Description
The Foreign Market Development Cooperator Program is a grant program designed to maintain and develop foreign markets for United States agricultural commodities and products through cost-share assistance. The program is open to nonprofit U.S. agricultural trade organizations that promote the exports of one or more U.S. agricultural commodities. The program provides funding for overseas marketing and promotion activities, and applicants must contribute at least 50 percent of the value of resources reimbursed by the Commodity Credit Corporation (CCC) for activities conducted under the agreement. The program has a competitive review process, and funding is allocated based on the applicant's strategic planning, program implementation, and program results and evaluation. Key aspects of the program include:
* Eligible applicants: Nonprofit U.S. agricultural trade organizations
* Eligible activities: Overseas marketing and promotion activities
* Funding: Up to $10 million per award, with a total of $34.5 million available for the program
* Project duration: Up to 3 years
* Evaluation criteria: Strategic planning, program implementation, and program results and evaluation