact: Amy Mann)